tyb
have pb up as current notables
;)
Netflix surges ahead of quarterly results report; Disney in focus
SAN FRANCISCO (Reuters) - Shares of Netflix jumped 3 percent on Tuesday ahead of the streaming video service’s quarterly results, with traders expecting a larger than normal reaction from the stock as new competition looms from Walt Disney Co.
Netflix will be the first to report March-quarter earnings among major high-growth firms and Wall Street’s reaction to its results will be viewed as an indicator of what to expect when Amazon.com Inc and Facebook Inc report next week.
“There is some concern that real competition is entering the market, but Netflix is still a good proxy for investor risk appetite, especially for technology,” said Joel Kulina, Senior Vice President of Institutional Cash Equities at Wedbush Securities.
Options traders expect Netflix shares to swing by about 7% in either direction in the session after its report, which is expected after the market closes on Tuesday. That is more than the median move of 5.4% in Netflix’s eight most recent quarterly reports, according to options analytics firm Trade Alert.
On Jan. 18 following its last quarterly results, Netflix dropped 4% over concerns about slowing growth, and investors are now focused on how Chief Executive Officer Reed Hastings plans to fend off a major challenge from Walt Disney, with its upcoming Disney+ streaming service.
https://www.reuters.com/article/us-usa-stocks-netflix-idUSKCN1RS1S5
These report's are meaningless when they refuse to tell you how they achieved them.
They stopped reporting what it cost's to acquire subscriber's (SAC) or Subscriber Acquisition Costs a bit ago.
Already surpassed daily average volume.
equity cap sauce
https://finance.yahoo.com/quote/NFLX?p=NFLX&.tsrc=fin-srch
good
White House talking to other possible Fed candidates: Kudlow
WASHINGTON (Reuters) - The White House is considering other possible candidates for the board of the Federal Reserve although U.S. President Donald Trump still backs his two potential nominees, Herman Cain and Stephen Moore, White House economic adviser Larry Kudlow said on Tuesday.
Kudlow, speaking to reporters at the White House, added that Trump’s picks are still going through the nominating process for the seats on the U.S. central bank’s board of governors.
“We are talking to a number of candidates. We always do,” he said when asked if the White House was vetting alternates for Cain and Moore, whose controversial potential nominations have raised concerns among economists as well as some of Trump’s fellow Republicans.
“We support (Stephen Moore). We support Herman Cain. We’ll just let things play out in the vetting,” he said.
Despite the assurances, Kudlow’s comments could signal the administration is increasingly open to other Fed nominees, amid a rising chorus of opposition to their nominations.
The U.S. Senate must confirm any nominees, and Republicans control the chamber with 53 seats. But four of them have said they oppose Cain, a former pizza company chief executive, effectively sinking his nomination.
Neither candidate’s name has been formally sent to the Senate, but Trump has pledged to do so.
Trump has repeatedly slammed the Fed for raising rates, saying that rate hikes are holding back the economy. His pick of Moore and Cain has been seen by critics as a means to put pressure on the central bank to ease policy and help him politically.
Such pressure could undermine the Fed’s long-guarded image as an independent, nonpartisan entity, economists and other critics have argued.
Moore has spoken on several conservative radio talk shows this month extolling Trump’s economic policies, echoing his view that the Fed’s rate hikes last year were a mistake, and laying out his case for a rate cut, which Trump has called for.
Cain has said the reason he was under attack as a nominee is because he is a conservative. Cain’s bid for president in 2012 was derailed by accusations of sexual harassment that he has repeatedly denied.
“At the end of the day, it will probably be up to Herman Cain if he wants to stay in that process or not,” Kudlow said.
https://www.reuters.com/article/us-usa-trump-fed/white-house-talking-to-other-possible-fed-candidates-kudlow-idUSKCN1RS1O3