S&P 500 rallies as GM shines on earnings stage to bolster consumer stocks
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General Motors (GM) teams with Netflix (NFLX) to promote EVs on screen
February 2, 2023 10:21 AM ESTGeneral Motors (NYS: GM) announced Thursday that they will be teaming up with Netflix to give electric vehicles (EVs) the stage they deserve.
In 2021, GM launched the Everybody In campaign, demonstrating the companys intent to lead an all-electric future, and invited others to join the movement. Netflix is joining and will increase the presence of EVs in Netflix-produced shows and films, where relevant, while also taking steps to enable more sustainable productions.
Entertainment has a huge... More
Apple Pay has unique advantages but PayPal not yet impacted - Morgan Stanley
February 1, 2023 9:08 AM ESTMorgan Stanley's James Faucette said in a research note on Wednesday that Apple (NASDAQ: AAPL) Pay shouldn't impact PayPal's (NASDAQ: PYPL) growth in the medium term.
Even so, the analyst, who has an Overweight rating and a $136 price target on PayPal, said Apple Pay has unique advantages in tech, demographics, and retention that... More
