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NFLX Stock Watch: Netflix Gains Massive Subscriber Boost

NFLX stock is looking more pandemic-proof by the day. In fact, it’s one of the only companies that’s benefitting from the coronavirus on all fronts. Netflix (Nasdaq: NFLX) is set to go even further after its latest announcement.
The streaming giant sent out a letter to its shareholders on April 21st, noting its Q1 results and projections for Q2. Some of the numbers are staggering, in which it doubled its subscriber projections.

NFLX Stock Continues to Thrive During Volatile Times
According to its recent release, Netflix gained 15.77 million subscribers in the first quarter of 2020. Their projections, on the other hand, were …read more […]

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Are High Dividend Stocks a Safe Bet in This Economy?

During economic turbulence and bear markets, many investors reallocate their portfolios to take a more defensive stance. Dividend stocks become a smart play—especially Dividend Aristocrats that have a proven history of maintaining that dividend. But what about high dividend stocks? Are these still safe investments in a market that might be trending flat or down in the near-term?
High dividend stocks can be a risky bet without a little investigation—but many times, they’re as safe as any other. Let’s take a look at how to evaluate safe high dividend stocks in a market that’s volatile, trending toward depressed.

What Is a High …read more […]

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J.P. Morgan Picks 2 Stocks to Buy (and 1 to Sell)

Earnings season kicked off last week, and market watchers are preparing for the worst. The upcoming release of first quarter financial results is marred by historic levels of uncertainty, with worry looming over Wall Street as investors await a more detailed look at the extent of COVID-19’s impact on profits.JPMorgan quant guru Marko Kolanovic does offer a ray of hope: “Taking into account the unprecedented monetary and fiscal measures being implemented, as well as unprecedented asset declines over the past month, we maintain that asset price recovery is likely and our pre-pandemic equity price target for 2020 is achievable sometime …read more […]

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Zoom raises encryption level with upgraded meeting app

Zoom, which has soared to 200 million daily users from 10 million in less than three months, had faced backlash from users after security researchers found bugs in its codes and the company failing to disclose that its service was not end-to-end encrypted. Zoom said it has made several changes to its user interface, including offering password protection and giving more controls to meeting hosts to check unruly participants. To account for criticism that the company had routed some data through Chinese servers, Zoom said an account admin can now choose data center regions for their meetings. …read more […]

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Biogen Announces 1Q20 Beat, But Aducanumab Update Steals The Show

Biogen (BIIB) has kicked off first quarter biotech earnings with a top- and bottom-line beat. However, the company surprised investors by announcing a significant delay to the aducanumab BLA (biologics license application) filing, which is now set for 3Q instead of early 2020. Aducanumab is a human monoclonal antibody designed to treat early Alzheimer’s disease.“Among the new disclosures are a pre-BLA meeting this summer and additional “formal interactions” with the FDA (such as Type C meetings); these were not previously communicated and may raise questions on how receptive FDA is to this BLA” comments JP Morgan analyst Cory Kasimov.As a …read more […]

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Uranium Bulls: The Queue Starts Here

I last wrote on the uranium market in February 2017, “Supernova Investing: Uranium”. Please start here for full background, before you go down the nuclear/uranium rabbit hole; https://ibankcoin.com/ The Unforgiving Impact Of Covid-19 Envelopment of the globe by COVID-19 has been swift, and unforgiving. Most markets, especially commodity markets (save gold), are beset by demand destruction […] …read more […]

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AT&T Revenue Drops 4.5% and Crisis Impairs Outlook for 2020

(Bloomberg) — AT&T Inc. posted a 4.5% drop in revenue from a year ago and withdrew its forecast of 2% revenue growth for the year, saying it can’t provide a financial forecast for 2020 due to the coronavirus pandemic.The Covid-19 crisis hurt earnings by 5 cents a share in the first quarter and knocked $600 million off of revenue due to lower ad sales from canceled sports events like the NCAA men’s basketball tournament. But the U.S. stay-at-home orders, which started in mid-March, did help improve some of AT&T’s slumping consumer businesses.Homebound customers craving videoconferencing and cellular connections helped boost …read more […]

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Gilead, oNKo-innate Look To Natural Killer Cells For New Cancer Treatment

Gilead Sciences (GILD) and its Kite unit have entered into a three-year cancer immunotherapy research collaboration with oNKo-innate. The goal: to discover and develop next-generation drug and engineered cell therapies focused on natural killer (NK) cells.Current cancer immunotherapy approaches primarily focus on T cell mediated anti-tumor immunity. Like T cells, NK cells are a class of lymphocytes (white blood cells) that play a critical role in the immune system. Both NK cells and T cells each have the potential to attack cancer cells, but each have different mechanisms for tumor cell killing.According to Gilead, appropriately activated and targeted NK cells …read more […]

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U.S. Was Hit Earlier Than Thought; Singapore Surge: Virus Update

(Bloomberg) — The coronavirus caused two deaths in California in early and mid-February, suggesting the pathogen was circulating in the U.S. weeks earlier than health officials thought. Singapore reported more than 1,000 new cases for the third day, pushing total infections past 10,000.Italy plans to more than double a stimulus package, while Spain will seek to extend emergency powers. The European Central Bank may discuss new help for lenders on Wednesday, while the U.S. Senate sent a $484 billion package of new relief funds to the House for likely approval on Thursday.The Chinese ambassador to the U.S. called for a …read more […]