Earnings preview: Is Disney+ in for a wake-up call like Netflix?

Is the Walt Disney Co. headed for a subscriber miss, like its biggest streaming rival? disney SAY, -3.00% has ferociously eaten into rival Netflix Inc.’s NFLX, -4.35% subscriber base since launching Disney+ in November 2019, climbing to 129.8 million subscribers. That is more than half of Netflix’s total of 219.6 million, which declined by 200,000 … Read more

Facebook’s earnings overrun lifts Meta stock, but sales see slowest growth in a decade

Meta Platforms Inc. is the latest tech giant to feel an economic pinch, as Facebook’s parent company reported its slowest sales growth in a decade on Wednesday and issued a lukewarm revenue forecast. “Revenue headwinds” will likely lead to a slowdown in investment, Meta chief executive Mark Zuckerberg said in a statement. webcast presentation with … Read more

Spotify stock falls to lowest prices ever as CEO insists it’s not like Netflix

Shares of Spotify Technology SA plunged to their lowest prices on record on Wednesday as subscriber gains continue to slow faster than analysts expected, but the streaming music service’s chief executive insists that its current issues are nothing like Netflix Inc. Spotify PLACE, -12.44% added 1 million fewer subscribers in the first quarter than analysts … Read more

Teladoc stock plunges more than 30% after earnings outlook cut and massive impairment charge

Shares of Teladoc Health Inc. were slammed in after-hours trading on Wednesday after the telemedicine company took an impairment charge of more than $6.5 billion and cut its full-year outlook . Teladoc TDOC, -3.08% executives now expect full-year revenue of $2.4 billion to $2.5 billion, as well as adjusted earnings of $240 million to $265 … Read more

Facebook earnings overtake drives Meta stock up, but sales see slowest growth in a decade

Meta Platforms Inc. is the latest tech giant to feel an economic pinch, as Facebook’s parent company reported its slowest sales growth in a decade on Wednesday and issued a lukewarm revenue forecast. “Revenue headwinds” will likely lead to a slowdown in investment, Meta chief executive Mark Zuckerberg said in a statement. webcast presentation with … Read more

Opinion: Google’s revenue should be a wake-up call to investors in Facebook and other online ad companies

Google’s shortfall is an indication of problems in the online advertising industry and should scare off investors from Facebook and other competitors. Google’s parent company, Alphabet Inc. GOOGL, -3.59% GOOG, -3.04% announced first-quarter results on Tuesday were slightly below Wall Street estimates, with revenues at Google and YouTube both hit by the war in Ukraine … Read more

Opinion: Google’s revenue should be a wake-up call to investors in Facebook and other online ad companies

Google’s shortfall is an indication of problems in the online advertising industry and should scare off investors from Facebook and other competitors. Google’s parent company, Alphabet Inc. GOOGL, -3.59% GOOG, -3.04% announced first-quarter results on Tuesday were slightly below Wall Street estimates, with revenues at Google and YouTube both hit by the war in Ukraine … Read more

A secular bear market is here, says this fund manager. These are the key steps investors need to take now.

Tuesday’s rally looks wobbly as stock futures slide ahead of big Microsoft earnings MSFT and Alphabet GOOGL, after market close. These results could provide a new catalyst for market direction after Monday’s mega turnaround that some don’t trust. Also suspicious these days, the Chief Investment Officer of RTM Capital Advisors, Mark Ritchie IIwho sees a … Read more

Dow stages biggest intraday reversal since February as investors dismiss concerns over China’s COVID-19 lockdowns

Dow industrials staged their biggest intraday rally in two months on Monday, while the S&P 500 and Nasdaq Composite each posted their biggest gains in nearly a week as investors shrugged off early weakness linked to the extended COVID-19 lockdowns in China. Meanwhile, Twitter Inc. TWTR The board has agreed to sell the company to … Read more

‘A recession over the next 12 months is not in our base case’: Stocks were battered on Friday. Why smart investors focus on the long game

The stock market ended a volatile week on a gloomy note on Friday, with the three major American indices plunge as investors fretted over concerns such as inflation, the Fed’s fight against it and fears of a recession hard landing. As confidence also took a hit, financial experts advised investors not to panic, but instead … Read more