• Breaking News

    Wednesday, February 9, 2022

    Stocks - Disney earnings are out – here are the numbers. They killed it! Huge beat

    Stocks - Disney earnings are out – here are the numbers. They killed it! Huge beat


    Disney earnings are out – here are the numbers. They killed it! Huge beat

    Posted: 09 Feb 2022 01:09 PM PST

    Earnings per share: $1.06 adj. vs 63 cents expected, according to a Refinitiv survey of analysts

    Revenue: $21.82 billion vs $20.91 billion expected

    Disney+ total subscriptions: 129.8 million vs 125.75 million expected, according to StreetAccount

    It's unclear what percent the House of Mouse will get from the latest Marvel Cinematic Universe film, as terms of the deal between the two studios has never been disclosed, but Disney is expected to get a piece of the film's $1.77 billion global haul.

    Investors should expect Disney to double-down on theatrical releases for its major tentpole films going forward, which will reduce cannibalization of ticket sales from day and date streaming releases.

    submitted by /u/Crazyleggggs
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    After Meme-Stock Turmoil, SEC Proposes 1-Day Settlement of Trades | Set for Mar 31, 2024

    Posted: 09 Feb 2022 03:41 PM PST

    Barron's

    Had to blockout the symbol for the ones we cant speak

    In January 2021's frenzy of individuals trading in stocks like ____ and ____, brokers and exchanges imposed halts as they struggled to keep up with the action. A proposal from regulators could speed things up and reduce risks for the public.

    Wednesday, the four commissioners of the U.S. Securities and Exchange Commission backed the idea of requiring most trades to be completed in a day, instead of the two days now allowed. …. The proposal on stock trades would mean that a trader who submitted an order to their broker before 4 p.m. today, would get their cash or shares tomorrow, depending on whether they were selling or buying, instead of the day after tomorrow, under the current regime known as "T+2". In any case, brokers may still require individual traders to prefund some orders, which could add time to the process.

    If adopted, next-day trades would be required to start by March 31, 2024.

    submitted by /u/GypsyPhoto
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    Serious question for Retail Tech Investors

    Posted: 09 Feb 2022 09:12 PM PST

    So I've been thinking, Is the reason that the majority of retail traders are so overleveraged tech stocks is because that's all that they know? Obviously new things are exciting. But the majority of the USA work force today are likely office workers. And they know how Microsoft, Apple, AMD, etc work cause they use those products everyday??? And they are okay buying those growth stocks at very high valuations. But as a blue collar guy I have never bought heavily into any of those tech stocks with what I thought were nose bleed valuations. And I've always bought stocks that I can understand. That's why I own stocks like $CLF, $BP, $KMI, $WNC, $GT, and other manufacturing & commodity stocks. And I am not against tech as I am fine buying & holding stocks like Intel that are used in everything that have cheap valuations.

    But my question is, do we all have bias based on the bubble we live in? And is the younger tech office generation not diversifying because tech is all they know? I am not expecting an answer, but it's just something I've been pondering lately.

    submitted by /u/drew-gen-x
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    Meta back-pedalling on threat to leave Europe

    Posted: 09 Feb 2022 12:19 PM PST

    Meta mentioned in its last quarterly report the risks of policies in Europe and the potential case of shutting down its services in Europe. This in turn lead to a lot of negative press and discussions, while some already thought of this as an empty threat.

    As a reaction to all the public discussion and some politicians already voicing their opinion, Meta is now back-pedalling and several european employees have been sharing an open letter on their LinkedIn and Twitter profiles.

    submitted by /u/Zestyclose-Jelly-512
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    When interest rates hike up historically bank stocks have a great year.

    Posted: 09 Feb 2022 06:53 PM PST

    I have noticed in 1994, 2015 and 2018 have had fairly good years for bank stocks. These years where when interest rates where pushed up and so banks made bank. Anyways just wanted to share with you guys and here thoughts.

    submitted by /u/Helodic
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    Block, inc.[Tick: SQ], Will Apple's "Tap to pay" contactless payment function on the iPhone threaten Block's business?

    Posted: 09 Feb 2022 07:35 PM PST

    I have been observing Block's stock for a while, and I think it is at an attractive pricepoint, last seen in Q3 2020; as it has dropped over 50% since its peak.

    But, now I'm having doubts over its longer-term growth and viability because of Apple.

    Apple recently introduced a Tap-To-Pay function on its iPhone, quote:

    The new capability will empower millions of merchants across the US, from small businesses to large retailers, to use their iPhone to seamlessly and securely accept Apple Pay, contactless credit and debit cards, and other digital wallets through a simple tap to their iPhone — no additional hardware or payment terminal needed.

    This looks to me like a direct challenge to Block's business model, with Square's terminal and Cashapp ecosystem.

    They also mentioned:

    Stripe will be the first payment platform to offer Tap to Pay on iPhone to their business customers, including the Shopify Point of Sale app this spring. Additional payment platforms and apps will follow later this year.

    Cashapp and the Square terminal are Block's lifeline and a major driver in their business; although this only targets the B2C side, it is still a direct challenge to Block's dominance in this area, as Block offers financial services and POS terminals to businesses which tie into their Cashapp and recent BNPL ecosystem.

