Citrini’s New Short List: 90 Subscription Stocks at Risk From The ‘Agentic Cancellation Wave’
Citrini's short list targets 90 subscription stocks, from Planet Fitness to Comcast and Sirius XM, as AI agents cancel and renegotiate.
Stocks · News reference
JP Morgan Maintains Overweight on News, Raises Price Target to $38
JP Morgan analyst David Karnovsky maintains News (NASDAQ:NWSA) with a Overweight and raises the price target from $36 to $38.
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Shares of communications services are trading higher after AI executives from firms including Anthropic, OpenAI and SpaceXAI signaled that the industry's growth may have to be slowed, which may limit competition in content creation, advertising sales and other areas. The sector's cash flow from ads and subscription revenue may also be attractive to investors amid elevated bond yields, inflation fears and interest rate expectations.
Reported Earlier: "Maria Bartiromo Out At Fox News, Fox Business" - Variety