Alphabet , through its subsidiary Google, has just offered the crypto industry a dream support for the young industry which has redoubled its efforts in recent months to push for its adoption by the masses. Google now accepts cryptocurrency payments for its cloud computing services. Google Cloud will allow companies, developers of web3 projects to pay with a basket of digital currencies offered by Coinbase via its Coinbase Commerce service. Read More...
Motley Fool
Why Netflix Stock Dropped Today
Shares of streaming powerhouse Netflix (NASDAQ: NFLX) got pummeled in afternoon trading Tuesday, falling 5.3% on a one-two-three punch of bad news from Wall Street. In rapid succession, Netflix suffered a price target cut, a negative preview of its third-quarter earnings report, and a scathing criticism of the company’s plan to add an ad-supported tier to its streaming service. Tic-tac-toe, three in a row, it’s nothing but bad news for Netflix today, beginning with StreetInsider reporting that Goldman Sachs has trimmed its price target on the streaming stock to $182 — and maintains a sell rating on the shares.