    Do you guys think Apple will be able to pose a direct threat to Block's business?

    submitted by /u/doubleoh72
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    3M Rewards Shareholders with Dividend Hike

    Posted: 09 Feb 2022 01:16 PM PST

    Industrial conglomerate 3M recently announced a quarterly dividend of $1.49 per share, a marginal increase from the previous dividend of $1.48. The dividend will be paid on March 12, 2022, to shareholders of record as of February 18, 2022. Following the news, shares of the company declined marginally to close at $162.27 in Tuesday's extended trading session. The company's annual dividend of $5.96 per share now reflects a dividend yield of 3.7% based on Tuesday's closing price.

    submitted by /u/gomeszh
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    Canopy Growth Stock Jumps 10% on Earnings

    Posted: 09 Feb 2022 02:15 PM PST

    Canopy Growth (TSX:WEED)(NYSE:CGC) had a major share boost on Feb. 9 after the company reported a smaller third-quarter loss. Canopy Stock seems to finally see some positive movement after huge cost cuts in the last year.

    Canopy Growth stock reported a net loss of $115.5 million compared with $829.3 million the year before.
    Sales fell by 8% year over year, affecting the company's net revenue.
    The loss amounted to $0.28 per diluted share compared to a loss of $2.43 in 2020.

    Full story here

    submitted by /u/TradingGroup101
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    HOG reflection

    Posted: 09 Feb 2022 05:50 PM PST

    Wow - was talking with my spouse last Friday about how I like HOG and I want to watch it. Clearly it is up 20% since then. Oh how I wish I followed through on that!

    I noticed how the volume spikes were pushing it higher. Then Feb 4 it had a little pull back. At that point I thought I would let the quarterly earnings come in before doing anything.

    Lesson learned - next time I see an opportunity like that, I will DCA instead of waiting for earnings to hit. Why is it such an impulse for me to try and time things? Like it's okay to DCA and wait. Ugh.

    submitted by /u/funkyturtl
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    What does this even mean? Considered intervention from Bureau of Labor Statistics website

    Posted: 09 Feb 2022 06:15 PM PST

    January 2022 CPI weight update Starting in January 2022, weights for the Consumer Price Index will be calculated based on consumer expenditure data from 2019-2020. The BLS considered interventions, but decided to maintain normal procedures.

    submitted by /u/Juiceman4you
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    To the successful traders in here, where did you start?

    Posted: 09 Feb 2022 02:29 PM PST

    By successful, I mean clearing $100k plus a year. Where did y'all start learning about the stock market? Is there a college/university program you took beforehand? I hope this post follows community guidelines and doesn't get removed but if it does I understand.

    submitted by /u/Free-Vermicelli-7790
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    Where do you check ur futures?

    Posted: 09 Feb 2022 08:25 PM PST

    Where do you check ur futures?

    I like cnn website for futures, curious if anyone has any other sites they like? Im wondering what you use and why you like it?

    Maybe it shows real time changes to pricing or whatever. Maybe it shows other things?

    Maybe you like cnn, maybe you dont... idk you tell me. Things things more things.

    submitted by /u/Vitamin_DzNuts
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    Are the CPI numbers even important to the market ?

    Posted: 09 Feb 2022 01:33 PM PST

    Im just curious because Ive seen multiple people talk about how cpi will come in hot and make the markets sell down or something but like ... but usually the market doesn't react to it (atleast from what i observed ) For instance , last year cpi data never really effected the market weather it was good or bad , and the market would continue on with whatever trend it was on ... so why do people even care about cpi ?

    submitted by /u/Prize_Cancel9331
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    Barrons: Pfizer Stock Is Falling. Did Investors Misunderstand the Revenue Guidance?

    Posted: 09 Feb 2022 02:11 PM PST

    Barrons:

    Pfizer shares dropped sharply after the company's 2022 sales guidance appeared to fall short of expectations.

    The guidance that Pfizer (ticker: PFE) presented, however, doesn't take into account future sales of Pfizer's Covid-19 vaccine and antiviral, but only sales already made. The number will likely climb upward as the year progresses, suggesting that the selloff on Tuesday may have been based on a misunderstanding.

    In its earnings release, Pfizer said it expected revenues of between $98 billion and $102 billion in 2022, including Covid vaccine sales of $32 billion and Covid antiviral sales of $22 billion.

    The antiviral sales guidance met the consensus estimate according to FactSet, but the Covid vaccine guidance fell short by $2.8 billion. The FactSet estimate for Pfizer's overall revenue for 2022 was $103.2 billion, around $3 billion above the midpoint of Pfizer's guidance range.

    Questions:

    • Do you think Pfizer is undervalued right now due to incorrect interpretation of future vaccine and anti-viral drug sale projections?

    • More a more general level, do you think Pfizer is going to wisely invest its covid windfall and develop great revenue streams?

    • Do you consider Pfizer a great buy or not? Is this a long term hold? The pe ratio is 13. Is that considered normal for drug companies?

    submitted by /u/r2002
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