Here's what to watch on Friday: August PCE data- which includes the Federal Reserve's preferred inflation indicator will be released. Carnival (CCL) will be reporting its third quarter earnings before the opening bell on Wall Street. Netflix (NFLX) is bringing their DVD service to a close. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
JPMorgan analyst Doug Anmuth cut his December 2024 price target on Netflix (NFLX) to $455 from $505. Anmuth also trimmed his 2024 and 2025 revenue and income estimates for the streaming giant, saying there are “increased concerns that paid sharing is less impactful than expected." Yahoo Finance Live breaks down the report. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
When Roald Dahl published his 1977 fiction The Wonderful Story of Henry Sugar, it was seen as a sly poke at his critics. As played by Ralph Fiennes, the old goat himself opens the excellent new adaptation by Wes Anderson, the first of four Dahl short stories the director is making at slimline length for Netflix. Deeply Andersonian this Dahl is too: a pipe-cleaner figure of strict routine.