|Bid||365.78 x 1200|
|Ask||365.89 x 800|
|Day's Range||358.89 - 370.97|
|52 Week Range||231.23 - 423.21|
|Beta (3Y Monthly)||1.52|
|PE Ratio (TTM)||136.38|
|Earnings Date||Apr 16, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||383.15|
According to the 'Hollywood Reporter' actress Lori Loughlin will not be written into the fifth season of Netflix's "Fuller House" following the college admissions scandal. Yahoo Finance's Dan Roberts, Myles Udland, and Melody Hahm discuss.
Streaming companies like Hulu and Netflix have Hollywood trying to figure out their next move in getting viewers to get out to movie theaters. Legion M is a company that thinks if fans have equity in the project, then maybe they will be more motivated than the average moviegoer. Legion M Co-Founder and CEO, Paul Scanlan joins Yahoo Finance's The Final Round.
State Attorneys General are threatening a big tech crackdown. Which names are exposed? Which is insulated? With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Brian Kelly, Steve Chiavarone and Guy Adami.
Yahoo Finance's Zack Guzman and Jeanie Ahn are joined by Paula Pant, 'Afford Anything' Podcast host, to discuss the latest in the college cheating scandal.
Brenda Vingiello, Sand Hill Global Advisors CIO, joins the 'Fast Time Halftime Report' to discuss tech stocks catching up and if they think it's sustainable.
Hallmark Channel has dropped Lori Loughlin after her arrest as part of a college cheating scandal. Yahoo Finance’s Alexis Christoforous has details.
Google is set to unveil a video game service, codenamed Project Stream, that will reportedly allow people to play Fortnite and other modern titles in a web browser or on a television using inexpensive hardware. Google has been privately testing Project Stream since last fall and just touted its announcement planned for Tuesday with a video trailer. It’s unclear whether it will work with existing Google devices like Chromecast or Google Home, or whether it will require players to buy new hardware.
Why Did Raymond James Upgrade AT&T Stock on Friday?(Continued from Prior Part)AT&T’s pay-TV customer base AT&T (T) has been facing significant declines in its pay-TV business, and it lost 403,000 satellite TV customers—more than the
Netflix was years ahead of its peers in recognizing the opportunity and to go about disrupting the incumbents. Netflix was both agile and aggressive, positioning itself as the go-to service provider and garnering massing market share at a rapid clip. This year is set to be the start of a massive showdown in this sector, with giant rivals focused on gaining market share.
The company debuted a new iPad Air with a 10.5-inch screen, bringing back a model that was phased out when Apple launched the iPad Pro a few years ago. The iPad mini, a device that some consumers have been seeking an upgrade for, continues to use a 7.9-inch screen. The larger iPad introduced today supports the company’s Smart Keyboard, while both new devices work with the Apple Pencil stylus and include a faster A12 processor, a step up from the A10 chip used in last year’s education model.
"We continue to seek out how the legal path might progress for these types of actions, but in the short term, we think it's appropriate to move NFLX to Top Pick and Amazon to number two in our Large Cap pecking order," he wrote.
Apple (AAPL, $183.73) is expected to release a glut of new products this year. And for the company's sake, it should.Apple ran into the brick wall of a slowing global smartphone market last year; smartphone shipments have logged five consecutive quarters of year-over-year declines. The trend is clear, and Apple isn't immune. In fact, Apple has more to lose than many of its smartphone competitors because the iPhone is its primary revenue generator. It was a decade of record-breaking iPhone sales that pushed Apple to become a trillion-dollar company in 2018.Apple responded to slowing demand by increasing the price of its flagship iPhones, leveraging the higher average sale price to buoy revenue, even as iPhone unit sales fell. That helped to plaster over the problem for a while, but in January the company reported that quarterly iPhone revenues had declined a whopping 15% from the previous year.Clearly Apple must count on other products and services to take up the iPhone revenue slack. So look for 2019 to be a busy one for Apple CEO Tim Cook as his company cranks up the product releases.Here are 15 new products we expect Apple to announce at various events throughout 2019. SEE ALSO: 10 Apple Products That Changed Everything (And 10 That Didn't)
Could China’s Foreign Investment Law Appease Trump?Endorses foreign investment lawChina’s National People’s Congress ended today. As reported by CNBC, the committee endorsed a law that addresses concerns of foreign companies doing business in
Over the last four years, Disney (NYSE:DIS) stock has not rewarded the long-term shareholders well enough to get excited about its future prospects. From January 2015 to March 2019, Disney stock has range-traded between a low of $90 and a high of $120. And DIS has mostly underperformed other Dow Jones stocks.Source: Baron Valium via FlickrHowever, I believe that Disney stock now offers fundamental value and growth potential. Year-to-date, it is up almost 4%.On Mar. 14, it closed at $114.48 and in the next few months, the stock is likely to go and stay over $120. Therefore, I suggest that long-term investors consider adding Disney stock into a diversified portfolio.