
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
You’ve probably heard that the Netflix stock soared as people are locked up at home amid the coronavirus pandemic and they have nothing to do but watch TV series. On April 21 the company will report its earnings after the market will close at 23:00 MT time.
After the release it could be a huge movement up or down. It depends on whether the Netflix’s performance meets high expectations of investors or not.
You should look precisely at two metrics. The first one is the revenue growth. Analysts anticipate an increase by 26.8% year over year to $5.73 billion. Millions of people binge-watching Netflix series should help to exceed these expectations.
The second one is managements’ forecast for subscriber growth in the second quarter of 2020. It should at least be 7 or 8 million paid subscribers addition.
The Netflix price has started to increase since March 17. It reached its peak at the 449.5 point and then slightly went down.
According to Bloomberg, 7 analysts advise to sell the Netflix stock, 6 – hold and 30 – buy.
Check the economic calendar and don’t miss this chance to gain!
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
Richard Branson offloaded nearly 10 million shares, which equals about 4% of the Virgin Galactic stock, leaving him with an 18% stake.
Today at 00:00 GMT+3 SPCE will present the second quarter 2021 financial results. We will get to know everything about the company's financial condition and plans.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.
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