Netflix reported 3rd Quarter earnings of $1.47 per share on revenue of $5.2 billion. The consensus earnings estimate was $1.05 per share on revenue of $5.3 billion. Revenue grew 31.1% on a year-over-year basis. Crushed on earnings, missed on revenue and guided lower. But I think the mood of the street was they were going … Continue reading Netflix Beats
Pound Surges as Johnson on Brink of a Brexit Deal. A Brexit deal looks highly likely but it will likely take an extension to get the deal signed, sealed, and delivered
Shanghai Home Sales Plunge 86% in Golden Week. Golden Week, a seven-day Chinese holiday, is traditionally a peak period for home sales. This year, sales plummeted. Sales of new homes in Beijing dropped to their lowest level since 2014 during the week following the National Day holiday. Beijing faces the dilemma of all speculative markets: … Continue reading Shanghai Home Sales
Student debt may be preventing many would-be U.S. homeowners from having enough money for a down payment.
Today is International Day of the Girl Child. A day started by the United Nations to highlight and address the needs and challenges girls face, while promoting girls’ empowerment and the fulfillment of their human rights. Around the world 175 million children do not get basics education with more than half of those being girls. … Continue reading It Pays to Educate Girls
The Holiday Season is right around the corner. Are retailers ready? With unemployment rates at the lowest they have been since 1969, one would think that retailers are fully staffed and ready to roll with the holiday season. However, retailers have lost 11,400 jobs since August. Since January 2017, retailers have lost 197,000 jobs according … Continue reading Black Friday is 50 Days Away
Girl, we already do! In the news recently, there has been a lot of talk about the gender wage gap. According to the Bureau of Labor Statics, women earn $0.82 on the dollar compared to men. Additionally women spends 15% of their working years outside of the workforce caring for children and elderly parents compared … Continue reading Should Women Invest Differently from Men?
Companies in the S&P 500 Index need this earnings season to be above average once again to avoid their first drop in profit since 2016. S&P 500 earnings per share have exceeded analysts’ end-of-quarter estimates by an average of 3.6 percentage points since 2011, according to data compiled by Bloomberg. Gaps of 5.1 points in … Continue reading Earnings on the Horizon
With the trade war between the U.S. and China going in to its 19th month, the economy continues to be negatively affected. More talks are scheduled to continue this week on Thursday and Friday. The Institute of Supply Management (ISM) published the index at 47.8%, which is below the growth point of 50% for September. … Continue reading US-China Trade Talks
Looking for S&P 500 companies to pay out more than $500 billion in dividends this year for the first time.