News Stocks 

Stocks close higher for fourth day as optimism mounts over U.S.-China trade

“The stock market close higher Friday, extending its winning streak to a fourth session, on media reports that stoked hopes for progress in trade talks between the U.S. and China” reports marketwatch.com. Netflix’s earnings report couldn’t fully satisfy investors, but they were good enough to prompt a bevy of bullish analyst calls, with even the most bearish on Wall Street boosting his price target. Source: marketwatch.com

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News Stocks 

A top Apple analyst believes there’s another ‘shoe to drop’ for the stock

“In recent years, however, discontent over this ‘Apple tax’ has been brewing among several major iOS app developers.”” writes unknown author for cnbc.com. The analyst has a market perform rating on Apple shares, which were up slightly before the opening bell on Friday.Apple stock is down more than 13 percent over the past 12 months and down more than 27 percent in the past three. Source: cnbc.com

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News 

Netflix probably won’t answer these 8 questions when it releases earnings today

“Netflix is expected to report earnings per share of 24 cents, down from 41 cents a year ago, according to analysts polled by FactSet” writes Ciara Linnane for marketwatch.com. The FactSet revenue consensus is $4.21 billion, up from $3.29 billion a year ago, and in line with the company’s guidance of $4.199 billion.How many co-productions does the company have and how does it think about them as compared with third-party licensing and full ownership of a production?. Netflix unveiled a 13% to 18% price increase for its U.S. subscribers that…

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News 

Goldman is surging more than 8% after earnings — Here’s what major analysts say to do from here

“Wall Street analysts were largely bullish on Goldman Sachs after the bank’s earnings topped their expectations as stronger investment banking revenue overshadowed struggles in trading that have plagued the whole industry, as well as concerns about the firm’s involvement in the 1MDB scandal” writes Bryan R for cnbc.com. The shares surged 8 percent to their highs of the day as analysts sent their bullish notes to clients. Source: cnbc.com

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Crypto News 

Bitcoin is displaying a ‘lethargic base’ and has yet to find a bottom, says analyst

“Bitcoin prices are trading marginally higher on Wednesday, continuing to oscillate either side of $3,500” writes Aaron Hankin for marketwatch.com. In early morning trading, one bitcoin BTCUSD, +1.39%  was fetching $3,667.69, up 2.1% since Tuesday at 5 p.m.Read: Here’s what to know about a pending ‘hard fork’ in ethereum Other altcoins — digital currencies other than bitcoin — are moving higher on Tuesday too. Source: marketwatch.com

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GBP Markets News 

Gold holds steady ahead of British no-confidence vote

“Gold held steady on Wednesday, supported by a slight retreat in the dollar while gains were capped by a modest recovery in equities, as caution set in ahead of a no-confidence vote on British Prime Minister Theresa May’s government” writes Leonhard Foeger for cnbc.com. Spot gold was unchanged at $1,289.01 per ounce at 1101 GMT, while U.S. gold futures were little changed at $1,288.80 per ounce.”Generally speaking, the impact of Brexit hasn’t been as large on the price of gold as people thought it would be.Gold seems to be finding…

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Netflix price hike could bring near-term muddiness but will likely pay off, analyst says

“Piper Jaffray’s Michael Olson is upbeat about the price hike, noting the company’s stable churn rates” writes Emily Bary for marketwatch.com. Netflix Inc.’s NFLX, +6.41% Tuesday announcement of price hikes for U.S. subscribers could mean for a tempered financial forecast when the company reports results on Thursday, Stifel analyst Scott Devitt wrote. Source: marketwatch.com

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News Stocks 

Amazon, Facebook, and other internet stocks are good buys, analyst says

“Citi Research believes the recent pullback in large-cap internet stocks is a great buying opportunity” writes Tae Kim for marketwatch.com. The firm’s internet analyst Mark May shared his best ideas from his coverage universe on Monday.May noted he has Buy ratings for all four FANG stocks for the first time in six years.May played down recent concerns about Netflix experimenting with lower priced plans in international markets, saying the offerings could boost its subscriber base. Source: marketwatch.com

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