Snap and Disney report earnings after the bell Tuesday and both companies have a lot to talk about. Chris Versace, Chief Investment Officer at Tematica Research and John Petrides, Managing Director & Portfolio Manager at Point View Wealth Management join The Long and The Short to discuss what they expect from each company's call.
The main aspect Snap investors will be looking at is active user growth and revenue per user. Spiegel has said in the past that this company may never be profitable, so what number does it have to hit in order to keep investors interested in its future? Petrides is unsure if Snap will get to the point where it can call itself a successful company.
Plus, Disney reporting earnings for the first time since announcing its acquisition of 21st Century Fox. Will that be the main focus of the call? In the past, investors have been worried about subscriber loss within its ESPN property, but this purchase could overshadow that. Ives said a lot of time will be spent asking CEO Bob Iger about the future of its new streaming platform and how it sees the integration of movies from 21st Century Fox.
Topps unveiled an expansion of its Godzilla NFT collections while New York Comic Con held a panel on the crypto collectibles showing the surging interest in the space.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Google is cracking down on digital ads promoting false climate change claims or being used to make money from such content, hoping to limit revenue for climate change deniers and stop the spread of misinformation on its platforms.
With the Biden administration reportedly looking into regulating stablecoins like Tether and Circle, just what might those rules look like going forward?
General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030.
A former Facebook data scientist has told Congress that the social network giant’s products harm children and fuel polarization in the U.S. while its executives refuse to change because they elevate profits over safety.
A Russian actor and a film director have rocketed into space to make the world’s first movie in orbit.
Facebook and its Instagram and WhatsApp platforms have suffered a worldwide outage.
Tesla says it delivered 241,300 electric vehicles in the third quarter even as it wrestled with a global shortage of computer chips that has hit the entire auto industry.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
