E*Trade Generation Trader: Preview of Netflix Earnings
Generation Trader, sponsored by E*Trade, follows and highlights the most compelling business stories that are moving the market. This episode features Netflix ahead of its latest earnings report, with E*Trade's Senior Equity Option Strategist Mary Ryan.
Shares of Netflix are already up nearly 18 percent this year, and on Monday shares are trading at all-time highs. Netflix stock has outperformed both Disney and Time Warner. But Time Warner's HBO has done better in the awards race both at September's Emmy's and this month's Golden Globes.
Ryan explains how traders can utilize E*Trade's drawing tool to better understand the market opportunity for a stock like Netflix.
Youth sports coaching service MOJO has partnered with Major League Baseball, named the "trusted grassroots coaching app" of the MLB. The app provides content for parents and coaches to help young players grow their skills. Ben Sherwood, founder & CEO of MOJO joined Cheddar News to talk about how his app works to improve coaching to keep players interested. "The number one reason that kids drop out of sports and all of the surveys is that sports aren't fun, and one of the big reasons that sports aren't fun is that the coach doesn't know what she or he is doing," he said. "We think there's a great coach in everyone, and we just have to have the right resources and tools and inspiration."
Big tech companies such as Amazon and Google are garnering criticism for failing at their proposed climate pledges, most of which rely on carbon offsets — a potential loophole where companies pay others to address their omissions. Gilles Dufrasne, policy officer at Carbon Market Watch, joined Cheddar News to explain the organization's negative evaluation. "The objective here is not to bash companies and say everybody is doing the wrong thing," he said. "The objective is to also provide lessons, and there are some companies that are doing the right thing."
Jeff Zucker has resigned as CNN's president, writing in a memo he failed to disclose a romantic relationship with a colleague. Zucker admitted to the relationship, which he described as consensual, during the investigation into former CNN anchor Chris Cuomo's behavior. Seth Schachner, managing director of StratAmericas, joined Cheddar to discuss where does this abrupt resignation leaves the network.
Kevin Kelly, Founder & CEO of Kelly ETFs, discusses the profitability concerns within the banking sector and highlights the long-term headwinds in the energy market.
