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Netflix co-founder Reed Hastings to exit company, saying it’s so strong it doesn’t need him anymore
The announcement came as Netflix reported first-quarter profits that shattered expectations, which it attributed in large part to faster-than-forecast subscriber growth, a recent price increase and the $2.8 billion breakup fee it received when its deal to acquire...
Tesla, IBM and Intel report earnings next week — here’s the best way to play a volatile market
The stock market isn’t out of the woods yet — despite the rally. Article Attribution | Read More at Article Source
This ‘hidden’ price of oil is at record highs — and it’ll hit your electric bill next
Investors are betting on peace — but they’re not looking at the whole picture. Article Attribution | Read More at Article Source
2 expensive mistakes most retirees make — and how to avoid them
“We call them ‘King Tut’ subjects — they’re buried with their gold.” Article Attribution | Read More at Article Source
Intel’s stock has been ‘absolutely on fire.’ Now it needs to deliver on the hype.
The chip maker’s stock has surged on good news, but one analyst is still worried about the company’s fundamentals. Article Attribution | Read More at Article Source
You’re feeling the pinch at the gas pump. Wait until the electric bill comes.
While futures markets bet on peace, the ‘hidden’ price of physical oil has hit record highs — and it’ll hit your utility bill next. Article Attribution | Read More at Article Source
Elon Musk was pushed out at PayPal. Now he’s launching a rival that could ‘disrupt’ it.
Musk has a broader reach than PayPal, analysts say, and his X Money is offering a high 6% interest rate to attract users. Article Attribution | Read More at Article Source
Here’s who walked away with $32 billion in refunds from Trump’s tax cuts this tax season
Many homeowners in Democratic-leaning states got hefty tax refunds. Article Attribution | Read More at Article Source
IEA chief warns that Europe will run out of jet fuel in six weeks. Two carriers just cut flights from their schedules.
Lufthansa and KLM have both announced flight cuts for the summer season Article Attribution | Read More at Article Source
People are actively managing their money more than ever, Charles Schwab says
Charles Schwab’s stock was leading the S&P 500’s decliners Thursday. Revenue rose to a quarterly record amid record trading activity, but missed expectations. Article Attribution | Read More at Article Source
Why this market rally still has room to run — until these two signals flash
Nomura strategist Charlie McElligott says there’s no reason to abandon this market chase higher, but there may soon be. Article Attribution | Read More at Article Source
With the largest industrial IPO since 1999, this air-quality giant is going public
Madison Air raises $2.2 billion in the largest IPO this year, and the largest from the industrial sector since 1999. Article Attribution | Read More at Article Source