Nasdaq Markets

(RTTNews) - Allstate Corp. (ALL) said that it agreed to acquire National General Holdings Corp. (NGHC) for about $4 billion in cash or $34.50 per share.

What happened Shares of Avis Budget Group (NASDAQ: CAR) pulled back through the first six months of the year. The rental car company was one of many travel stocks hammered by the COVID-19 pandemic. Rival Hertz (NYSE: HTZ) was even forced into bankruptcy.

In this episode of Motley Fool Money Independence Special, Chris Hill chats with Nell Minow, vice chair of ValueEdge Advisor and corporate governance expert. Together, they go through the latest business headlines. Nell provides her views on corporate governance, accounting sca

(RTTNews) - The Thai stock market rebounded on Tuesday, one session after it snapped the three-day winning streak in which it had collected almost 45 points or 3.2 percent. The Stock Exchange of Thailand now rests just beneath the 1,375-point plateau although it figures to head

What happened Macy's (NYSE: M) shares fell 60% in the first six months of the year, according to data from S&P Global Market Intelligence, as the company was hit hard by the coronavirus pandemic. The department store chain was forced to sharply cut back on expenses, take on

(RTTNews) - The Indonesia stock market on Tuesday ended the five-day winning streak in which it had collected more than 85 points or 1.7 percent. The Jakarta Composite Index remains just shy of the 4,990-point plateau and it's in line for continued consolidation on Wednesday.

(RTTNews) - The Japanese stock market recovered after a weak start and is edging higher on Wednesday as investors digested mixed local economic data. Worries about the coronavirus pandemic also continued to weigh on sentiment as World Health Organization officials warned that th

(RTTNews) - Mobileye, an Intel Company, and WILLER, a transportation operator in Japan, Taiwan and the Southeast Asian region, have partnered to launch an autonomous robotaxi service in Japan and markets across Southeast Asia, including Taiwan.

(RTTNews) - The Hong Kong stock market on Tuesday snapped the two-day winning streak in which it had skyrocketed more than 1,200 points or 4.8 percent. The Hang Seng Index now rests just above the 25,975-point plateau and it's expected to open in the red again on Wednesday.

(RTTNews) - The Australian stock market is declining on Wednesday after U.S. stocks closed lower overnight on renewed coronavirus concerns as World Health Organization officials warned that the death toll from the pandemic may start to climb again.

(RTTNews) - The China stock market has climbed higher in six straight sessions, accelerating more than 280 points or 9 percent along the way. The Shanghai Composite Index now sits just above the 3,345-point plateau although investors figure to cash in hard on Wednesday.

In contrast to the havoc wreaked by the coronavirus on many parts of the economy, Wall Street will be keen to gauge the extent of its positive impact on Netflix (NFLX) when the streaming giant reports 2Q earnings next Thursday.

No doubt, Netflix has been one of the companies to benefit the most from the pandemic. The stay at home measures, according to market research firm Nielsen, resulted in streaming figures more than doubling during the pandemic’s peak in comparison to the same period last year. Accordingly, Netflix’ market performance has reflected the real-world activity, with shares up by 52% year-to-date.

After Q1’s record breaking subscription numbers, Canaccord analyst Maria Ripps expects Netflix to post another strong report. Along with the secular tailwinds blowing at its back, the 5-star analyst points out the simple reason why she thinks Netflix will keep on outperforming.

“Analysis of our proprietary Netflix content power rankings highlights continued momentum in original content: As subscribers around the world spent more time at home during Q2 due to the pandemic, and amid continued competitive intensity, the importance of Netflix's content slate has arguably gone up. It seemingly delivered, creating a consistent stream of interest and buzz around original titles,” Maria wrote.

You can count the roaring success of Tiger King, crime drama Ozark, dating reality series Too Hot to Handle, and Michael Jordan docuseries the Last Dance among the titles which have kept sofa bound consumers tuned into Netflix. Add to that children content which got a meaningful boost during schools’ closures and a sizeable library of reality TV shows and docuseries, “with the two genres representing over 20% of the top 10 most popular TV series during Q2,” and you get Ripps’ point.

And while others have pointed out the disruption to production schedules wrought by the pandemic will have an impact further down the line, Ripps puts a positive spin on this, too. As Netflix has ownership on one of the biggest content libraries among streaming services, it has an advantage over competitors. Moreover, with various projects in post-production, content hungry users should remain well-fed for the foreseeable future.

Ripps, accordingly, reiterates a Buy on Netflix shares along with a $550 price target. What’s in it for investors? Potential upside of 11.5%. (To watch Ripps’ track record, click here)

All in all, Netflix has a Moderate Buy consensus rating based on 22 Buy ratings, 9 Holds and 4 Sells. However, some analysts feel Netflix has soared enough for now, as the average price target is $470.87, and implies shares will decline 4% from current levels. (See Netflix stock analysis on TipRanks)

To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

In this episode of MarketFoolery, Chris Hill and Motley Fool contributor Dan Kline talk about the latest headlines from Wall Street. They talk about auto sales and Tesla (NASDAQ: TSLA). Also, a popular restaurant made an important announcement, and sports are finding innovative

Image source: The Motley Fool.

Image source: The Motley Fool.

(RTTNews) - The Taiwan stock market on Tuesday ended the five-day winning streak in which it had surged more than 570 points or 5 percent. The Taiwan Stock Exchange now sits just above the 12,090-point plateau and it's tipped to open in the red again on Wednesday.

What happened Inovio Pharmaceuticals (NASDAQ: INO) stock skyrocketed 82.7% in June, according to data from S&P Global Market Intelligence. The S&P 500 returned 2% last month.

(RTTNews) - The Singapore stock market on Tuesday ended the five-day winning streak in which it had summoned more than 110 points or 4.4 percent. The Straits Times Index now rests just above the 2,660-point plateau and it's looking at another soft start on Wednesday.

(RTTNews) - The Malaysia stock market on Tuesday wrote a finish to the six-day winning streak in which it had advanced more than 85 points or 5.6 percent. The Kuala Lumpur Composite Index now rests just above the 1,565-point plateau and it may take further damage on Wednesday.

Livongo Health (NASDAQ: LVGO) was already one of the rock-star stocks of 2020, having gained more than 200% so far this year. Expectations were understandably high as the digital health management company released its preliminary second-quarter results, but the numbers far excee