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What's New This Week In The EV Sector: 4 Major Updates
Tuesday, November 24, 2020 - 12:19pm | 1067Read More...The EV world is filled with a lot of news and happenings, and that is without mentioning Tesla Inc (NASDAQ: TSLA). Elon Musk will not just sit down and let other producers take the wheel, but competitors are raising their bets as the EV race is about to intensify. Worksport Worksport...
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Firm Results from Disney, Cisco Help Market Back After Thursday's Slide
Friday, November 13, 2020 - 10:57am | 2088Read More...After a week that’s been all over the place, stocks begin Friday with a firmer tone thanks to two sturdy earnings reports. Walt Disney Co (NYSE: DIS) and Cisco Systems, Inc. (NASDAQ: CSCO) led the charge in pre-market trading. Both surprised investors with stronger than...
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V-Shaped Recovery Looking More Likely As Corporate Profits Show Resilience
Sunday, November 8, 2020 - 4:09pm | 430Read More...U.S. markets in the week ahead could see a bounce after Friday's modest drop, as the country settles into the post-election period. Earnings Resiliency: Although new record COVID-19 numbers could drag share prices, corporate earnings have proved surprisingly resilient, giving momentum to...
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Thursday's Market Minute: Spike In Corporate Layoffs Urges Necessity Of COVID Vaccine
Thursday, October 1, 2020 - 10:14am | 436Read More...Layoffs have been rampant since the start of the pandemic and are now reaching some of the countries’ biggest corporations. The US unemployment rate was 8.4% in August, relatively low compared to April’s peak of 14.7%, but well above February’s 3.5%. Just this week Walt Disney Co...
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Airlines And Banks In Focus As Layoff Fears Propel Hopes For More Fiscal Stimulus
Thursday, October 1, 2020 - 9:59am | 2253Read More...Leaves are turning orange and red but Q4 begins with Wall Street tinted green as investors build in fresh hopes for another fiscal stimulus package. It feels like there might be new enthusiasm to get something done in D.C. following recent headlines that American Airlines Group Inc...
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Quarter Ends With Focus On Regeneron's Virus Cocktail, Disney Layoffs, Micron Results
Wednesday, September 30, 2020 - 10:51am | 2183Read More...Anyone hoping last night’s debate would calm the political waters arguably didn’t get their wish, and that could be one reason stock indices remain under pressure early Wednesday. As one person wrote on Twitter Inc (NYSE: TWTR), “The next debate is probably going...
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NFLX Stock Gains Put Pressure On Earnings Expectations
Monday, July 13, 2020 - 4:05pm | 1978Read More...As earnings season begins its full-steam rollout, not many stocks have been the subject of analyst chatter with as much gusto as Netflix Inc (NASDAQ: NFLX). It’s one of the few, proud to have proved resistant to the coronavirus that has caused so much pain to so many people and...
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Will Banks Vault? Earnings Season Likely To Disappoint, But Investors Hope To Hear 2021 Optimism
Monday, July 13, 2020 - 10:13am | 2529Read More...This is a nice lead-in to earnings. The new week kicks off right where the old one ended, with lots of optimism lifting stocks tied to reopening the economy. Early strength came despite unrelenting spikes in coronavirus cases over the weekend, especially in Florida. Investors seem primed to...
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Disney Gets $5B Credit Line As Coronavirus Pandemic Hurts Business
Tuesday, April 14, 2020 - 4:25am | 292Read More...The Walt Disney Company (NYSE: DIS) has entered a $5 billion credit agreement, it disclosed in a filing with the Securities and Exchange Commission on Monday. What Happened The credit line agreed to on April 10 will be valid for a year, according to the SEC filing, and can be extended for another...
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Disney+ Makes Middle East Debut Through Third-Party Network
Thursday, April 2, 2020 - 7:42am | 274Read More...The Walt Disney Company (NYSE: DS) has signed an agreement with the Dubai-based Orbit Showtime Network to make the content of its streaming platform available in the Middle East, Reuters reported Wednesday. What Happened OSN has acquired "long-term exclusive distribution rights" to the...
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ViacomCBS Plans New Streaming Platform
Friday, February 7, 2020 - 2:59am | 583Read More...Viacom CBS Inc. (NASDAQ: VIAC) has plans to launch a new streaming service that will feature live and on-demand entertainment, news, and sports spanning its brand portfolio. What Happened Viacom is planning to launch an as of yet unnamed new streaming service that would be built on top of CBS All-...
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Grayscale Bitcoin Trust Becomes First Bitcoin Investment Vehicle To Become SEC Reporting Company
Wednesday, January 22, 2020 - 5:08am | 360Read More...Grayscale Investments, a subsidiary of the Digital Currency Group, on Tuesday, said it had become a reporting company with the United States Securities and Exchange Commission. What Happened The company had filed for the status in mid-November, and the form 10 filing was deemed effective as per...
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Apple In Talks With James Bond Franchise, Pac-12 Conference To Boost New TV Service: WSJ
Friday, December 20, 2019 - 5:33am | 359Read More...Apple Inc. (NASDAQ: AAPL) earlier this year held talks with Beverly Hills-based media company MGM Holdings, Inc. and the San Fransisco-based athletic collegium Pac-12 Conference to explore possible cooperation for its new video-on-demand service, the Wall Street Journal reported on Thursday. What...
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Disney+ To Make Debut In France In March
Monday, December 16, 2019 - 6:50am | 255Read More...Disney+, the video streaming service of Walt Disney Co (NYSE: DIS), will make its debut in France by March next year, Reuters reported on Sunday. The streaming service will be available on French media giant Vivendi SA's (OTC: VIVEF) Canal+ television channel. "This exclusive...
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How TD Ameritrade Clients Positioned Themselves In Disney And Tesla After November's Disney+ And Cybertruck Events
Wednesday, December 11, 2019 - 4:56pm | 324Read More...Traders and investors reacted to the streaming wars last month. TD Ameritrade Holding Corp. (NASDAQ: AMTD) clients were net buyers of Walt Disney Co (NYSE: DIS) during November following Disney’s release of its highly anticipated streaming service Disney+. This is according to the TD...
















