Netflix’s Ad-Tier, the Fed’s Fourth Rate Hike, and the Trading Day Ahead. 11/03/22
Netflix launches its ad-tier today as the streaming wars continue. Big Technology’s Alex Kantrowitz explains what this means for the company. Plus, investors are still digesting the Federal Reserve’s fourth straight 75 basis point rate hike and Fed Chairman Jay Powell’s promise to keep his foot on the gas. Federated Investors’ Linda Bakhshian discusses the implications on the markets. And, what’s in store for the trading day ahead? Hennessy Funds’ Josh Wein and CFRA’s Sam Stovall weigh in.
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