Media

The new bull market will be led by the stocks of these three industries.  Tech and the FAANGs will fall by the wayside

The new bull market will be led by the stocks of these three industries. Tech and the FAANGs will fall by the wayside

We do not yet know if the recent rally triggers a new bull market in equities. But here’s a sure bet: once the new bull market is here, entirely different groups will lead. It will be with the old – think of the FAANGs – and with the new. To find out which new sectors …

The new bull market will be led by the stocks of these three industries. Tech and the FAANGs will fall by the wayside Read More »

Disney plans targeted hiring freeze and job cuts, says memo from CEO Bob Chapek

Disney plans targeted hiring freeze and job cuts, says memo from CEO Bob Chapek

disney plans to institute a targeted hiring freeze as well as job cuts, according to an internal memo sent to executives. “We are limiting headcount additions through a targeted hiring freeze,” CEO Bob Chapek said in a memo to division heads sent Friday and obtained by CNBC. “Hiring for the small subset of the most …

Disney plans targeted hiring freeze and job cuts, says memo from CEO Bob Chapek Read More »

Tesla investors were the biggest losers in Elon Musk's Twitter deal, and those losses continue

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue

Twitter users have complained a lot about Elon Musk’s early moves after taking over the social network, but their complaints seem small compared to what Tesla Inc. investors had to endure. As the United States focused on election returns on Tuesday night, Tesla TSLA, -7.17% Chief Executive Musk tried to push through the disclosure of …

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue Read More »

Tesla investors were the biggest losers in Elon Musk's Twitter deal, and those losses continue

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue

Twitter users have complained a lot about Elon Musk’s early moves after taking over the social network, but their complaints seem small compared to what Tesla Inc. investors had to endure. As the United States focused on election returns on Tuesday night, Tesla TSLA, -7.17% Chief Executive Musk tried to push through the disclosure of …

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue Read More »

Disney stock plunges after profit and revenue falter, sales growth set to slow after record year

Disney stock plunges after profit and revenue falter, sales growth set to slow after record year

Walt Disney Co. ended its fiscal year with record sales and its best revenue growth in more than 25 years, but executives predicted much slower sales increases in the year ahead while missing expectations for fourth-quarter earnings and sales, sending shares down about 7% on Tuesday afternoon. DisneyDIS reported fourth-quarter net income of $162 million, …

Disney stock plunges after profit and revenue falter, sales growth set to slow after record year Read More »

Juxtaposed Ideas profile picture

Meta Stock: Mr. Market Shorted Zuckerberg; The future of media is here

Liia Galimzianova/iStock via Getty Images Investment thesis Big Tech stock price year-to-date Looking for Alpha Meta Platforms, Inc. (NASDAQ: META) continued to be slaughtered after its FQ3’22 earnings call, with a fall of -73.74% since the start of the year against the broader market destruction of -22.48% in the S&P index 500. Yet others like …

Meta Stock: Mr. Market Shorted Zuckerberg; The future of media is here Read More »

Juxtaposed Ideas profile picture

Meta Stock: Mr. Market Shorted Zuckerberg; The future of media is here

Liia Galimzianova/iStock via Getty Images Investment thesis Big Tech stock price year-to-date Looking for Alpha Meta Platforms, Inc. (NASDAQ: META) continued to be slaughtered after its FQ3’22 earnings call, with a fall of -73.74% since the start of the year against the broader market destruction of -22.48% in the S&P index 500. Yet others like …

Meta Stock: Mr. Market Shorted Zuckerberg; The future of media is here Read More »

The Warner Bros stock.  Discovery plunges, media giant 'deals with three different issues'

The Warner Bros stock. Discovery plunges, media giant ‘deals with three different issues’

The action of Warner Bros. Discovery (WBD) fell another 14% mid-afternoon on Friday after the company announced third-quarter results that beat expectations across the board. “It’s a legacy business of yesteryear trying to be a future business of tomorrow,” Julia Alexander, chief strategy officer at Parrot Analytics, told Yahoo Finance Live (video above). Alexander added …

The Warner Bros stock. Discovery plunges, media giant ‘deals with three different issues’ Read More »

Roku stock plunges as pessimistic earnings forecast suggests ad budgets could 'degrade'

Roku stock plunges as pessimistic earnings forecast suggests ad budgets could ‘degrade’

Shares of Roku Inc. fell 16% in after-hours trading on Wednesday after the streaming company beat expectations with its latest results, but gave a weaker-than-expected outlook for the holiday quarter, because economic conditions could further “degrade advertising budgets”. For the fourth quarter, Roku executives expect revenue of $800 million and a loss of $135 million …

Roku stock plunges as pessimistic earnings forecast suggests ad budgets could ‘degrade’ Read More »