IXP News and Press, iShares Global Comm Services From 10/04/22

Summary We expect macro headwinds will continue to pressure U.S. corporate earnings in the coming months. We expect earnings expectations to decline as multinational firms realize foreign exchange headwinds that accelerated over the past year. Investors can avoid undue interna...

Summary While several factors contribute to Africa’s digital divide, the prospect of a U.S.-China technology decoupling could create additional complexities that may affect the digital transformation of African countries. Chinese brands not only have a larger market share b...

Summary We believe that cash flow and debt sustainability are likely to become increasingly important as real economic growth slows and credit access tightens. Cash flow provides a link between a company’s income statement and their balance sheet. Focusing on the Russel...

Meta Platforms had to report declining revenue for the first time ever, and earnings per share declined. There seems to be a bullish and a bearish camp right now - and there are arguments for both perspectives. Nevertheless, I consider the business model still intact, and there is...

Both AT&T and Verizon have posted disappointing Q2 results. More worrisome, AT&T’s free cash flow in 1H 2022 was not even sufficient to cover its dividends. This article assesses their dividend safety holistically (beyond the common payout ratios) by considering the...

Following Meta's Q2 earnings announcement, the stock price of the largest social media conglomerate plunged by more than 8%. Meta generated revenues of about $28.82 billion, down 1% as compared to Q2. Analysts had expected revenue of $28.92 billion. Meta significantly reduced Q3 2...

Meta has reported its quarterly earnings and missed on both lines. That's bad. But at the same time, the company continues to add new users, despite tough comparables and an unfavorable macro environment. The valuation is well below average, and if the current investments pay off,...

Google’s advertising business is showing robust growth despite a feared slowdown in the ad market. Google’s Cloud business is also growing strongly, now has a 9% revenue share. TikTok is becoming a challenge for YouTube ad revenue growth. Google's significant fre...

Despite the weaker-than-expected guidance, we believe that Verizon stock could outperform the broader market in the current macroeconomic environment. The relatively safe, sustainable, and growing dividend could make the stock an attractive addition to portfolios, focusing on dividend...

Netflix lost 970,000 subscribers in Q2’22. The subscriber number was significantly better than guidance. However, Netflix is losing subscribers predominantly in high-revenue regions like the U.S., Canada, and Europe, while offsets only come from low-revenue regions like APA...