IXP News and Press, iShares Global Comm Services From 07/14/22

Disney's movie releases are going to increase free cash flow tremendously, probably beginning with the third quarter. Disney probably has a lot of potential blockbusters in the backlog of movies to be released. The parks are now operating and will generate a lot of cash as well. ...

Some companies are so integral to the way we live our lives that we hardly notice them. This includes our internet service providers, many of which are cable companies. These stocks have come under pressure in the first part of 2022. The turbulence within the industry represents b...

If the cost of content production remains as high as it is today, we believe not all the current streaming contenders can remain in operation or as standalone businesses. Among streaming and media companies, we believe stock picking is crucial to avoid the allure of high-flying names ...

Why traditional telcos are back in favour amongst many investors? How a post-covid world is impacting high-growth tech stocks? Investors are searching for defense stocks, and that's changing the investing landscape. Many of the biggest names in tech have tumbled ...

Deutsche Telekom reported 6.2% (Y/Y) revenue growth in 1Q22, primarily supported by the business in the United States, which remains the company's growth engine. 1Q22 net profit ballooned to €3.9 billion thanks to gain from deconsolidation of T-Mobile Netherlands and 50% of its...

Shares of Roku are up 11% due to speculation that Netflix may acquire the streaming platform. Netflix risks losing its focus as a content publisher if it also wants to become an advertising company. Roku will no longer be a neutral CTV advertising outlet if the merger takes place....

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...