Investor news

Disney reports weak growth in Disney + subscribers

Disney publishes financial results for the fourth quarter of 2021. Disney+ streaming service subscribers up less, than analysts expected. Total revenue was also lower than expected: 18,5 against $ 18.8 billion. After the report, Disney shares fell by 5%, to 166 $. Disney has two operating segments. Here are the results for each. "Media and entertainment" Compared to the previous one, Disney+ subscribers up 2 million in third quarter, from 116 to 118 million. Analysts were expecting, about 9 million new users will subscribe to the service. For comparison: in the third quarter the number of subscribers grew by 12 million. Disney warned of slower growth back in September. The company said, that due to the spread of the coronavirus there were disruptions in the production of content, so the service has nothing to attract new customers. Among other things, Disney+ growth was affected by the easing of quarantine restrictions. People are spending more time outside the home., for example travel. Airbnb posted a strong third quarter report last week.: revenue increased by 36 And 67% for 2019 and 2020. The company expects, that in the near future the demand for short-term rental housing will continue to recover. Disney reaffirms its long-term goal of reaching 230-260 million Disney+ subscribers by 2024. According to the company, expansion into foreign markets and new content will help achieve this goal. Disney subscribers including ESPN+ and Hulu reached 179 million at the end of the quarter. Streaming revenue increased by 38%, up to $4.6 billion. Operating loss increased from $374 million to $630 million. License revenue increased by 9%, up to 2 billion dollars: the company has released more films, than a year ago. For example, в этом квартале вышли

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Coinbase reports worse than expected. Stock exchange shares fell by 13%

Crypto exchange Coinbase reported for the third quarter of 2021, which ended 30 September. Compared to the previous quarter, trading volume on the platform decreased, and the company's revenue was below analysts' expectations. On the postmarket, COIN shares fell by 13%, to 310 $. Coinbase reported revenue of $ 1.2 billion.

Tesla Stock, Alibaba and Facebook are the most popular among Russian investors

St. Petersburg Stock Exchange has summed up the results of trading in foreign shares in October. Here's how key operating numbers have changed since September: volume of transactions - 31 billion dollars (+15,3%); number of client accounts — 16 million (+8,5%); number of unique clients — 11 million (+8,9%); number of active accounts - 845 thousand (+2,4%). In October, investors traded shares and depositary receipts of 1,626 foreign companies. Here are the most popular ones. Tesla. 21 October, the auto company reported record revenue and profit for the quarter. Revenue was $ 13.8 billion (+57%), net profit — $1.6 billion (+389%). The company has collected 238 thousand cars (+64%), and sold - 241 thousand (+73%). 25 October car rental company Hertz announced the purchase of 100,000 Tesla electric cars worth $ 4.2 billion. After that, Tesla shares rose by 13%, from 910 to 1025 $, and capitalization exceeded a trillion dollars. In total, in October, the company's shares rose by 56%, from 775 to 1208 $. Already in November, Tesla CEO Elon Musk said, that Hertz hurried with the announcement: "The contract has not yet been signed. Demand for Tesla exceeds supply, so we will supply our vehicles to Hertz at the same price, as ordinary buyers". Probably, the parties are still discussing the details and timing of the deal. Alibaba. 4 October, Alibaba share price fell to 140 $ - the minimum for the last three years. Stocks started to fall a year ago, when the Chinese authorities called the company a monopoly. The government later issued a $2.8 billion fine to Alibaba.. So during the year, the company's shares fell by about 50%. In 2021, China interfered with other companies like DiDi, TAL и Tencent. All this had a negative impact on stocks., including Alibaba. So, индекс Nasdaq

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Bundle of investment news: index problems and robot trucks

In S&P 500 companies, may be, added for money. In the US people get fired not because, that the economy is bad, and therefore, that it grows and changes. TuSimple is close to world domination. Disclaimer: when we talk about, that something has grown, we mean a comparison with the same quarter a year earlier.

Bed Bath Promotions & Beyond rose by 90%

Chain of retail stores for home goods Bed Bath & Beyond issued several positive press releases at once. The company announced the launch of the marketplace, cooperation with the Kroger supermarket chain and aggressive buyback. Looks like, users of the Reddit forum liked the retailer's initiatives.

More 90% active funds lag behind the index at a long distance

Asset fund managers say this: it is difficult to overtake the index in a boring market. Another thing, when the economy is changing rapidly, and the markets are volatile. Then, due to the point selection of stocks, managers are ready to destroy index funds. Since March 2020, they have had such a chance. Didn't work out.

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