Most consumer discretionary businesses succeed or fail based on the broader economy. This sensitive demand profile can cause discretionary stocks to plummet when macro uncertainty enters the fray,
and over the past six months, the industry has shed 2.8%. This drawdown was disheartening since the S&P 500 gained 5%.
Netflix's stock has surged 43.4% in 3 months and 99% in 1 year, with a market cap of $552 billion. Analysts project continued strong performance and a $1 trillion valuation by 2030, driven by content strategy and ad-supported tier.
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns.
Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.
Billionaire Elon Musk is best known as the CEO of Tesla Inc (NASDAQ:TSLA) and SpaceX. Musk is also one of the most followed and popular figures in the world.
Meta won a lawsuit over its use of copyrighted books to train AI models, with a judge ruling the practice falls under fair use, marking a significant legal victory for the company.
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the wireless, cable and satellite industry, including Sirius XM (NASDAQ:SIRI) and its peers.
Comcast’s first quarter results were shaped by persistent challenges in its domestic broadband business and a highly competitive telecommunications landscape. Management cited increased churn and muted customer growth, particularly in broadband, as key factors holding back top-line momentum. Despite this, the company saw healthy broadband average revenue per user (ARPU) growth and highlighted notable strength in its wireless and business services segments. CFO Jason Armstrong explained, “We’re addressing current customer pain points and investing in go-to-market with a focus on pricing transparency and simplicity.”
Reddit’s AI tools, Reddit Insights, and Conversation Summary Add-ons, will help marketers analyze trends and boost ad engagement by featuring positive user comments.
Scottie Scheffler has made a ton of money for himself and sports bettors in recent years. Some fans and bettors aren't happy when he loses and want refunds.
Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor.
The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.
Walt Disney Co. (NYSE: DIS) shares are trading higher Tuesday after the company announced it will pay Comcast $438.7 million to acquire the company's 33% stake in Hulu.
