Morning Movers Gapping up $ShockWave Medical(SWAV.US)$stock rose 1.6% after Johnson & Johnson announced it would buy the company for $12.5 billion. The transaction would boost J&J’s portfolio of cardiovascular disease treatment devices. $Krispy Kreme(DNUT.US)$stock rose 5.3% after Piper Sandler upgraded its stance on the doughnut chain to 'overweight' from 'neutral’, saying its national partnership with McDonald’s (NYSE:MCD) could...
Despite a drop in share price and EPS, shareholders appear confident in the company's long-term prospects. However, the company's 5-year performance has led to a 2% annual loss for shareholders. Investors are advised to consider the company's business performance and market conditions before investing.
Analysts view the joint venture as a positive for Fox, lessening its exposure to Pay TV ecosystem pressures. Despite lukewarm stock reaction to the JV news, they see a good entry point at current valuations, suggesting the market might underestimate the JV's potential impact.
Despite Fox's higher forecast growth, it trades at a lower P/E, indicating skepticism among shareholders. Unobserved threats to earnings may be preventing the P/E ratio from matching the positive outlook, suggesting anticipated earnings instability.
Murdoch and Ciongoli have expressed enthusiasm over the appointment, with Murdoch highlighting Ciongoli's legal experience as an asset, while Ciongoli displayed eagerness to contribute to Fox's continued success in the dynamic media industry.
U.S. equities sank, with the S&P 500 falling 1.6% after the Federal Reserve said interest rates will likely have to stay higher for longer, and after a big decline in weekly unemployment claims. Bond yields skyrocketed, with the yield on the 10-year Treasury note soaring to the highest level since 2007. Home builder stocks dropped, with shares of D.R. Horton (DHI) losing 3.7% and PulteGroup ($普得集團(PHM.US)$...
Core Points: 1. The average SVOD subscriber takes ~4.2 services, down from ~4.7 and ~4.8 in 1Q23 and 4Q22, respectively 2. ~50% of respondents would subscribe to a standalone ESPN product 3. ~70% of Max (HBO Max) subscribers are aware of the rebrand 4. Netflix borrowers likely to become Subscribers/Extra Members 5. Disney+ and Netflix exhibit the highest levels of password sharing behaviors among major streamers 6. Subscriber stickiness increasi...
The National Basketball Association (NBA) is reportedly seeking a new television broadcast contract for the next decade of games, which may be estimated to cost more than $5 billion per year. Currently, Disney , parent company of ABC and ESPN, and Warner Bros. Discovery Channel , owner of TNT, are in an exclusive negotiating window to renew their contracts with the NBA. The current deal expires in ...
Tanya young : $SPDR 標普500指數ETF (SPY.US)$