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

How cats are winning the post-pandemic economy

The cat business is booming, with owners willing to spend on new services and petsitters raising their hands. While the cat has long been considered a low-maintenance pet, the emerging post-pandemic economy is challenging that notion as cat grooming and boarding become more widespread. Cat owners are willing to pay for services ranging from daycare, … Read more

Visa shares rise after earnings as company says inflation and war in Ukraine not hurting spending

Shares of Visa Inc. rose after hours on Tuesday after the payments tech giant easily beat earnings expectations for its latest quarter and gave an optimistic view of the spending landscape. Executives at Visa V, -4.22% applauded the continued recovery in travel spending and noted that the business was resilient to the latest macroeconomic dynamics. … Read more

Visa shares rise after earnings as company says inflation and war in Ukraine not hurting spending

Shares of Visa Inc. rose after hours on Tuesday after the payments tech giant easily beat earnings expectations for its latest quarter and gave an optimistic view of the spending landscape. Executives at Visa V, -4.22% applauded the continued recovery in travel spending and noted that the business was resilient to the latest macroeconomic dynamics. … Read more

Tesla wins ‘strong’, but Wall Street ‘won’t bet’ on latest robotaxi vehicle

Tesla Inc.’s record quarterly profits received praise from Wall Street as the stock soared more than 7% on Thursday and analysts expressed little concern over the ramp-up of the electric vehicle maker’s new factories. . Chief executive Elon Musk was on a conference call with analysts and laid out a timeline for Tesla’s latest vehicle: … Read more

How travel subscriptions could change the industry

Subscription services are expanding to include more and more products; will travel be next on the list? Photo/Pexels Subscriptions have infiltrated almost every consumer sector, from television to tacos. There are even services that help subscribers cancel all their subscriptions. But one industry is particularly lagging behind: travel. That could change. The travel subscription market … Read more

Tesla stock price jumps after record earnings report

You’re here Inc. TSLA 7.97% Shares jumped on Thursday after the electric vehicle maker posted its highest quarterly profit yet. The stock was up 11% at the open, trading at $1,085 a share. Tesla late Wednesday reported record profit of $3.3 billion for the first three months of the year and signaled that vehicle production … Read more

Air transport takes off. The ride will be bumpy.

After two years of lagging profits, airlines are finally gearing up to reap the rewards of a much-needed rebound in travel throughout 2022 as travelers seek to make up for lost time during the pandemic. More than 6.5 million people passed through TSA checkpoints last weekend, about 500,000 less than the 2019 figure. Airline spending, … Read more

Air transport takes off. The ride will be bumpy.

After two years of lagging profits, airlines are finally gearing up to reap the rewards of a much-needed rebound in travel throughout 2022 as travelers seek to make up for lost time during the pandemic. More than 6.5 million people passed through TSA checkpoints last weekend, about 500,000 less than the 2019 figure. Airline spending, … Read more

French growth should slow down more than expected due to the war in Ukraine

AFP, published on Tuesday, April 12, 2022 at 9:02 p.m. French growth is expected to slow more than expected in the first quarter of 2022, to 0.25%, the war in Ukraine already significantly penalizing several industrial sectors, the Banque de France estimated on Tuesday. The French central bank lowered its previous growth forecast which was … Read more