IXP News and Press, iShares Global Comm Services From 06/02/22

Sheryl Sandberg will be stepping down as COO of Meta Platforms in fall 2022. 15-year Facebook veteran Javier Olivan will take on the role. Sandberg's departure adds more uncertainty to ongoing challenges Meta is facing. Shares remain a hold on slowing growth and heavy spending...

The recent carnage in the stock market offers Meta's management a good opportunity. In the last twelve months, Facebook has spent over $50 billion on buybacks and the company has another $30 billion in authorized capital for buybacks. Facebook’s trailing twelve months free ...

AT&T shareholders have been somewhat disappointed in the past decade – at least in relative performance. A leaner and better-focused AT&T is well-positioned to deliver asymmetric returns in the next decade to come. A 5x data increase on AT&T networks is expected...

AT&T is not likely to increase its dividends until 2024. Instead, AT&T will be focusing on debt reduction and investments in its core business. The company, through these efforts, may potentially see valuation appreciation. Market volatility may make AT&T more attr...

We're seeing declining asset prices from bond to equities, and in some cases, real assets because of higher inflation. We are seeing early signs that inflation is starting to moderate. Equity market is currently pricing in the probability of a mild recession. For further det...

The streaming market will continue to grow with CAGR of 12.5% y/y from 2021 to 2024. We are assured the battle for consumer and their wallets will intensify further in 2022 because of declining consumer saving as percentage of total disposable income and decelerating growth rate. ...

Verizon’s stock has been annihilated since reporting earning on the 22nd. The company lowered guidance from up slightly to flat for the remainder of 2022. The stock is down nearly 10% in short order. Nonetheless, I feel the selloff is overdone, offering an excellent opportunity...

Netflix got hammered again recently, bringing its total decline down to 75% from its all-time high several months ago. The streaming giant lost subscribers for the first time in more than ten years. However, the stagnant growth period could be transitory. Moreover, Netflix is grow...

Netflix (NFLX) was the first of the FAANG names to report their financial results during this earnings cycle. Now, the Core Four are on deck, putting a handful of exchange traded funds on the radar for potential price swings. Earnings are due out next week from Alphabet (GOOG) (GOOGL), Meta P...

Netflix shares tumbled in what looks to be the last nail in the coffin for the pandemic trade. The markets are adjusting to a higher interest rate and inflation environment. The economy remains strong as investors rotate from growth to value while the rise in interest rates is cre...