Netflix shares soared on Wednesday after Atlantic Equities upgraded the stock from Neutral to Overweight, citing upside potential in its upcoming ad-supported tier.
The company might have massive debt, but its valuable content library is up to the task of paying it down.
In the run-up to The Merge, some investors focused on Polygon (CRYPTO: MATIC) as a potential beneficiary of the major technological upgrade Ethereum (CRYPTO: ETH) was about to undergo. After all, Polygon is generally considered to be the premier Layer 2 scaling solution for Ethereum, so it made sense that Polygon would benefit from The Merge as well. There was a brief spike over the summer when Polygon tokens tripled in price from $0.30 to $1, but they now seem to have settled into a trading range around $0.75.