E-Marketer Lowers 2017 (Advertising) Revenue Outlook For Snap Inc. By $30 Million
Written by StockNews.com Prominent digital marketing firm eMarketer lowered its 2017 revenue outlook for Snap Inc. (NYSE: SNAP) by $30 million on Tuesday, to $770 million, citing higher than expected revenue sharing with the company’s ad partners…With advertising representing nearly all of Snap’s revenue, any hiccup on that front is major bad news. As Reuters reports, […]
The Crazy Valuation Game Mobileye
There are several companies listed on the US stock exchange that make me marvel at their sky high valuations. They make no sense to me as an economist but that does not mean that investors are completely crazy valuing them the way that they do. For example, I have for a couple of years been […]
Lines In The Sand
Here we go again – Fed Day, March 2017. While this is but the first of several central bank meetings this week – the Bank of Japan, the Bank of England, and the Swiss National Bank are also slated to meet – the gathering of Janet Yellen’s bunch is likely the most important. The futures […]
Inflation Monitor – March 2017
We have had a crazy winter here in the northeast. Some days it’s hot some days it is bitter cold. I cannot remember a February where we had more than 10 days of 65-degree weather. It was nice while it lasted. Now we are back to a more normal 19-degree temperature. I guess it is […]
EC General Mills: A Safe Dividend Stock Down 15% Since July
General Mills (GIS) is a blue chip stock that has paid uninterrupted dividends for 117 years. The company’s dividend has increased each year since 2004 and boasts a 10.4% annual growth rate over the last decade. Despite General Mills’ impressive history, the company’s stock price is down more than 15% since early July 2016 while the S&P […]
Fed Watching Can Be A Costly Distraction
Another hike in the federal funds rate on Wednesday appears all-but-certain. Experts, prediction markets, and Fed officials themselves all indicate that the central bank is ready to raise target rates 25 basis points to a range of 0.75%-1.00%. Amidst all the clamor of another rate hike, the stock market is responding, yet again, with a […]
Real Estate At Financial Crisis Lows, Opportunities?
Below is a performance comparison between the S&P 500 and Real Estate ETF (IYR) over the past 10-years. Since the highs in 2007, IYR has little to brag about as it’s net asset value has declined 10%. The S&P during this same time frame is up 66%. CLICK ON CHART TO ENLARGE Below compares the relative performance of Real […]
E American Labor Share Continues To Decline
The February jobs report gives us another snapshot of how the income for American worker is undergoing change. Continuing a recent trend, average hourly earnings rose a modest 0.2 per cent and weekly hours worked remained unchanged for last month.The modest increase in wage income, at a time when the country is very close to […]
Fed Preview: 3 Scenarios For The Dots That Move The Dollar
Expectations for the March meeting went from a non-event to certain hike. But is the Fed just “sneaking in” a move now and will take a break? Or are they about to hit the accelerator pedal? We discuss the considerations facing the FOMC and the scenarios. The dot-plot regarding rates matters most, but also note […]
2017 IPO Prospects: WeWork Diversifies To Drive Revenue
Analysts estimate that the global coworking market now has more than 7,000 vendors. Coworking operators help make it easier for companies to have a physical office location by enabling sharing of workspace. One such vendor, now looking to go public, is New York-based WeWork. Photo credit: Jambounce Music/Flickr.com. WeWork’s Offerings WeWork was founded in 2010 by husband-wife […]
