‘We don’t see a recession’

‘We don’t see a recession’

P&G CEO Jon Moeller sees robust business conditions despite the ongoing economic slowdown. “Strong core business. Very strong topline growth, organic sales up 7%, growth in ten out of ten categories in almost every market,” Moeller told Yahoo Finance Live (video above). “And we’re dealing with the significant headwinds from the combination of commodities, foreign exchange, transportation, and warehousing.” Asked about price increases, Moeller said: “The consumer is resilient.” Asked about his… Source link

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Netflix is ‘doing everything from a position of strength now,’ analyst says

Netflix is ‘doing everything from a position of strength now,’ analyst says

Netflix (NFLX) is showing signs of a comeback, at least according to one bullish analyst. “I think it’s back to growth,” Santosh Rao, Manhattan Venture Partners head of research, told Yahoo Finance Live (video above). “It’s doing everything from a position of strength now because the big concern was: Are they rushing into this ad tier model from a position of weakness? Is their whole business model not working?” The company’s third-quarter earnings report showed a beat on both the top and… Source link

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Netflix is ‘doing everything from a position of strength now,’ analyst says

Netflix is ‘doing everything from a position of strength now,’ analyst says

Netflix (NFLX) is showing signs of a comeback, at least according to one bullish analyst. “I think it’s back to growth,” Santosh Rao, Manhattan Venture Partners head of research, told Yahoo Finance Live (video above). “It’s doing everything from a position of strength now because the big concern was: Are they rushing into this ad tier model from a position of weakness? Is their whole business model not working?” The company’s third-quarter earnings report showed a beat on both the top and… Source link

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Yahoo All Markets Summit 2022 makes Grand Return

Yahoo All Markets Summit 2022 makes Grand Return

With impressive online views at over 2,400,000+ for the first 4 hours of the Live broadcasting Asia’s Top Leaders Gather to Share the Latest Market Trends of Investment and Technology Michael Tien Puk-sun BBS JP, Member of the Hong Kong Legislative Council and Stan Shih, Acer Group, Co-founder & Honorary Chairman share latest market updates HONG KONG , Oct. 19, 2022 /PRNewswire/ — Yahoo Finance, the world’s leading financial information platform, successfully launched the first “Yahoo Finance… Source link

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Yahoo All Markets Summit 2022 makes Grand Return

Yahoo All Markets Summit 2022 makes Grand Return

With impressive online views at over 2,400,000+ for the first 4 hours of the Live broadcasting Asia’s Top Leaders Gather to Share the Latest Market Trends of Investment and Technology Michael Tien Puk-sun BBS JP, Member of the Hong Kong Legislative Council and Stan Shih, Acer Group, Co-founder & Honorary Chairman share latest market updates HONG KONG , Oct. 19, 2022 /PRNewswire/ — Yahoo Finance, the world’s leading financial information platform, successfully launched the first “Yahoo Finance… Source link

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THE CJ CUP in South Carolina Picks and Strategy

THE CJ CUP in South Carolina Picks and Strategy

THE CJ CUP in South Carolina Ridgeland, South CarolinaCongaree Golf Club – Par 71 – 7,655 yardsField – 78 entrantsPurse – $10.5M The Preview The CJ Cup remains stateside for the third consecutive year despite its Korean affiliation, as Congaree Golf Club now plays host to the limited-field event after also hosting the Palmetto Championship in 2021. This lengthy par-71 layout features extremely wide and firm fairways as the course plays a touch shorter than would appear on paper, making it more… Source link

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Tesla Q3 earnings preview: It’s all about demand

Tesla Q3 earnings preview: It’s all about demand

It will be another big quarter for Tesla (TSLA), and the markets overall, when the EV giant reports Q3 earnings after the bell on Wednesday. Wall Street is expecting Tesla to report: That revenue figure would represent more than a $5 billion jump from Q2, where Tesla experienced COVID-related and operations optimizing shutdowns in Shanghai. Year over year that estimated revenue figure would be a nearly 61% jump from Q3 of 2021. On the profitability end, Tesla is expected to report adjusted net… Source link

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Stock market news live updates: October 19, 2022

Stock market news live updates: October 19, 2022

  U.S. stock futures moved lower in the early trade Wednesday as a two-day rally spurred by the better-than-feared start to earnings season lost steam. Futures tied to the S&P 500 (^GSPC) fell 0.3%, while futures on the Dow Jones Industrial Average (^DJI) ticked down 60 points, or 0.2%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) were off by 0.3%. Netflix (NFLX) was in the spotlight following a big earnings beat Tuesday afternoon that included 2.41 million in new subscribers –… Source link

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‘Deja vu all over again’ for semiconductors as picture worsens: Deutsche Bank

‘Deja vu all over again’ for semiconductors as picture worsens: Deutsche Bank

Semiconductor stocks are down big this year, and Deutsche Bank is warning about more weakness. The bank’s Q3 semiconductor industry preview, titled “Déjà vu all over again,” highlighted “fears of fundamental deterioration leading to very bearish investor positioning,” adding that “we expect 3Q earnings season to yield more pervasive signs of weakness, as the well-known issues in Consumer areas (PCs, Handsets, etc.) will likely spread to at least more forthcoming admissions of uncertainties… Source link

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Paramount CEO doubles down on business model despite ad slowdown

Paramount CEO doubles down on business model despite ad slowdown

Paramount (PARA) CEO Bob Bakish is all in on advertising despite overall Wall Street skepticism. At Yahoo Finance’s All Markets Summit shrugged off concerns about a global slowdown in ad spending amid macroeconomic headwinds. “The two concerns in the Street right now are advertising and streaming profitability,” Bakish said (full interview above). “Advertising is a great business. And we have a fundamentally strong position in it. Our combination of linear reach, particularly with a broadcast… Source link

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