The S&P 500 had a good week due to the impressive start of Q1 earnings and favorable inflation data. In March, the consumer price index rose 5%, lower than the previous month's 6%, and met economists' expectations.
DISNEY: more customer-oriented
2020-10-13 • Updated
Do you want Netflix? Or Disney+? Well, Walt Disney restructured its media, entertainment, and other services to make sure you watch Disney+ instead of Netflix. The idea behind this move is to make the company more flexible and quick in responding to customer demand and its changing. The main trend is digitalization, and Disney is trying to become truly digital and customer-centric at the same time.
Just for comparison, in 2019, Disney+ had acquired more than 100mln streaming customers. In the meantime, Netflix has slightly less than 200mln – but that’s the total number reached over more than a decade so if Disney+ keeps the pace it may well beat its rival. And that may happen pretty soon.
Now, in the short-term, you take $121 the main support level. If the fluctuation waves don’t go too far away from the main channel in the picture below, the price will get back into it in the nearest short-term mid-term, rising to $137. In a mild scenario, expect the stock price to slowly climb to $130 in the immediate perspective.
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The previous year 2022, was undoubtedly tumultuous for the stock markets, with several stocks plummeting across multiple industries. Analysts have blamed the hard times on inflation, hawkish federal reserve policies, an impending global recession, and the ongoing crisis in Ukraine. This year, however, we're beginning to see some recovery in the stock markets. This article will find a few stocks worth buying this year.
In a call scheduled for January 25, 00:30 am GMT+2, Microsoft will publish the company's earnings for the final quarter of 2022 and comment on the results, projections, and outlook for the nearest future of the company.
Are you aware of the recent crackdown by the SEC on major cryptocurrency exchanges, Binance US and Coinbase? Surprisingly, savvy Bitcoin traders seem unfazed, as options-based implied volatility metrics indicate. It appears that the lawsuits were anticipated and already factored into the market. Implied volatility reflects investors' expectations of price turbulence, but little evidence of heightened concern exists.
Let's dive into the recent debt ceiling saga in the US and its implications for the economy, deficit, and inflation. The good news is that a new debt deal is on the horizon, saving us from a potential default on June 5. Phew! This deal will impact the economy by providing stability and avoiding a financial catastrophe.
Get ready for some suspense as the Bank of Canada faces a tough decision on whether to raise interest rates or keep them on hold. The resilient Canadian economy and the goal of curbing inflation further are at the heart of this dilemma. While some money markets and economists predict another rate hike, others believe the central bank should exercise caution and wait, hinting at a possible increase later in the summer.