"Unfortunately, Iran reportedly rejected U.S. talks and a proposed 45-day ceasefire after its key petrochemical plant at the South Pars Gas Field was hit. It's also being reported that Iran's Revolutionary Guard intelligence chief was killed."
""As the conflict with Iran enters its sixth week, persistent concern about the time it will take to arrive at an effective resolution to the conflict will, however, likely remain for now as a negative overhang for market participants to navigate," said John Stoltzfus, chief investment strategist at Oppenheimer Asset Management."
"According to Goldman Sachs, Netflix (NASDAQ: NFLX) could push higher after raising its subscription prices. The firm upgraded NFLX to a buy with a price target of $120."
""Ahead of its Q1 2026 earnings report, we preview current industry data and highlight trends in third party data and NFLX'S content slate. In addition, we upgrade the shares from Neutral to Buy while adjusting our 12-month price target to $120 as we see a more positive risk/reward from current levels.""
Futures are mixed as reports indicate Iran rejected U.S. ceasefire talks, causing market uncertainty. The S&P 500 is slightly up, while the Dow is down. Oil and gold prices have decreased, while Bitcoin has risen. Concerns about the ongoing conflict with Iran persist, affecting market sentiment. Goldman Sachs upgraded Netflix to a buy, raising its price target to $120 after the company increased subscription prices and invested in new content types. This upgrade reflects a more favorable risk/reward outlook for Netflix shares.
Read at 24/7 Wall St.
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