yeah, I'm not trashing them for the ride so far but they are almost there. Things have come down sharply and in the grand scheme this was a short but extreme inflation run by historical standards. Nothing wrong with just taking another pause to access.
Just watched all the CNBC Iger clips. Seems like he understands the problems, but can't come out and directly say it (which is fine). Marvel and SW have quantity AND quality issues. Both need to vastly improve. Less shows and movies, but also way better writing and production. CGI in recent Marvel and SW products have been worse that CGI from a decade ago. Why do you think so much Disney shows take place at night? Gotta hide bad special effects.As I mentioned posts above, they need more than just Marvel and Star Wars. Fatigue set in for me awhile ago and I suspect others now as well. They need more variety in all genres. They're great franchises but it's just too much.
I've said ESPN would be attractive to someone, big tech being the top alternative, if they ever spun it off or sold it. I could see the same for a partnership as well. It gives DIS some upside should it stabilize and some deeper pockets to work with as well.
Disney could soon sell its TV assets as Iger says business 'may not be core' to the company
Disney CEO Bob Iger appeared for an interview with CNBC's David Faber the morning after announcing a contract extension through 2026.www.cnbc.com
Disney pulling back on making Marvel, Star Wars content, Iger says
Disney CEO Bob Iger said Thursday on CNBC that the company will cut back on its content creation for major franchises Marvel and Star Wars.Disney is open to finding a new strategic partner for ESPN, Iger says
Disney is open to selling a stake in ESPN and is looking for a strategic partner as it prepares its transition to streaming, CEO Bob Iger said in an interview.
I've always said 80s has been pretty good support that has held over the years, including the pandemic. Me always wanting more margins of safety would prefer the low end of that range, would wait to see if high 70s low 80s is in the cards. Earnings are in August and I tend to think they would be lackluster so that could be an opportunity for a drop but we'll see.
Agreed, seems like DIS is in for at least one additional bad quarter. They closed a bunch of things down and pulled content from D+ to harvest more tax breaks. Doesn't seem like a good sign.
Question was never whether inflation would come down or not, but whether it levels off in that CPI 3-4 % range. That remains to be seen.
Plus the writers strike and the potential actors strike isn't good for them and other media companies in the short term. I mentioned above I expect the media companies to dig in and not give up too much because they've all been hemorrhaging cash because of their streaming services and flops at the box office. It will put a strain on new content but like I mentioned I could see more unscripted content in the future. I mean look at primetime these days. You see reality shows and game shows often which are cheaper for them to produce. Long term it may be good to keep costs under control but short term it could put the squeeze on content which in turn can ding subscriber numbers.
I don't see any "greedy red flags" until we hit ATHs with the indexes (broad markets or sectors). Not saying we will get to ATHs this summer, but once a bear market ends, markets seem to rally until they regain past levels. Obviously, if a new negative event happens, all bets are off.
This would be a massive acquisition, even for AAPL. Why bother? I think the new big thing for AAPL is the iCar EV.
I just recently bought some gbtc and ethe. As well as atom tokens on coinbase. Each pretty small positions but i do have a toe in the water.
I bought back into BTC and ETH via Fidelity Crypto, but also modest positions. At least some skin in the game! I will continue to add to both as appropriate.
Keep an eye on MULN, another EV truck startup. The stock is down 95% trading at about 15 cents after a 1 for 25 reverse split. They have recorded their first revenue from an order. They have production facilities in Mississippi, California and I believe, Ohio. They’ve started hiring workers presumed to be production line workers and are scheduled for deliveries in August. I’m not saying it’s a buy right now but there’s a massive number of naked shorts ( which are now being sued) and are ripe for a huge short squeeze. I’d put it on my watch list.
Oh and i was looking at ftft. No clue on the fundies but looks like a lagger.
Company sounds terrible. But the stock could rip.
Those discounts are a good play when/if they convert to ETFs. I'm putting enough money into BTC and ETH that I don't feel stupid if they totally moon (but not enough to lose sleep over!).
Nice round of earnings this morning, including UNH:JPMorgan Chase beats analysts' estimates on higher rates, better-than-expected bond trading
JPMorgan has been a port in the storm for bank investors this year. Its hot streak continued with second-quarter earnings.
Yea thought it was possible UNH get at least a relief pop after earnings. Didn't get into it though. I mentioned where I'd prefer it. Opposite of Delta which had running hard and then had a sell the news drop after earnings.Nice round of earnings this morning, including UNH:
Stocks making the biggest moves premarket: AT&T, Microsoft, JPMorgan, Citi and more
These are the stocks posting the largest moves in premarket trading.
UnitedHealth Group
-- The healthcare stock climbed 3.4% after beating on earnings. The company reported an adjusted $6.14 per share and $92.9 billion in revenue while analysts polled by Refinitiv forecasted $5.99 and $91 billion.
Yeah, UNH has a lot of room to run/rally, especially after a clean double beat on earnings. Hope so, it has been holding down the HC index for quite a while.
Boy, was I getting scared when UNH kept going down. I continued to buy it as it went down and accumulated over 350 shares. Nice to see it pop and sold 50 today but still expect this stock to go back to its high. I’m slightly ahead now at 475. I was going to post to you guys to buy at 445 yesterday.
Tom Lee, Mark Newton and the Fundstrat team have been rocking it lately. They still have a 30-day free trial of all their research without putting in any payment info. Tom and Mark put out short videos every day and the FS team is tracking the earnings season. Great intelligence.
Some FYI on Mullen. Again, not recommending a buy but worth watching as it has the potential to fly on any good news.
When the tide turns for HC, the entire industry will rally. Perhaps UNH is the catalyst to get the ball rolling.
techcrunch.com
Just probably the ebb and flow of new data coming in. I assume they don't get updates on all types of data in everyday. Updates come in at different frequencies.
www.sportsbusinessjournal.com
