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Netflix heads for worst day in two decades as investors hit 'not for me'
- Brokerage JP Morgan made the most aggressive move by halving its price target to $305 - well below the stock's median Wall Street target of $400.

Goldman Sachs, Citi, 8 others make the cut for LIC share sale mandate
- Others who will handle India’s largest-ever initial public offering are Bank of America, Nomura, Axis Capital, JM Financial, ICICI Securities.

JP Morgan to finance breakaway Super League
A spokesman for JP Morgan said in an email that its involvement with the new league which has been set up as a rival to UEFA's Champions League and includes clubs such as Real Madrid and Manchester United.

US poised to beat China’s V-shaped recovery: Report
The alignment of US fiscal stimulus and rebound from Covid-19 in Europe will help bring a 7.6% surge in world GDP around mid-year, they said.