Wall Street Breakfast Netflix lights up Christmas with NFL ratings win
Dec 27, 2024
Netflix shines with record ratings for Christmas NFL games, showcasing its impact on viewer engagement. Quantum computing stock Rigetti is on the rise, reflecting a year-end surge. Meanwhile, mortgage rates climb for the second consecutive week. The podcast also highlights notable investment trends and the outlook for 2025, with insights on big stock movers and dividend picks.
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Netflix's NFL Christmas Success
- Netflix's Christmas Day NFL games drew impressive viewership, exceeding expectations.
- The games set streaming records and dominated social media, indicating a successful venture into live sports.
Quantum Computing Stock Surge
- Quantum computing stocks, including Rigetti, D-Wave, and IonQ, experienced significant gains in late 2024.
- Rigetti's surge, while substantial, requires investor patience, according to Seeking Alpha analyst Joseph Parrish.
Mortgage Rate Hike
- Mortgage rates rose for the second consecutive week, reaching 6.85% for 30-year fixed-rate mortgages.
- This increase follows a prior decline and surpasses the rates from the same period in the previous year.