Tag Archives: analyst

Shares of AMC and other theater chains popped after Disney said its film production schedule is heating up. But the shrinking exclusivity window for new releases means the industry is in “secular decline,” says one veteran media analyst.  Disney, along with its earnings, announced that two films, “Free Guy” and “Shang-Chi and the Legend of the Ten Rings,” will play only in theaters for 45 days before being available to stream. “Black Widow” and “Jungle Cruise” will have a simultaneous… Source link

Disney (DIS) shares tumbled on Friday after reporting disappointing fiscal second-quarter results, with revenue and new Disney+ subscribers coming up short and the company’s theme parks business posting a fourth straight quarterly loss.  Shares of the Dow-component were down as much as 5.4% at session lows Friday morning, which would represent the stock’s worst day since June 2020.  “Disney’s in the middle of a recovery. I think what you’re seeing in terms of the stock performance is,… Source link

TipRanks Buy These 2 New Stocks Before They Jump Over 80%, Says JPMorgan In the past week, investors have had to cope with multiple conflicting signals from the markets. The April jobs report, which was expected to show almost 1 million new positions for the month, showed only 266,000. The official unemployment number ticked upward slightly to 6.1%, and hourly wages also gained – by 0.7%. That last would seem to be a positive – except that, combined with the massive government stimulus… Source link

Back in January, when the world’s second-largest cryptocurrency by market cap, ethereum, was trading at just over $1,200, one investor made the bold call of predicting a spike to the mid-$3,000 level, claiming it was being “overlooked” by investors. Just under five months later, that prediction has already hit with ethereum (ETH-USD) up roughly 400% on the year to cross the $3,500 mark as of Friday afternoon. Now, that same investor, Megan Kaspar, co-founder of the digital asset investment… Source link

Perhaps the most appropriate reaction to the miserable jobs report Friday was “Oh,” tweeted by Pantheon economist Ian Shepherdson. As the U.S. economy has shown signs of ramping up, consensus expectations for the April jobs numbers were high. But instead of the 1,000,000 new payrolls expected, only 266,000 new jobs were posted. A whopping miss. Now, the unemployment rate is 6.1% instead of the expected 6.0%, and last month’s jobs numbers were revised downwards as well, to 770,000 from… Source link

TipRanks Buy These 2 New Stocks Before They Jump Over 60%, Says Goldman Sachs The S&P 500 is showing a 6-month gain of 24%. Stocks generally have been gainers as the coronavirus crisis recedes, economies reopen, and the Federal Reserve remains committed to low-rate regime. In this environment, it’s no wonder that many companies are considering going public through an IPO. The high-return environment we’re experiencing right now makes the IPO attractive as a way to not just raise capital… Source link

Netflix’s (NFLX) striking miss on first-quarter subscriber additions vindicated some analysts’ views that the future growth prospects for the company would start to dwindle once users started going out again after the COVID-19 pandemic. While others remain bullish on the streaming giant. “Netflix, they’re in a damned if you do, damned if you don’t situation. Investors are now demanding cash flow. They burned through tens of billions of dollars building the platform,” David Trainer, chief… Source link

Tesla’s (TSLA) record-setting share price rally in 2020 coincided with what may have been an all-time high in the company’s share of the U.S. electric-vehicle market, according to at least one analyst.  “In the U.S., [Tesla has] more than quadrupled their market share in the U.S. electric vehicle market over the last five years,” Garrett Nelson, CFRA analyst, told Yahoo Finance Live on Monday. “But we think their market share is probably pretty close to a peak in 2020.”  “They just haven’t… Source link

Amazon’s founder Jeff Bezos acknowledged Thursday that his new annual letter to shareholders would be his last as CEO. But that reiteration has done nothing to shake Wall Street’s confidence in the e-commerce behemoth’s future financials, although the leadership change is being very closely watched for potential stumbles.   “Well, I think Bezos probably goes down as the best entrepreneur of this generation in a way like Steve Jobs was and Bills Gates was. We’ll see about the next generation…. Source link

Crypto exchange Coinbase (COIN) set records Wednesday with the largest-ever direct listing as the company saw its valuation nearly hit $100 billion as shares opened for trading on the Nasdaq at $381. But one analyst tells Yahoo Finance shares could still have about 60% to climb to hit $600. MoffettNathanson analyst Lisa Ellis explained her thesis on Yahoo Finance Live shortly before Coinbase shares began trading, calling the stock a “must-own” for any longer term growth investor.  “We are… Source link