Despite the Latest Hollywood Battle, Analysts Still Believe Investors Should Stick to Netflix
Needless to say, the past two days – which includes today – have been extremely troublesome. First and foremost, North Korea responded to Trump’s “fire and fury” warning by threatening to launch a missile at ... [Read]
A Brief Overview: Twenty First Century Fox Fourth Quarter Earnings Report
Wall Street has had yet another busy day. On Wednesday, August 9, Twenty First Century Fox (NASDAQ:$FOXA) reported fourth quarter earnings that surpassed expectations and revenue that just fell short of expectations. Let’s take a ... [Read]
BMO Capital Markets Downgrades Starbucks Due to Store Overlap
One might find it beneficial to have a Starbucks on every block, but it’s actually the opposite. More and more Starbucks cafes are facing competition from other Starbucks locations, and according to one Wall Street ... [Read]
Amazon Has Teamed Up With Tencent In $300 Million Smartphone Investment
Summary: Andy Rubin’s new smartphone company has garnered enough attention from Tencent and Amazon for a combined $300 million investment from the two companies. The company, Essential, has not launched its first phone yet, but ... [Read]
Tripadvisor Posts Q2 Earnings Beat, But the Stock Still Fell Today
Tripadvisor Inc. (NASDAQ:$TRIP) saw a dip in its stock today. And those interested in the travel industry will find this to be surprising, as the travel company just posted an earnings beat for Q2 of ... [Read]
Office Depot Dropped in Net Profit and Revenue in Q2
And the bad news continues for the retail sector. On August 9, Office Depot Inc. (NASDAQ:$ODP) announced that Q2 net profit dropped to $24 million (5 cents a share) from $210 million (38 cents a ... [Read]
Fossil Group Reports Sharp Q2 Loss and CFO Departure, Shares Fall 26%
Shares of Fossil Group (NASDAQ:$FOSL) are falling today after the Richardson, Texas-based company posted a sharp loss on Tuesday, and disclosed the departure of CFO Dennis Secor. On Wednesday, in early trade, Fossil Group shares ... [Read]
Argus Research Analyst Upgrades Tesla From Hold to Buy
It looks like there’s a new top bull on Tesla, Inc. (NASDAQ:$TSLA). On Tuesday, Argus Research analyst Bill Selesky put a $444 target on the share price and upgraded Tesla from hold to buy. Currently, Selesky’s ... [Read]
Disney Beats Earnings Expectations; Announces Direct-To-Consumer Streaming Service
Are you interested in the Disney stock or the Netflix stock? If so, today’s news is definitely something you’re going to want to hear. On Tuesday, after the closing bell, the Walt Disney Company (NYSE:$DIS) ... [Read]
Disney Ditches Netflix, Latter’s Stock Falls More Than 3%
On Tuesday, in after hours trade, Netflix (NASDAQ:$NFLX) saw its shares drop more than 3%. Why? It can all be traced back to the Walt Disney Co. (NYSE:$DIS), as the company announced in its earnings ... [Read]