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Netflix stock may have lost its plot, but its basic story remains intact. It trades at a forward P/E ratio of 18.9x, near the bottom of the 2022 bear market (less than 15x), but the stock is cheaper while the underlying business has improved.highlightsValuation: 18.9x future earnings, less than 15x at 2022 bottom. Advertising growth: expected to be around $3 billion this year, potentially expanding to $10 billion by 2030. Optional settings: Stance still return of more than 1.5% in 25 days (more than 20% annualized) with strangles covered with defined risk.Investment casewhen Netflix Value investors haven’t quite arrived, as…

South Korea’s Finance Minister Koo Yun-chul said on Tuesday that his country would try to reach a mutually beneficial trade deal with the United States. Bloomberg | Bloomberg | Getty ImagesSouth Korea’s finance minister apologized on Wednesday after retail investors piled up huge losses on leveraged bets on stocks following rule changes earlier this year. According to KB Financial Group, with the introduction of single-stock leveraged exchange-traded funds (ETFs) on May 27, Korean individual investors recorded net purchases of 14 trillion won ($9.7 billion), compared with about 2 trillion won from foreign investors.But the speculative trading boom that has fueled…

From lively street courts to packed arenas, basketball is growing in popularity and becoming big business across Africa. In 2021, the NBA debuted the Basketball Africa League (BAL), the first professional league outside of North America. It is currently selling the team to private investors through a multi-million dollar bidding process. NBA Africa says BAL has contributed more than $250 million to the African economy since its inception and created approximately 37,000 jobs. By 2034, that amount will rise to $5.4 billion, creating more than 650,000 new jobs over the next 10 years. BAL, now in its sixth season, will…

Although not exactly on the level of Harry Parker or Annie James, Lindsay Lohan may be feeling like her 3-year-old son Luai is minus the switcheroo as he grows from a baby to a toddler already. “Every day is such a beautiful new milestone and just seeing the world through his magical eyes is incredible,” the Parent Trap star told E! News from an exclusive interview. “That’s priceless.”Earlier this month, Lindsay and her husband Vader Shammas celebrated Luai’s third birthday with a superhero-themed party. “He loves Spider-Man. He really does,” the actress continued. “Him and the Captain, he calls him…

FIFA president Gianni Infantino has set a deadline of September 19 for the 211 member federations to accept a one-off offer of $20 million as part of a project to sell stakes in the World Cup to private investors.The $20 billion FIFA subsidiary financed by Jared Kushner’s brother has been denounced by the international soccer body. European football’s governing body, UEFA, aims to convene its 55 member federations into an emergency online meeting, possibly on Thursday.Recommended stories list of 4 itemsend of listThe effort is also Infantino’s latest effort to align himself with those in President Donald Trump’s orbit. He…

An array of Bitcoin mining units inside a container at the CleanSpark facility in College Park, Georgia, on April 22, 2022.Ilya Nouberge | Bloomberg | Getty ImagesMonday’s top gainers included some crypto stocks as the broader market sold off and capital moved away from chip and AI infrastructure names. bitmine immersion Ether accumulators surged 11% to lead the group after increasing their holdings of the cryptocurrency worth nearly $19.4 million at current prices by nearly 10,000 coins, according to Monday’s update. Fellow ETH Financial Company sharp link gaming It increased by 6%.Bitcoin Treasury Pioneer strategy It gained 7% after increasing…

Weeks before its expected acquisition by SpaceX closes, AI coding startup Cursor is making its biggest foray into India yet, launching its first country subscription as the company bets on one of the world’s largest developer markets to power its next phase of growth. On Monday, the startup introduced Cursor Start, a ₹649 (about $7) monthly subscription built specifically for India. The price is well below Cursor’s standard $20/month Pro subscription. The move reflects India’s growing importance to Cursol’s business. The company says India is already its third-largest market in the world and home to the highest concentration of power…

Apple CEO Tim Cook and incoming CEO John Ternus attend the annual Allen & Company Sun Valley Media & Technology Conference at Sun Valley Resort in Sun Valley, Idaho, July 9, 2026.Brendan McDiarmid | ReutersTim Cook’s final financial report is apple The CEO takes over the same week the iPhone maker surpasses $5 trillion in market capitalization. Nvidia As the world’s most valuable company. But there’s no time to celebrate. Even though the stock has been trading at record prices this year, up 25%, outpacing its mega-cap peers, Apple has been forced to raise prices on its devices in light…

Saudi Arabia has spent five months keeping communication channels open with Iran and avoiding getting drawn into a regional conflict, even as Iranian drones have targeted the country’s oil industry. Currently, Iran appears to be boxed in, facing a three-pronged enemy: Iran and its proxies, Iraq and Yemen. In the past week, Saudi Arabia has faced missile attacks by the Iranian-backed Houthis in Yemen, drone attacks by pro-Iranian militias in Iraq, and new threats from the Iranian government. Early Tuesday morning local time, it became clear that restraint was no longer an option, as fighter jets and U.S. military aircraft…

Federal Reserve Chairman Kevin Warsh testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing entitled “Semiannual Monetary Policy Report to Congress” at the Dirksen Building on July 15, 2026.Tom Williams | Cq-roll Call Inc. | Getty ImagesJune’s Federal Open Market Committee meeting ended with a very brief statement from the Fed, with Chairman Kevin Warsh offering no outlook on the outlook for interest rates. He is likely to continue his tight-lipped approach this week, with traders on Kalsi pointing to possible words from the recently installed central bank leader.According to the event contract, which asks what Mr. Warsh…