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHere is why … Disney's Robust Revenue StreamsDisney, the media and entertainment conglomerate, has diversified revenue streams, spanning across multiple geographies. It also enjoys tremendous brand recognition globally.Four segments constitute the revenue areas for Disney: * Media networks (such as ABC and ESPN), * Parks and Resorts (such as Disneyland and cruise lines), * Studio Entertainment (such as Lucasfilm, and Marvel), * Consumer Products & Interactive Media (such as the retail chain, The Disney Store, and ESPN+)On Feb. 5, the company reported revenues of $15.3 billion and earnings of $1.84 a share and beat analysts' estimates on both. Investors noted that Disney will be repositioning itself toward direct-to-consumer (DTC) services. Disney Has an Exciting Year AheadIn all four segments, 2019 promises to be an exciting year for the entertainment powerhouse. * 5 of the Best Stocks to Buy Under $10 Some of the movies being released include Captain Marvel, Dumbo, Disneynature's Penguins, Avengers: Endgame, Aladdin, Toy Story 4, The Lion King, Artemis Fowl, Frozen 2 and Star Wars: Episode 9. Although it is hard to know the exact earnings potential of each release, many of them are expected to become blockbuster hits.In 2018, Disney's theme parks enjoyed increasing attendance rates and higher guest spending, leading to double-digit growth in revenues. Both California and Florida will be welcoming new Star Wars theme park extensions later in the year. And analysts are expecting another stellar year for the parks, partly due to the Star Wars boost.Its new streaming service, Disney+, will launch by the end of the year and include original movies and TV shows from Disney's brands, including Marvel and Pixar. The platform is expected to concentrate largely on offering content for families. In preparation for this service, DIS is expected to pull its movies off of Netflix (NASDAQ:NFLX).Disney's ESPN+ platform, the DTC sports entertainment video service, already has over 2 million subscribers. On Apr. 11, the company will hold an investor day when it will provide a first look at Disney+ and its original content.This year, Disney will also finalize the acquisition of most of the assets from Twenty-First Century Fox (NASDAQ:FOX, NASDAQ:FOXA). The merger deal will give Disney access to Fox's popular film production businesses, including 20th Century Fox, Fox Searchlight Pictures, Fox 2000, as well as Fox's television businesses.Company management has been upbeat about the positive effects of Fox's popular franchises and branded content on Disney's ecosystem. With this acquisition, the company will also control a majority of Hulu, another streaming-media company, whereby Disney's 30% stake is set to become 60%. In the end, Hulu is expected to have mostly adult content as opposed to Disney+, which will focus on kids and will not even feature any R-Rated movies. Corporate TransformationWithin the past decade, the entertainment marketplace has been changing as we have witnessed the impressive growth of streaming and mobile video. Now the end-user has much more control of what to watch. Creating growth opportunities in this competitive industry requires proactive management. And that's where one of Disney's strengths may lie.It has been a premier entertainment company for over ninety years. It started as a niche provider of animated children's content. Then following the robust domestic growth until the 80's, it started its international expansion by opening several theme parks globally. In 1983, the Disney Channel also began programming, setting the stage for expanding the group's influence across many segments. In 1996, Disney opened its first website as well as a radio station. 21st century saw Disney acquiring many prestigious brands and companies, such as Pixar Animation Studios and Marvel Entertainment as well as Lucasfilm, which gave the company the rights to the Star Wars Franchise. As a result, DIS has content to appeal to every age and interest group globally.I believe we are now witnessing the next stage in Disney's history as the company has been working hard to enter the technology-driven content distribution space. The combined content library of Disney and Fox which will be streamed over three platforms, i.e., Disney+, ESPN+ and Hulu, is expected to give Disney enough power to rival Netflix.Netflix, which started its streaming business in 2007 as a content aggregator and later moved on to create its own original content, currently has over 140 million global subscribers. Analysts expect DIS to surpass this number and rival Netflix's market share.The upcoming 5G revolution should also be a strong catalyst for the entertainment industry and the share price for the leaders of the DTC streaming model.5G stands for "fifth generation mobile networks." The benefits of 5G will include much faster download speeds, more data capacity -- a must for the Internet of Things (IoT) devices -- and very little lag in mobile applications, which should have a positive impact on the development of online gaming, streaming, smart cities as well as self-driving cars. * 7 Dividend Stocks to Buy Today The next few years will show if Disney will be able to carry out this new phase of corporate expansion effectively. The Bottom Line on DIS StockI regard DIS stock as one of the key entertainment and media stocks to buy for value and future growth. Despite the lagging share price since 2015, the company has an extremely strong global brand and exciting growth prospects in streaming media.March may bring further volatility to the stock market and I would not advocate bottom picking; however, I find Disney stock to be a compelling buy candidate at current levels. Since 2011, the company has also been paying a dividend, with a current yield of 1.54%. Long-term investors may see any further price declines as opportunities to go long DIS stock. In three to four years, patient shareholders are likely to be rewarded handsomely.As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy Today * 7 ETFs to Buy to Ride the Longevity Economy * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% Compare Brokers The post Why Disney Stock Is Worth a Buy At Current Levels appeared first on InvestorPlace.
As the pay-to-stream model continues to drive the digital music industry, streaming services are looking to original content and bundled services to increase profits. Spotify’s acquisition of Gimlet Media and Apple’s deal with Verizon are two recent examples of this move. Both Wall Street and players within the music industry see the benefits of expanding audio streaming service offerings.
Netflix NFLX has rocketed 35 percent higher so far this year, making it one of the best performers in the S&P 500. Bill Baruch , president of Blue Line Futures, would need to see a sharp move to break Netflix out of its two-month-long funk. Netflix would need to rally more than 5 percent to break out above $380.
Apple is reportedly hiring strategists to help it with campaigns for awards shows like the Academy Awards and Emmys, with the intention of running for the Emmy Awards as soon as 2020.
Is the US Economy Losing Momentum? Evidence Piles UpUS manufacturing output declines for a second month US (DIA) manufacturing production fell 0.4% in February according to Federal Reserve data, marking the second straight month of output