Morning Minute: NFLX Upgrade, MU Earnings on Deck, Anthropic IPO #shorts
Show transcript
Here are three things to watch ahead of Tuesday's open. Netflix shares are higher in premarket trading after being upgraded to buy from hold at Deutsche Bank. [music] The firm believes the market is overlooking the company's large total addressable market beyond the US and its healthier international engagement trends. Micron shares are higher in premarket trading ahead of the company's earnings report after the close on Wednesday. JPMorgan sees a constructive setup for shares with multiple beaten raise levers still in play and the firm keeps an overweight rating on Micron with a 1540 price target. According to Reuters, Anthropic dedicated over a third of its upcoming IPO prospectus to laying out the potential risks of all the AI technology it is developing. The company also reportedly plans to spend 518 billion on cloud and infrastructure obligations over the next few years. Be sure to download the Schwab Network app and watch 24/7 on schwabnetwork.com. >> [music]


