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.
Robinhood made its own leap into the stock market Thursday, the one it helped reshape by bringing millions of new investors to Wall Street.
A new interactive tracker from the Atlantic Council shows that 81 countries are at some stage of development with a central bank digital currency, but the U.S. is notably absent from its list of frontrunners.
Tesla’s quarterly profit has surpassed $1 billion for the first time. The results come as the electric car pioneer navigated through a pandemic-driven computer chip shortage that has caused major headaches for other automakers.
Vaccine Mandates, Osaka Out & LeVar Burton Takes Jeopardy!
After a year of delays, the Tokyo Olympics is finally here.
But the growth in streaming is expected to lower broadcast viewership numbers. Still, advertisers and sponsors haven't pulled out of the popular live sporting event.
Team USA's Uneven Start, Optimism Plummets & 'Old' Stuns Box Office
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.
Dollar-pegged cryptocurrencies called stablecoins are on the rise, and U.S. regulators are taking notice.
Online brokerage Robinhood is looking for a market valuation of up to $35 billion.
The Biden administration is blaming China for a hack of Microsoft Exchange email server software that compromised tens of thousands of computers around the world earlier this year.
