Year: 2019

Nvidia beat Wall Street’s estimates for third-quarter revenue and earnings. Yahoo Finance’s Emily McCormick has the details. …read more […]

Netflix said on Thursday it would make changes to maps in a documentary that showed German Nazi death camps inside the borders of modern Poland, after Polish Prime Minister Mateusz Morawiecki pressed the streaming and production company to act. The maps in the documentary series “The Devil Next Door” were criticised by Morawiecki earlier this week for implying that Poland existed at that time as an independent nation within its postwar borders and thus could share responsibility for the atrocities committed at the camps during World War Two. …read more […]

Q3 2019 Infinera Corp Earnings Call …read more […]

When investors thought Canopy Growth (CGC) couldn’t report any worse numbers, the company shocked the market with another big miss. Digging into the numbers, the underlying trends were better than the headlines, but the leading Canadian cannabis LP has a long way to go before the business is supportive of the current valuation still around $5.2 billion.Big ChargesThe company officially reported FQ2 revenues of C$76.6 million. These revenues were hit by C$32.7 million in restructuring charges from returns and pricing allowances from the softgel and oil inventory and an inventory charge of C$15.9 million.These combined charges reduced gross margins by …read more […]

Boeing Co has scaled back use of automation to make fuselage sections for its 777 jetliners amid reports of reliability issues and returned to having mechanics do some of the work, the planemaker said on Thursday. The company began to build 777 fuselages in 2015 in an upright orientation, with robots drilling holes and installing fasteners, an initiative known as fuselage automated upright build (FAUB). Boeing had faced delays last year when the FAUB machine was tried out on existing versions of the 777. …read more […]

The video streaming wars went into overdrive this week. The Walt Disney Company (NYSE: DIS) launched its new service, Disney Plus, on November 12.
The conventional wisdom says Disney’s combination of price and quality content is bad news for Netflix (Nasdaq: NFLX).
However, I don’t believe this is a winner-take-all scenario. A recent Wall Street Journal and Harris Poll survey found Americans are willing to spend $44 per month on streaming services – meaning they can afford two or three different ones.
Still, Disney’s new service costs just $6.99 a month, which seems like a bargain compared with $12.99 for Netflix’s most popular …read more […]

A panel of experts to the U.S. FDA recommended allowing Amarin Corp Plc’s fish-oil derived drug to be used as an add-on therapy for reducing the chance of heart attacks and strokes in high-risk patients with cardiovascular disease. The panel on Thursday voted 16-0 in favor of expanding approval, potentially opening up a multi-billion dollar opportunity for the company which has only one drug, Vascepa, in the market. The FDA, which is slated to announce its final decision on the label expansion by Dec. 28, is not mandated to follow the recommendation of the panel, but generally does. …read more […]

House Speaker Pelosi tries to reassure Wall Street that impeachment won’t get in the way of ratifying USMCA. …read more […]