A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell signaled a cautious stance on future monetary policy decisions during a speech in Chicago, emphasizing that trade tariffs could add upward pressure to inflation in the short term and complicate the Fed's efforts to stabilize the economy. He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment.
Disney's deal with FuboTV is a game changer for both companies as they seek to defend their moats against Netflix, Amazon, YouTube TV and Sling TV in a win-win.
fuboTV has been on fire lately. In the past six months alone, the company’s stock price has rocketed 135%, reaching $3.34 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
FuboTV partners with Rangers Sports Network to stream Texas Rangers games on its sports-centric live TV platform. This strengthens its position as the go-to platform for local sports and offers other entertainment options.
Stocks under $10 pique our interest because they have room to grow (as well as the most affordable option contract premiums).
That doesn’t mean they’re bargains though, and we urge investors to be careful as many have risky business models.
