Tag Archives: Heres

Warner Bros. Discovery (WBD) is set to report third quarter earnings after the bell on Thursday after the company swung to a $3.42 billion loss in the second quarter amid consolidation challenges. Here’s what Wall Street expects, according to Bloomberg consensus estimates: Revenue: $10.37 billion expected Adj. loss per share: -$0.17 expected Total DTC subscribers: 3.27 million net additions expected Increased restructuring charges, macroeconomic challenges like foreign exchange headwinds, further… Source link

Homebuyers are having a ‘come to Jesus’ moment as mortgage rates now top 7% — here’s when things are expected to get better The rate on America’s most popular home loan has topped 7% for the first time in 20 years as the housing market faces a potentially lengthy slowdown. Rapidly rising mortgage rates have taken a toll on home buying, and forecasts show continued weakness into 2023. Home sales and new listings have hit record lows since the early days of the pandemic, and more than… Source link

There’s a renewed bullish fever in Netflix (NFLX) stock following a better-than-feared third quarter and outlook as well as optimism around a major profit boost from the soon-to-launch ad-supported network. Netflix stock has surged 51% in the past six months, blowing away the 7% drop for the S&P 500. That fiery advance coupled with new fundamental drivers won over Wall Street’s biggest Netflix bear on Wednesday: Pivotal Research Analyst Jeff Wlodarczak. Wlodarczak aggressively hiked his… Source link

I went out for pizza the other night, but had to eat it in my car. That’s because the Frank Pepe’s in Manchester, Connecticut had this sign on its door. “Attention: Dining Room closed after 4 p.m. today due to staffing shortages.” So I ate in my SUV, no problem, (the pizza was fantastic), but it made me think 1) this can’t be good for Frank Pepe’s, and 2) the note on the door is literally a sign of the times. A sign we’re living in a world where supply shortages — employees, oil,… Source link

Here’s how much the average American 60-year-old holds in retirement savings — how does your nest egg compare? Even Americans with only modest retirement funds may be shocked to learn how many people are in desperate straits: as in, they have no nest egg at all. New research by the Federal Reserve shows that an astounding one in four Americans (including the 27% who consider themselves retired) have absolutely nothing saved. And even if you have something tucked away, it may not be enough —… Source link

Google (GOOG, GOOGL) is finally sounding off on its blockbuster $5.4 billion acquisition of cybersecurity firm Mandiant, expressing the extent of the company’s ambitions in the sector. The mega-deal was all about strengthening Google’s capabilities in detecting cyber threats – something Mandiant has become well-known for, said Google Cloud Chief Information Security Officer Phil Venables at a press conference yesterday. “I want to emphasize that this is adding more frontline threat… Source link

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It’s been nearly eight years since Apple first introduced their smartwatch, and now, Google users have a watch of their own. It’s called the Pixel watch, and it’s actually a pretty slick looking device with the power of Fitbit built in. Google unveiled the device at an intimate event in Brooklyn, New York, alongside their new Pixel 7 and Pixel 7 Pro smartphones. I’ll go over the new phones in a bit but first let’s start with the watch. Google Pixel Watch The

The Pixel 6 represented a rebirth for Google. After several generations of trying — and mostly failing — to distinguish itself as a late-comer to the smartphone game, the device finally had a breakout season. Under a new guard, Google’s longstanding attempts to cut corners were out, and the company had finally delivered a premium product at a low price point. Gone are the days that a company can skate by on name recognition alone. Flagship smartphones are consistently good across… Source link

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