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Communication
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Is Debt Level of Gannett Concerning
August 27, 2024 05:00 PM AEST| By Team Kalkine MediaGannett, a significant player in the,Communication sector,, is currently facing scrutiny regarding its debt levels. Traded under the ticker GCI, the company’s use of debt has become a focal point for discussions about its financial stability and over...
Warner Bros. Discovery: Chart Pattern Suggests 97% Rebound Potential
August 26, 2024 06:27 PM AEST| By Team Kalkine MediaHeadlines,Warner Bros. Discovery Stock Faces Challenges Amid Market Shift,Financial Performance Highlights Key Areas of Concern,Direct-to-Consumer Business Shows Potential for Future Growth,Warner Bros. Discovery,(NASDAQ:WBD),has experienced a signif...
NetEase ADRs Hit 52-Week Low After Second-Quarter Earnings Report
August 23, 2024 04:00 AM AEST| By Team Kalkine MediaNetEase, a major player in the,Communication Sector,, saw its American depositary receipts (ADRs) reach a 52-week low on Thursday following the release of its second-quarter financial results. The company's ADRs fell by 12% during early afternoon tra...
Netflix Surges as Wall Street Cheers
August 22, 2024 05:30 PM AEST| By Team Kalkine MediaNetflix's stock,(NASDAQ:NFLX),has reached a new record high this week, marking its strongest performance since the pandemic. This rise comes as other streaming competitors face challenges, with Netflix standing out due to its robust advertising reven...
iQiyi Shares Fall to 52-Week Low After Decline in Profit and Revenue
August 22, 2024 05:00 PM AEST| By Team Kalkine MediaShares of iQiyi, a prominent Chinese video-streaming platform in,Communication Sector,, dropped to a 52-week low following a decrease in both profit and revenue for the second quarter. On Thursday, the stock fell by 15% to $2.60 during early afternoo...
Two Key Reasons Baidu is Gaining Attention Now
August 21, 2024 05:00 PM AEST| By Team Kalkine MediaHeadlines,- Baidu’s core business remains robust, with consistent profitability despite broader challenges.,- The company’s advancements in AI, including its ERNIE Bot and autonomous driving service, offer significant growth potential.,Baidu,(NASDAQ:...
Could Verizon Stock Hit $51? A Wall Street Firm Weighs In
August 17, 2024 02:30 AM AEST| By Team Kalkine MediaVerizon,(NASDAQ:VZ),faced a notable decline in late July following its second-quarter earnings report, which fell short of expectations. This disappointment was largely attributed to a slowdown in phone upgrading activity.,Despite these challenges, t...
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Should Netflix Stakeholders Worry About This Recent Change?
August 14, 2024 05:00 PM AEST| By Team Kalkine MediaNetflix,(NASDAQ:NFLX),has long stood out in the streaming landscape, delivering impressive growth over the past two decades. Since August 2004, the company’s stock has surged an astounding 25,850%, a testament to its disruptive impact on the media in...
Challenges Facing Disney's Stock Recovery Amid Theme Park Slowdown
August 14, 2024 02:10 AM AEST| By Team Kalkine MediaHeadlines,Disney stock is trading significantly below its peak from March 2021.,Multiple factors, including competition in streaming and challenges in the theme park business, contribute to this decline.,Disney's recovery prospects are influenced by...
Sri Lanka Grants Satellite Broadband Licence to Elon Musk's Starlink
August 14, 2024 12:48 AM AEST| By Team Kalkine MediaSri Lanka’s telecommunications regulator has officially granted a licence to Starlink, the satellite internet service operated by SpaceX, to provide satellite broadband services in the country. The move marks a significant step in Sri Lanka's efforts...
Is Roblox Stock Worth Your Attention Now?
August 12, 2024 05:00 PM AEST| By Team Kalkine MediaHeadlines,Roblox's stock has rebounded significantly after hitting a low in the past year.,The company's financial performance and user engagement have shown strong growth recently.,Despite the positive trends, there are challenges and risks that cou...
Paramount Falls Short of Q2 Revenue Expectations
August 10, 2024 01:00 AM AEST| By Team Kalkine MediaHeadlines,Paramount's Q2 CY2024 revenue fell short of forecasts, declining by 10.5% year-on-year to $6.81 billion.,Despite the revenue shortfall, the company achieved a notable increase in non-GAAP earnings per share (EPS) to $0.54.,The company exper...
Factors Behind Nintendo's Recent Stock Decline
August 09, 2024 02:40 AM AEST| By Team Kalkine MediaHeadlines,Q1 Fiscal 2025 Results Impact: Nintendo's recent sales missed estimates, contributing to the stock's decline.,Long-term Stock Performance: Nintendo stock has significantly underperformed compared to the S&P 500 since January 2021.,Future Ou...
Deutsche Telekom raises FY24 guidance on back of recent quarterly performance
August 08, 2024 08:31 PM AEST| By Team Kalkine MediaDeutsche Telekom AG has announced a substantial rise in net profit for the second quarter of 2024, driven by strong performance across its core markets and revenue that exceeded market expectations. The telecommunications giant reported a net profit...
Deluxe (NYSE:DLX) Confirms Dividend Payment of $0.30
August 05, 2024 05:00 PM AEST| By Team Kalkine MediaDeluxe Corporation (,NYSE:DLX,) has declared a dividend payment of $0.30 per share, scheduled for September 3rd. This dividend translates to a yield of 5.8%, which is set to enhance returns for shareholders.,Dividend Sustainability Concerns,While a h...
Disney Stock Faces Key Tests This Week
August 05, 2024 05:00 PM AEST| By Team Kalkine MediaWalt Disney (DIS) has seen a dramatic shift from its earlier success this year. After a peak in March with shares trading 38% higher, the stock has since declined, moving lower year-to-date. With its current trajectory, Disney needs a significant cat...
When Is the Optimal Moment for Nextdoor Holdings, Inc. (NYSE:KIND)?
August 05, 2024 05:00 PM AEST| By Team Kalkine MediaHighlights:,Nextdoor Holdings, Inc. is currently trading below its intrinsic value, indicating potential buying opportunities.,The stock's high volatility, as reflected by its elevated beta, suggests possible further price declines.,Despite recent ga...
American Tower Reports Revenue and Net Income Growth in Q2
July 31, 2024 11:00 PM AEST| By Team Kalkine MediaAmerican Tower (AMT), a leading global operator of wireless and broadcast communications infrastructure, delivered impressive second-quarter results on Tuesday. The company reported total revenue of $2.9 billion, reflecting a 4.6% increase year over...
Netflix (NASDAQ:NFLX): Membership Surge Fuels Revenue and Market Edge
July 31, 2024 09:24 PM AEST| By Team Kalkine MediaHeadlines,Q2 Results: Membership Growth Momentum Stuns,Revenue Growth Reflects Membership Expansion, Ad Tier Addition,Netflix's Valuation Remains Attractive Despite Strong Gains,Netflix,(NASDAQ:NFLX),recently released its Q2 results, showcasing conti...
Fiverr International Shares Surge on Strong Q2 Results and Strategic Move
July 31, 2024 05:00 PM AEST| By Team Kalkine MediaShares of Fiverr International (NYSE:FVRR) started Wednesday's trading session strong, having gained 11.9% at 10 a.m. ET. The rise came after the company reported impressive second-quarter results, adjusted its revenue forecast upwards, and revealed...
