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Sirius XM Is 'Recession-Resistant Port In Tariff Storm': Analyst
Wednesday, April 9, 2025 - 10:46am | 311Sirius XM Holdings Inc (NASDAQ:SIRI) has a stable business model that is based on recurring subscription revenues, which makes it a "recession-resistant port in the tariff storm," according to Seaport Research Partners The Sirius XM Holdings Analyst: Analyst David Joyce upgraded the rating from...
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Netflix Gets Boost Ahead Of Q4 Earnings, Analyst Forecasts Net Member Adds Up 57%
Thursday, January 16, 2025 - 12:03pm | 334Shares of Netflix Inc (NASDAQ:NFLX) were climbing on Thursday, with optimism ahead of its fourth-quarter results on Jan. 21. The estimate for the company's global paid net additions has been raised from 5.73 million to 9.02 million, according to Seaport Research Partners. The Netflix Analyst:...
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Comcast Shares Tank 7% Since Monday: Market Reaction To Q4 Subscriber Loss Guidance Is 'Overdone,' Says Bullish Analyst
Thursday, December 12, 2024 - 1:34pm | 332Comcast Corp (NASDAQ:CMCSA) plans to spin off its cable networks into a new company. The stock declined by 9% since Monday after management guided to "a marginal competitively driven increase in Broadband subscriber losses" and the shares are currently "oversold," according to Seaport Research...
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Fox Is The Winner In Biden, Trump Rematch: 'TV Stations Garner Bulk Of Political Ad Spending,' Analyst Says
Friday, April 5, 2024 - 11:46am | 376Shares of Fox Corp (NASDAQ: FOXA) have added more than 8% over the past month as U.S. presidential election campaigns gain momentum. Although primaries ad spending remained soft, the 2024 presidential election ad spending could hit a new record, according to Seaport Research Partners. President Joe...
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FuboTV's Strategic Cost-Cutting Fuels Optimism: 'Laser-Focus' On Efficiency Spurs Analyst Upgrade
Monday, March 4, 2024 - 12:38pm | 339Shares of FuboTV Inc (NYSE: FUBO) rose in early trading on Monday, after the company reported its fourth-quarter results. The company is executing well with cost-cutting to conserve cash, so that it may reiterate the 2025 guidance of positive free cash flows, according to Seaport Research Partners...
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Netflix Analyst Drops Bullish Stance, Says Stock Is 'Priced For Perfection'
Tuesday, January 30, 2024 - 11:49am | 454Shares of Netflix Inc (NASDAQ: NFLX) were trading lower on Tuesday, after climbing through most of January and 2023 despite various challenges. The stock seems to be “priced for perfection,” reflecting much of the implied advertising opportunity, according to Seaport Research Partners....
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Cathie Wood's Key Portfolio Stock Surges Over 2% Premarket: What's Going On?
Friday, January 19, 2024 - 7:07am | 519Shares of streaming devices manufacturer Roku, Inc. (NASDAQ:ROKU) rose in premarket trading on Friday following a positive analyst action. What Happened: Analyst David Joyce of Seaport Research upgraded shares of Roku from Sell to Neutral. “While our tactical downgrade last month was more of...
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Roku Analyst Turns Bearish, Believes This Revenue Growth Driver Is 'Less Economic'
Monday, December 18, 2023 - 11:57am | 389Shares of Roku Inc (NASDAQ: ROKU) were trending lower in early trading on Monday. The company has been facing headwinds in advertising growth, with streaming giants Disney+ (NYSE: DIS) and Netflix (NASDAQ: NFLX) launching ad tiers and from a broader spending pullback in media and entertainment,...
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Congressman Dave Joyce Files Cannabis Reclassification Bill Allowing Interstate Commerce, Tax Relief & More
Thursday, December 7, 2023 - 9:04pm | 495In a significant development, Rep. Dave Joyce (R-OH) has reintroduced the Strengthening the Tenth Amendment Through Entrusting States (STATES) 2.0 Act, signaling a renewed effort to end federal marijuana prohibition in states where it is legal. The revised bill, co-sponsored by Rep. Lori...
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Trump Revenge Tour Could Be Coming If Victorious In 2024 Election: How Republican Congress Members Are Preparing For Return Of 'Orange Jesus'
Monday, December 4, 2023 - 6:35pm | 881Former President Donald Trump is the front-runner to win the Republican nomination in the 2024 presidential election. With Trump the likely winner of the party's nomination and one of the favorites to be elected president in the 2024 election, Republicans are beginning to position themselves for...
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DOJ Put On Notice: Maine's Top Lawmakers Demand Swift Action On Chinese Illegal Pot Operations
Friday, August 25, 2023 - 12:40pm | 728Maine's Congressional Delegation is calling on the Department of Justice to put an end to the presence of foreign-owned and unlawfully operated marijuana businesses statewide, reported WABI. In a letter sent on Wednesday, Congress members Jared Golden, Chellie Pingree and Sens. Angus S. King,...
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SiriusXM Analysts Turn Bearish As Short Squeeze Grips Stock
Friday, July 21, 2023 - 12:22pm | 522SiriusXM Holdings Inc (NASDAQ:SIRI) became the focus of meme stock investors, experiencing a nearly 66% surge in share prices due to a short squeeze. However, the stock later retreated following analyst downgrades. Here's what investors need to know. What Happened: On Thursday, SiriusXM shares...
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Rep. Dave Joyce's Proposal For Federal Study On Marijuana Regulations Rejected By House Committee
Thursday, July 13, 2023 - 10:45pm | 516In a blow to efforts aimed at preparing for the potential federal legalization of cannabis, a Republican-controlled House committee has rejected a proposal to request a comprehensive study on state marijuana regulatory models. Representative Dave Joyce (R-OH) introduced the amendment during a House...
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Congress Tackles Medical Marijuana For Veterans: GOP-Led Bill Will Open Doors To Research
Tuesday, May 30, 2023 - 10:34am | 529Members of Congress are set to consider a measure that would streamline research into medical cannabis use for military veterans, reported Marijuana Moment. The Veterans Cannabis Analysis, Research and Effectiveness (CARE) Act was reintroduced last week by Rep. Mariannette Miller-Meeks (R...
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Missouri Lawmakers Create Pathway For Cannabis Banking Access Amid Federal Talks On SAFE Act
Monday, May 15, 2023 - 8:52am | 495A measure that would streamline access to banking for cannabis businesses in Missouri got the green light from House members last week, reported Missouri Independent. The legislation under which marijuana businesses would be allowed to execute a waiver authorizing state agencies to share their...