1) Netflix $NFLX Shaking Up Disney & Other Media Companies
Disney, Comcast, CBS and other traditional media companies are frustrated that investors have given Netflix (domain: netflix.com) a seemingly unfair advantage: the more Netflix spends on content, the more its shares go up. CNBC's Alex Sherman explains how Netflix's strategy is shaking up traditional media companies. CNBC.com video above published Jun 13, 2018.
Netflix, Inc. is a entertainment company, headquartered in Los Gatos, California, founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California. Netflix is reportedly the world's 10th-largest internet company by revenue.
NASDAQ: NFLX:
$NFLX |
2) Amazon, Apple, Google, Microsoft--The Big Tech 4 in Market Cap & Brand Value:
Apple $AAPL Leads the Race to $1 Trillion Market Capitalization:
source: Statista.com
Apple, Amazon, Google (Alphabet), Microsoft: Apple is still winning the "market cap race" (above), but Google edged out Apple as the "World's Most Valuable Brand" (below).
source: Statista.com
3) Investing
The Week: NASDAQ Composite +1.3% | S&P 500 Index +0.01% | DJIA -0.9%
Wall Street's Charging Bull
Investing Notes:
- Fed Rate Increase--"... with the rest of the world still on negative or zero interest rates, then money continues to pour into [U.S.] Treasuries making the ballooning deficit a SEPT (Someone Else’s Problem Tomorrow) ..."--Bill Blain.
- EU & Eurozone: The G7 Summit Highlights Western Leaders' Hypocrisy and Vulnerability--ZeroHedge.com: "Other countries pretend to be interested in free trade; in reality they only care about their own advantage..." Also Mario Draghi Might Never Get to Raise Rates at the ECB | Bloomberg.com 14 June 2018: ECB president dashes expectations for tightening early in 2019, new policy guidance is dovish even as bond-buying program ends. See also Capital Flight To Germany: "most likely outcome is a destructive breakup of the eurozone, starting in Italy or Greece."--ZeroHedge.com
- Emerging Markets: Massive Argentine Peso Plunge Deepens Emerging-Market Selloff | Bloomberg.com. See also Emerging Markets Massacred As Dovish Draghi Sends Dollar Soaring--ZeroHedge.com.
- Bitcoin is ‘the last thing I’d want to own’ if the grid goes down, says famed short seller Jim Chanos--MarketWatch.com. See also Crypto Collapse Accelerates As Bitcoin Miners Turn Cashflow Negative: "market manipulation during last year's meltup and collapsing margins for miners as prices tumble below breakevens"--ZeroHedge.com. See also New York Times: Researchers say campaign of price manipulation using Tether via Bitfinex may have accounted for at least half of the increase in the price of Bitcoin last year.
4) ICYMI Tech News:
- Elon Musk Outlines How His Chicago ‘Loop’ Transport Will Work | Bloomberg.com: "Elon Musk’s Boring Co. got the green light to work on a project connecting downtown Chicago to O’Hare International Airport, its first major city contract. The plans represent both a victory for the 18-month-old startup and a reality check for the billionaire."
- Amazon major reorganization, the retail veterans who once decided what to sell on the site have lost out to the marketplace data scientists--Amazon’s Clever Machines Are Moving From the Warehouse to Headquarters | bloomberg.com.
- Biggest winner in the AT&T-Time Warner merger? Time Warner CEO Bewkes could receive $434 million ’platinum parachute’--MarketWatch.com. Editor's note: just more incentive for more vertical M&A yet to come in tech, telecom, and media.
-- John Poole, Editor, Domain Mondo
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