BARKIN: MANY TRUMP POLICIES ADDING TO UNCERTAINTY IN ECONOMY
Day: February 5, 2025
Eagle Eye Hires Drama Director; CAA Sports Hires Senior Duo – Global Briefs
Eagle Eye Hires Drama Director The Couple Next Door producer Eagle Eye has hired a drama…
📰 US HALTS FOOD PURCHASES FOR FOREIGN AID SINCE TRUMP AID FREEZE, DESPITE STATE DEPARTMENT WAIVER FOR FOOD ASSISTANCE, SOURCES SAY
US HALTS FOOD PURCHASES FOR FOREIGN AID SINCE TRUMP AID FREEZE, DESPITE STATE DEPARTMENT WAIVER FOR…
📰 $TSLA – TESLA NEW REGISTRATIONS IN GERMANY FELL 59.5% IN JANUARY: KBA
$TSLA – TESLA NEW REGISTRATIONS IN GERMANY FELL 59.5% IN JANUARY: KBA
📰 $Uber Q4 Results Summary: 🔸 Gross Bookings: $44.20B, +18% y/y. 🔸 Mobility: $22.80B, +18% (est. $22.52B). 🔸 Delivery: $20.13B, +18% (est. $19.7B). 🔸 Freight: $1.27B, -0.5% (est. $1.31B). 🔸 Revenue: $11.96B, +20% (est. $11.77B). 🔸 Adj. EBITDA: $1.84B, +44% (est. $1.85B). 🔸 EPS: $3.21 (vs. $0.66 y/y). 🔸 Trips: 3.07B, +18% (est. 3.02B). 🔸 Net Income: $6.88B (vs. $1.43B y/y). 🔸 Monthly Active Users: 171M, +14% (est. 168.35M). 🔸 Stock-Based Compensation: $419M, -11% (est. $463.5M). Q1 Guidance: 🔸 Gross Bookings: $42B – $43.5B. 🔸 Adj. EBITDA: $1.79B – $1.89B (est. $1.84B).
$Uber Q4 Results Summary: 🔸 Gross Bookings: $44.20B, +18% y/y. 🔸 Mobility: $22.80B, +18% (est. $22.52B).…
📰 BITCOIN COULD RISE TO $500,000 IN THE LONG TERM Bitcoin could rise to $500,000 in the long term if investor access improves and volatility eases, Standard Chartered’s Geoff Kendrick says in a note. Investor access to bitcoin jumped last month after the U.S. approved the introduction of an exchange traded fund that tracks the cryptocurrency’s price, he says. “Further improvements to investor access have begun under the Trump administration.” Bitcoin volatility could fall gradually once the ETF market matures and as the financial-market infrastructure supporting the bitcoin market improves. Standard Chartered expects bitcoin to rise to $200,000 by end-2025, to $300,000 by end-2026, $400,000 by end-2027 and $500,000 by end-2028. It last trades up 1.6% at $98,241, according to LSEG
BITCOIN COULD RISE TO $500,000 IN THE LONG TERM Bitcoin could rise to $500,000 in the…
📰 $DIS RESULTS: Q1 🔸 ADJ EPS $1.76 vs. $1.22 y/y, EST $1.42 🔸 Revenue $24.69B, +4.8% y/y, EST $24.57B 🔸 Entertainment revenue $10.87B, +8.9% y/y, EST $11B 🔸 Sports revenue $4.85B, +0.3% y/y, EST $4.7B 🔸 Experiences revenue $9.42B, +3.1% y/y, EST $9.3B 🔸 Eliminations revenue -$447M, -12% y/y, EST -$391.5M 🔸 Total segment operating income $5.06B, +31% y/y, EST $4.28B 🔸 Entertainment operating income $1.70B, +95% y/y, EST $1.45B 🔸 Sports operating income $247M vs. loss $103M y/y 🔸 Experiences operating income $3.11B, +0.2% y/y, EST $2.99B 🔸 Total Disney+ subscribers 124.6M vs 125.3M q/q 🔸 Domestic Disney+ subscribers 56.8M, EST 55.67M 🔸 International Disney+ subscribers 67.8M, EST 63.77M 🔸 Total Hulu subscribers 53.6M, EST 52.34M 🔸 Hulu SVOD Only Subscribers 49M, EST 47.26M 🔸 Hulu Live TV + SVOD subscribers 4.6M, EST 4.63M 🔸 Hulu SVOD only ARPU $12.52, EST $12.84 🔸 Hulu Live TV + SVOD ARPU $99.22, EST $97.98 YEAR FORECAST 🔸 Still sees high-single digit adjusted EPS growth y/y, estimate +8.1% 🔸 Still sees cash flow from operations about $15B, estimate $15.09B 🔸 Sees entertainment operating income growth double-digit percentage, estimate +15.7% 🔸 Sees entertainment direct-to-consumer operating income of about $875M 🔸 Sees sports operating income growth +13%, estimate +11.8% 🔸 Sees experiences operating income growth +6% to +8%, estimate +6.1% 🔸 Sees Disney Cruise line pre-opening expense of about $200M 🔸 Sees equity loss of about $300M due to purchase accounting of Star India deconsolidation
$DIS RESULTS: Q1 🔸 ADJ EPS $1.76 vs. $1.22 y/y, EST $1.42 🔸 Revenue $24.69B, +4.8%…
📰 $AMD – EU Starts Reviewing AMD’s $5 Billion ZT Systems Server Builder Deal EU Sets March 12 Deadline to End First Probe of Deal EU: AMD, ZT Systems Notify Merger Plans for EU Review
$AMD – EU Starts Reviewing AMD’s $5 Billion ZT Systems Server Builder Deal EU Sets March…
📰 $UBER $GOOGL – UBER: TO LAUNCH WAYMO ROBOTAXIS EXCLUSIVELY ON UBER APP IN AUSTIN
$UBER $GOOGL – UBER: TO LAUNCH WAYMO ROBOTAXIS EXCLUSIVELY ON UBER APP IN AUSTIN