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Iran war developments, PPI data, start of Q1 earnings season will be in focus during the week ahead.
President Trump announced a U.S. Navy blockade of the Strait of Hormuz after failed peace talks.
KEY POINTS
- Netflix abandoned its bid for Warner Bros. Discovery assets, preserving capital for content and buybacks.
- Options market predicts a 6.9% swing in Netflix stock after Q1 earnings release.
- Johnson & Johnson faces a projected Q1 earnings per share decline and bearish technical signals.
COMPANIES
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