IXP News and Press, iShares Global Comm Services From 06/07/22

Meta Platforms’ true economic or owners’ earnings have been consistently better than its accounting earnings. As a result, its valuation is even more attractive than on the surface. Its FW P/E is about 16x on a GAAP basis, but only about 11x on an owners’ earn...

According to our interpretation of several economic indicators, we believe that we are still in the expansion phase of the business cycle, however we may be close to its peak. Both in the expansion phase and at the peak of the cycle, consumer spending is generally above average, which...

Meta Platform's stock has been under significant pressure recently. Sentiment surrounding the company has soured due to numerous adverse developments. Now, the company's long-time COO, Sheryl Sandberg, is departing. However, a management shakeup may be what Meta needs to get i...

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...