David A. Hyman, Netflix Inc.’s (NASDAQ:) Chief Legal Officer, recently sold shares of the company, according to a Form 4 filing with the Securities and Exchange Commission. On November 5, Hyman sold 267 shares of Netflix common stock at an average price of $765.67 per share, totaling approximately $204,434. Additionally, the filing revealed that on November 4, Hyman acquired 543 shares through the vesting of restricted stock units (RSUs), which were settled in shares of Netflix common stock on a one-for-one basis. On the same day, 276 shares were withheld to cover tax obligations related to the RSU vesting, valued…
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In an aerial view, shipping containers at the Port of Oakland on July 21, 2022 in Oakland, California.Justin Sullivan | Getty ImagesRetailers and manufacturing companies have been increasingly calling logistics partners, both in the days leading up to presidential election and on Election Night, about “front loading” shipments ahead of any changes in tariff policy to be pursued by President-elect Donald Trump, who campaigned on an aggressive expansion of existing U.S. tariffs on cross-border trade.Trump has vowed across-the-board tariffs of 10% to 20% on all imports arriving into the United States and a 60%-100% tariff on Chinese imports.”This is 2018…
China’s pursuit of a “low-altitude economy” is driving significant advancements in Advanced Air Mobility (AAM). This initiative, encompassing manned and unmanned operations below 1,000 meters, has attracted international players like Manta Aircraft. The Italian company, in collaboration with Shenyang Aviation Industries Group and Baoding Kaiborui Technology, is poised to introduce its hybrid-electric ANN Plus air taxi to the Chinese and South Asian markets. This partnership aims to accelerate the development, production, and certification of two full-scale ANN Plus VTOL prototypes by the Civil Aviation Administration of China (CAAC). China’s Low Altitude Economy Drives Air Mobility Innovation with Manta Aircraft Partnership…
Stellantis is reviving a classic muscle car for the 2024 SEMA Show, and it’s not what you’d expect. The Detroit automaker is electrifying a 1967 Plymouth GTX, a legendary car from the golden age of American muscle. Restored to its former glory by Stellantis’s OEM experts, this iconic vehicle will now be powered by an electric motor. While this groundbreaking move might not be well-received by all attendees at the SEMA Show, it undoubtedly showcases Stellantis’s commitment to innovation and sustainability in the automotive industry. Stellantis Electrifies 1967 Plymouth GTX Muscle Car at SEMA 2024 (Mopar) Mopar is bringing the…
Eli Lilly stock has fallen in the days following the release of its latest earnings numbers. If you’re investing in a stock with a high valuation, you know that expectations are going to be high when it’s time for the company to report earnings. Any miss compared to analyst estimates or underwhelming guidance can quickly lead to a sell-off, analyst downgrades, and a much different outlook for the stock as a whole. Healthcare giant Eli Lilly (LLY -3.68%) has been trading at an inflated valuation for some time thanks to excitement around its diabetes and weight loss treatments, Mounjaro and…
Analysts predict these stocks can benefit from Trump’s proposed policies. Source link
By Colleen Howe BEIJING (Reuters) – Oil prices edged up on Thursday following a sell-off triggered by the U.S. presidential election, as risks to oil supply from a Trump presidency and a hurricane building in the Gulf Coast outweighed a stronger U.S. dollar and higher inventories. futures rose 26 cents, or 0.35%, to $75.18 per barrel by 0125 GMT. U.S. West Texas Intermediate (WTI) crude gained 16 cents or 0.22% to $71.85. Concerns around a Trump presidency squeezing oil supply from Iran and Venezuela as well as an approaching storm “more than offset the post-election impact of a stronger U.S.…
If you’re investing in a stock with a high valuation, you know that expectations are going to be high when it’s time for the company to report earnings. Any miss compared to analyst estimates or underwhelming guidance can quickly lead to a sell-off, analyst downgrades, and a much different outlook for the stock as a whole. Healthcare giant Eli Lilly (NYSE: LLY) has been trading at an inflated valuation for some time thanks to excitement around its diabetes and weight loss treatments, Mounjaro and Zepbound. Unfortunately, for shareholders of the company, it failed to meet expectations in its most recent…
Vossen, a Miami wheel manufacturer, is known for transforming vehicles, and this time, a Land Rover Range Rover got a stylish makeover with American muscle. While Land Rover focuses on electrifying its flagship SUV, this Range Rover proves internal combustion can still turn heads. The customized Range Rover boasts a sleek, almost dark blue, Satin Black finish that appears to sit lower thanks to a set of Vossen’s forged Series 17 wheels. These wheels, starting at $2,000 each, range from 19 to 26 inches and come in various widths. With 48 finishes available, the Dark Smoke option complements the Range…
Cadillac, the luxury arm of General Motors, is set to electrify its performance lineup with the upcoming 2026 Lyriq-V, the first all-electric vehicle to wear the prestigious V-Series badge. This move signifies a significant shift for the brand, as it embraces the future of electric mobility while staying true to its performance heritage. While General Motors is streamlining its conventional lineup by discontinuing models like the Chevrolet Camaro and Malibu, it’s simultaneously investing in exciting new vehicles. The upcoming C8 Corvette ZR1 hypercar, with its mind-boggling power and speed, is a testament to the automaker’s commitment to performance. Cadillac’s 2026…