Roku’s Glory Days Could Be Approaching an Expiration Date
With its latest quarterly results, Roku is maintaining momentum and keeping investors convinced that the company is a clear winner of streaming adoption, the declining linear viewership of non-live content, and the launch of streaming services by a number of media companies. But the glory days for Roku might have an expiration date, according to MoffettNathanson analyst Michael Nathanson.
How Would a Trump News Network Impact FOX Stock?
Fox reported robust revenue and earnings for the recent earnings report, but the stock is taking a nosedive. Why? It could be because investors are anticipating that Donald Trump might launch his own news network in the wake of an election loss, according to Michael Nathanson, Senior Analyst at MoffettNathanson.
FuboTV is an ‘Inexpensive’ Way to Bet on Sports and Streaming
If you feel like you’ve missed the boat on streaming stocks such as Netflix and Roku, FuboTV could be an opportunity for redemption. The sports-first streaming platform is in a position to exploit cord-cutting trends with its vast offering of sporting events and lower prices, and Wall Street analysts are quickly rallying behind the stock.
Twitter is Tech’s Biggest Loser
A halt in user growth is stealing the spotlight from Twitter’s strong ad revenue growth in the third quarter. The stock plunged nearly 20% following the report, with the damage potentially being exacerbated by the fact that Twitter is being outplayed by peers such as Snap and Pinterest.
Spotify Earnings: Everything You Need to Know
Spotify reported solid Q3 results with both total MAUs and Premium Subscribers just beating estimates, but the stock took a hit due to weakening Average Revenue per User.
Why Callaway’s Merger with Topgolf Makes Sense
Callaway and Topgolf are merging and will combine through an all-stock transaction. The deal assigns a total enterprise value of about $2.54 billion. Callaway first invested in Topgolf in 2006, and currently holds a 14% stake.
Adidas Plans to Sell Reebok: Is Shaq the Most Likely Buyer?
Adidas is reportedly looking to unload Reebok by March 2021, according to Germany’s Manager Magazine. Adidas acquired Reebok in 2005 for $3.8 billion, a move that helped the second largest sports brand in the world strengthen its presence in the U.S. market.
Chegg Chugs Along as “Direct-to-Student” Model Thrives Through Pandemic
Chegg is on a 4-year earnings winning streak. The on-demand digital learning platform has beat and raised guidance for the 16th straight quarter as students flock to the service while studying from home.
Snap PT Increased to $52 by Guggenheim
Guggenheim says innovative products for users and brands are creating an under-appreciated long-term monetization opportunity for Snap.
Buy the Netflix Dip? History Says Do It
Netflix missed expectations for subscriber growth, but delivered a promising preview of free cash flow. Here’s what Wall Street analysts had to say:
The Anti-Bubble Portfolio Strategy, and Why the Central Bank's Money-Printing Addiction Could Spell Doom
Diego Parrilla, Chief Investment Officer at Quadriga Asset Managers, joins to discuss his Anti-Bubble investment process of identifying artificially cheap assets, and explain his view that the U.S. is putting its financial system in a dangerous position by sticking with policy that is designed to prevent a bubble from collapsing at all costs.
Nike's Unmatched Coolness, Crocs' Surge in Popularity, and Restaurants’ K-Shaped Recovery
Piper Sandler’s Senior Research Analyst Erinn Murphy talks about Nike's dominance among the Gen-Z demographic and Crocs' sudden resurgence. Piper Sandler's Head of Consumer Equity Research Nicole Miller Regan discusses the restaurant industry's K-shaped recovery, Dunkin' vs. Starbucks, and her top stock pick.
The Unanswered Questions that Remain for Disney’s New Restructuring
Disney is shaking up its business structure to expedite the media giant’s Direct-to-Consumer ambitions.
The Blockbuster Antitrust Report Seeks to Rewrite the Rules on Corporate Power
David Dayen, Executive Editor at The American Prospect and Author of Monopolized, and Joshua Wright, Law Professor, Executive Director of Global Antitrust Institute, and Former FTC Commissioner, talk about how Congress's proposals to rewrite antitrust law could change who sets the rules for the global economy.
Netflix Price Target Raised to Street-high $650 by Pivotal
Pivotal Research is now the biggest Netflix bull on Wall Street. The firm raised its price target by $50 a share to $650, saying the video streaming company is likely to remain as the dominant global SVOD player for the foreseeable future.
What a Biden-led Blue 'Tsunami' Means for the Financial System
Jaret Seiberg, Financial Services and Housing Policy Analyst for Cowen Washington Research Group, talks about the markets’ muted reaction to President Trump’s COVID-19 diagnosis, key policy initiatives that could result from a Biden or Trump victory, and how these changes could impact the wealth gap and financial inclusion.
There’s Pent Up Demand for Online Dating and Match Group is Positioned to Capitalize
The pandemic has put a pause on the dating life for many U.S. singles on the prowl, creating pent up demand for mingling that will be unleashed once the risk of contracting coronavirus slows down, according to a new survey from Jefferies research.
Why Apple Won’t Acquire Peloton
Peloton’s subpar technology and inability to follow consumers wherever they go make the connected fitness leader an unattractive acquisition candidate for Apple, according to Needham analyst Laura Martin.
The Fitness Stock No One is Talking About
Peloton is getting all the attention as the superstar of Connected Fitness, but the future of exercise is not a winner takes all business. It's time to start taking notice of Bowflex owner Nautilus, which is participating significantly in the workout-from-home trend and is transitioning to digital fitness.