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MARKETWATCH FRONT PAGE
U.S. stocks surge Friday as investors turn hopeful about the outcome of a second day of trade talks between the U.S. and China, with President Trump set to meet China’s Vice Premier Liu He later Friday. See full story.
Netflix stock has fallen 30% in 3 months but its valuation is still irrational
These Netflix bears say slowing growth means the stock is worth 57% less than where it now trades. See full story.
For hedge funds, software-as-a-service stocks are the new FAANG
Hedge funds have led a quiet rotation from consumer-facing tech shares into enterprise-software stocks See full story.
Wealthy taxpayers have one big advantage with the IRS (that has nothing to do with Trump’s tax reform)
‘There are a lot of advantages to being rich, and this is one of them.’ See full story.
Activision Blizzard faces corporate culture crisis following gamer suspension
As Activision Blizzard Inc. faces a backlash from the gaming community for siding with China over the Hong Kong protests, one analyst is concerned that internal backlash within Blizzard may be more harmful for the company as a clash of corporate cultures comes to a head. See full story.
MARKETWATCH PERSONAL FINANCE
Also, how to make a lot of money investing in China. See full story.