|Bid||35.33 x 3000|
|Ask||35.38 x 1200|
|Day's Range||35.33 - 35.48|
|52 Week Range||28.96 - 36.25|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.88|
|Expense Ratio (net)||0.68%|
Indian Courts Add Another Twist to ArcelorMittal’s Essar BidArcelorMittal’s Essar bidArcelorMittal (MT), the world’s biggest steel producer, has put in a bid to acquire Essar Steel, a bankrupt steel company in India (EPI) (INDA). While the
Disney’s Fox Acquisition Just Cleared Its Final Regulatory Hurdle(Continued from Prior Part)More on the Disney-Fox deal The Walt Disney Company (DIS) has finally received approvals from regulators in Mexico and Brazil (EWZ), which were the last
Why Buckingham Downgraded Netflix(Continued from Prior Part)Netflix faces competition from other streaming players Netflix (NFLX) is grappling with pressure from the rising number of competitors in the streaming space, which is denting its subscriber
Inside Amazon’s Deal with Walt Disney’s YES Network(Continued from Prior Part)Amazon’s stock price performanceAmazon (AMZN) stock fell 1.2% in March but has gained 7.9% on a year-to-date basis as of March 8. The stock closed down 0.32% on
Alphabet Updates: Google Assistant, China Search Engine, and More(Continued from Prior Part)Google’s project Dragonfly Alphabet’s (GOOGL) Google is again facing criticism over its controversial search engine in China (MCHI) (FXI), known as
How These Four Internet Stocks Performed in February(Continued from Prior Part)Snap’s stock price performanceThe stock of social media giant Snap (SNAP) closed 1.22% higher on Monday at $9.92. The Snapchat parent soared 46.7% in February and has
Flows into India’s stock market and currency are showing some signs of waning investor confidence, according to BNY Mellon chief currency strategist Simon Derrick.
Buffett versus Dalio on Gold: Whose Advice Should You Take?(Continued from Prior Part)Highest central bank buying in 50 years According to the gold demand trend for Q4 2018 released by the World Gold Council, central banks are on the biggest gold
An Update on Alibaba’s Recent AcquisitionsAlibaba raises stake in CICCAlibaba Group Holding (BABA) has reportedly invested another 1.81 billion Hong Kong dollars (or $230.61 million) to expand its stake in local investment bank CICC (China
Investors have shied away from Indian stocks ahead of the country's upcoming elections. Gain exposure to possible volatility using these three ETFs.
Do These Factors Point to a Strong Start for Gold in 2019?(Continued from Prior Part)Highest central bank buying in 50 yearsAccording to the gold demand trend released by the World Gold Council on January 31, annual gold demand increased by 4% in
India ETFs, especially the consumer-centric ones, should surge on interim budget stimulus if oil prices remain in control.
A Brief Synopsis of Facebook’s Solid Q4 Earnings Results(Continued from Prior Part)Facebook’s user growth dented in the fourth quarterFacebook’s (FB) user base grew in the fourth quarter, but its rate of growth slowed amid data privacy
How Netflix’s Investment in Content Is Affecting Margins(Continued from Prior Part)Netflix’s EBITDANetflix (NFLX) posted EBITDA of $328 million in the fourth quarter. EBITDA jumped nearly 4.8% from the prior-year quarter of $313 million but was
Can Netflix Survive Near-Term Pressure on Subscriber Growth?(Continued from Prior Part)Netflix’s international subscriber additions Streaming giant Netflix (NFLX) added ~7.31 million paid streaming members in the international markets in the fourth
Inside Netflix’s 2018 Performance and 2019 Expectations (Continued from Prior Part) ## Spending on original content Netflix (NFLX) added 7.0 million subscribers in the third quarter, beating its forecast of 5.0 million subscribers and helping it to report better-than-expected revenue and earnings. Its paid net additions were 6.07 million in the third quarter, which also exceeded its expectations of 5.15 million net subscriber additions. ## Investment in movies and films Netflix’s thriller Bird Box was watched by 45 million subscribers worldwide during its first seven days on the service. Another movie the company released in December, Roma, was declared 2018’s best movie by the New York Film Critics Circle. The movie was also given the Golden Lion Award. It’s now seeking to work with renowned Hollywood directors such as Martin Scorsese, Dee Rees, Steven Soderbergh, Guillermo del Toro, Michael Bay, and Noah Baumbach to expand its reach as a major studio. According to sources, Netflix is planning to produce 90 movies per year, of which 20 will be originals, with budgets ranging from $20 million to $200 million. It’s expected to release ~35 films per year with budgets of under $20 million. In comparison, Comcast’s (CMCSA) Universal Pictures reportedly produces ~30 movies per year. ## Netflix to grow in international markets Netflix also has plans to expand its presence in global markets, including in Mexico, Spain, Italy, Germany, Brazil, France, Turkey, and the Middle East. In India (INDA), Netflix is planning to release 12 local language original series and 20 local language films in 2019. In Africa, Netflix has already entered Nigeria after purchasing the rights to the series Lionheart. The streaming giant added ~5.87 million streaming members in international markets in the third quarter, exceeding its estimate of 4.35 million members. In the fourth quarter, the company expects to have added 7.60 million subscribers internationally. Continue to Next Part Browse this series on Market Realist: * Part 1 - Netflix Outperformed the Market and FAANG Stocks in 2018 * Part 2 - Competition in the Streaming Space Might Dent Netflix’s Dominance * Part 3 - Will Netflix Face a Threat from Disney and WarnerMedia in 2019?
Amazon (AMZN) and other US (SPY) e-commerce companies, including Walmart-backed (WMT) Flipkart, were hit hard recently after the Indian government announced new guidelines by which e-commerce companies must operate in India (INDA). According to the new rule, which will take effect starting on February 1, e-commerce companies such as Amazon and Flipkart will be restricted from selling products from companies in which they have an equity interest.
Apple (AAPL) continued to lead the global tablet market with a share of 26.6% and shipments of 9.7 million units. Apple has a 58% share in the domestic tablet market, up from 54% in the same period last year. The latest 451 Research report says iPad customer satisfaction is at 93% for the iPad and iPad Pro.
According to market research company IDC, the global personal computer (or PC) market fell 0.9% year-over-year to 67.38 million units in the third quarter of 2018. IDC stated, “The traditional PC market has trended toward stabilization since 2017 and even flirted with solid growth in 2Q18. While demand from mature regions remained key to the market, many emerging markets had to contend with unfavorable currency headwinds and other politico-economic factors that cramped demand.”
In the previous part of this series, we have seen that Apple (AAPL) may be struggling to increase iPhone sales in fiscal 2019. Apple managed to easily outperform the global smartphone market as shipments rose 0.5% to 46.9 million units. At the end of the third quarter, Apple had a market share of 13.2% in the global smartphone market.
As noted in the previous article, earlier this year, Berkshire Hathaway took a small stake in India’s Paytm. Walmart (WMT) also made a huge bet on India with its acquisition of Flipkart. Amazon (AMZN) has also been spending substantially in India.
The election results so far show the ruling BJP (Bharatiya Janata Party) trailing in two states and facing a nail-biting battle in another state. While Indian equity markets (INDA) started the day on a weak note, they closed with gains today. In another development, the Indian government appointed a new head of the central bank (IBN) (HDB) after the existing governor abruptly resigned.
In this article, we’ll see how analysts are rating Infosys (INFY). A weaker Indian rupee has been a tailwind for Indian technology companies (INDA) (EPI) such as Infosys, as they get most of their revenues from overseas. Infosys has received “strong buy” ratings from 12 analysts, while 24 have given it “buy” ratings.