Stablecoin legislation will put cost pressure on the payments system, says Jan Van Eck
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Yahoo
20 minutes ago
- Yahoo
Netflix, Inc. (NFLX): Not An Analyst Who Isn't Buying Netflix, Says Jim Cramer
We recently published . Netflix, Inc. (NASDAQ:NFLX) is one of the stocks Jim Cramer recently discussed. Netflix, Inc. (NASDAQ:NFLX) is one of Cramer's favorite media stocks. Not only has he discussed the firm regularly this year, but the CNBC host has also continued to express optimism about the firm. Two central points that drive Cramer's excitement about Netflix, Inc. (NASDAQ:NFLX) are the firm's sizable market share and content originality. This set of remarks was made ahead of the firm's earnings. The report sent Netflix, Inc. (NASDAQ:NFLX)'s shares down by 1.6% in aftermarket trading as investors focused on worries of growing costs despite a solid all-around beat. Here's what Cramer said before the earnings: 'Well I mean you will see Netflix in there, there's not an analyst in the world who's not buying Netflix tonight. Everybody. A home theater with family members enjoying streaming content together. Previously, Cramer remarked on how Netflix, Inc. (NASDAQ:NFLX) might experience turbulence after the earnings: 'After the close, we're treated to the most delightful of conference calls, Netflix. First thing, I have a dearth of things to watch right now. It's really starting to bug me. So I'm going to be listening to the conference call in part because they talk about all the great overseas programming. I get some terrific ideas of what to watch when I get home that night. The bar is very high for Netflix, though, which will have to tell us how their ad tier is going, how Squid Game did, and how NFL Christmas streaming football advertising's looking. While we acknowledge the potential of NFLX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
20 minutes ago
- Yahoo
The Walt Disney Company (DIS): Analyst Raises Aren't Working, Says Jim Cramer
We recently published . The Walt Disney Company (NYSE:DIS) is one of the stocks Jim Cramer recently discussed. The Walt Disney Company (NYSE:DIS) is one of Cramer's most frequently discussed stocks. The shares have lost 1.4% since July start and in this appearance, the CNBC host discussed how analyst upgrades were failing to inject momentum into the stock. Previously, Cramer has shared optimism for The Walt Disney Company (NYSE:DIS)'s streaming service and remarked that CEO Bob Iger has managed to turn around the firm's fortune. He also believes that the firm's theme park and cruise ship businesses merit a deeper look. Here are his latest thoughts: '[On higher targets for Disney over last couple of weeks] Yes and it's not working. My trust owns this. We've got several including comments about how linear TV's not down [inaudible] and the stock doesn't move. And I think the stock doesn't move because people [inaudible] it's a showman stock. People want to see Plus numbers and see that they're really is a breakout. Because there's been so much distrust about anything that's involved with linear. No one seems to get their way until they see the numbers. I think the numbers are gonna come through and the stock is going to look cheap. I'm a believer.' A packed theater of moviegoers watching a blockbuster film produced by the entertainment company. Previously, Cramer discussed The Walt Disney Company (NYSE:DIS)'s valuation: 'Okay, Disney's had a real rip-snorting rally from the bottom, but it's still only up 6.8%. It's got a good movie slate coming, only sells at 20 times earnings, and the theme parks are doing incredibly well. I think the answer is absolutely. I think it's a very good long-term holding and I encourage you to buy it right here, right now.' While we acknowledge the potential of DIS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
US not rushing trade deals ahead of August deadline, will talk with China, Bessent says
WASHINGTON (Reuters) -The Trump administration is more concerned with the quality of trade agreements rather than their timing, U.S. Treasury Secretary Scott Bessent said on Monday ahead of an Aug. 1 deadline for securing a trade deal or facing steep tariffs. "We're not going to rush for the sake of doing deals," Bessent told CNBC in an interview. Asked whether the deadline could be extended for countries engaged in productive talks with Washington, Bessent said U.S. President Donald Trump would decide. "We'll see what the president wants to do. But again, if we somehow boomerang back to the August 1 tariff, I would think that a higher tariff level will put more pressure on those countries to come with better agreements," he said. On China, Bessent said there would be "talks in the very near future." "I think trade is in a good place and, I think, now we can start talking about other things. The Chinese unfortunately ... are very large purchasers of sanctioned Iranian oil, sanctioned Russian oil," he said. "We could also discuss the elephant in the room, which is this great rebalancing that the Chinese need to do." Bessent told CNBC he would encourage Europe to follow the United States if it implements secondary tariffs on Russia. On Japan, Bessent said the administration was less concerned with its domestic politics than with getting the best deal for Americans. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
