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

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

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

Does Netflix crack down on password sharing? What Subscribers Need to Know

Coming soon to Netflix: password sharing fees. Netflix CEO Reed Hastings says password sharing is famous “really wasn’t a problem” in 2016, but now he seems to have changed his mind. According to a 2021 Aura survey, 53% of Americans admit they share login information with people outside their primary household. In fact, Hastings said … Read more

Why did the stock market fall? Dow ends nearly 1,000 points lower in worst day since October 2020

U.S. stocks fell sharply on Friday to suffer their biggest one-day drop since 2020, as investors continued to weigh hawkish comments on interest rates a day earlier by Federal Reserve Chairman Jerome Powell , as well as another batch of corporate earnings that largely disappointed. How did the stocks trade? The Dow Jones Industrial Average … Read more

Does Netflix crack down on password sharing? What Subscribers Need to Know

Coming soon to Netflix: password sharing fees. Netflix CEO Reed Hastings says password sharing is famous “really wasn’t a problem” in 2016, but now he seems to have changed his mind. According to a 2021 Aura survey, 53% of Americans admit they share login information with people outside their primary household. In fact, Hastings said … Read more