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☆ What is shrinkflation? Here’s why consumers may be getting less for their money
▼ + stars: | 2024-03-17 | by ( Lorie Konish | ) www.cnbc.com time to read: +5 min

Pixelseffect | E+ | Getty ImagesSome grocery store products are providing less for your money. At the State of the Union, he again took a stand against shrinkflation, complaining that Snickers bars have become smaller. on X earlier this month, the White House responded, "C is for consumers getting ripped off." Where consumers may see shrinkflationFor now, it's up to consumers to spot the changes companies may make to their products. Why critics say shrinkflation is the wrong focusWhile shrinkflation is now under the political spotlight, not all experts agree the emphasis is correctly placed.

Persons: Joe Biden, Cookie, Biden, hasn't, Cookie Monster, Mara Weinraub, Weinraub, Shrinkflation, shrinkflation, Veronique de Rugy, de Rugy, David Doyle, Justin Sullivan Organizations: State, Union, shrinkflation, White, Federal Trade Commission, FTC, of Labor, Finance, Social, Federal, Labor Statistics, of Labor Statistics, George Mason University, Costco, Getty Locations: U.S, California, Macquarie, Novato , California

☆ We're at the start of a huge AI investment cycle, says BofA's Ohsung Kwon
▼ + stars: | 2024-03-15 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're at the start of a huge AI investment cycle, says BofA's Ohsung KwonThierry Wizman, Macquarie global interest rates & currencies strategist and Ohsung Kwon, Bank of America senior U.S. equity strategist, join 'Closing Bell Overtime' to talk the day's market action.

Persons: BofA's Ohsung Kwon Thierry Wizman, Ohsung Kwon Organizations: Bank of America Locations: Macquarie

☆ Too early for AI productivity to save the U.S. from secular stagnation
▼ + stars: | 2024-03-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's still too early for AI-related productivity gains to save the U.S. from secular stagnationViktor Shvets of Macquarie Capital says that the U.S. will continue to need fiscal and monetary stimulas in order for the economy to grow and that productivity gains from AI are still 5 to 10 years away.

Persons: Viktor Shvets Organizations: Macquarie Capital Locations: U.S

☆ 2024 is the year of the rate cut pivot — here's when the world's central banks will budge
▼ + stars: | 2024-03-13 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +6 min

EIU also expects the Bank of Japan will exit its negative interest rate policy in the second quarter. Markets currently expect the Fed to start with a 25-basis-point rate cut in June. Euro zoneThe European Central Bank last week also held its policy rate at a record high of 4%, signaling that it won't cut rates before June. JPMorgan said in a research note that the Turkish central bank may cut its policy rate in November and December, keeping its year-end policy rate forecast of 45%. IndonesiaIndonesia's central bank kept its benchmark policy rate at 6% in its recent meeting.

Persons: EIU, Jerome Powell, LSEG, Nomura, Perry Warjiyo, CNBC's JP Ong, BOK, Goldman Sachs, Goohoon Kwon, Kwon Organizations: Getty, Economist Intelligence Unit, Bank of Japan, United, United States U.S, Federal, Fed, European Central Bank, ECB, Swiss National Bank, UBS, Bank of Canada, Bank of, JPMorgan, Reserve Bank of, ANZ, New Zealand Auckland Savings Bank, Bank, Bank Indonesia, BMI, Fitch Solutions, U.S, Oxford Economics, Macquarie Locations: Czech, China, Japan, United States, Switzerland Swiss, Bank of Canada, Turkey, Turkish, Reserve Bank of Australia, New, Indonesia, South Korea, Asia

☆ OPEC likely to extend cuts throughout rest of year: Strategist
▼ + stars: | 2024-03-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPEC is 'pretty likely' to extend oil production cuts throughout the rest of the year: StrategistVikas Dwivedi, global oil and gas strategist at Macquarie Group, says that's because "without the cuts, OPEC gets in a bit of a jam."

Persons: Vikas Dwivedi Organizations: OPEC, Macquarie Group

☆ Here’s the inflation breakdown for February 2024 — in one chart
▼ + stars: | 2024-03-12 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

Inflation is down from its hottest point in 2022, but is still warm, considering the Federal Reserve's 2% inflation target. Real wages are on the rise, said Hamrick, which means people are seeing wages adjusted for inflation. When interest rates may subsideOne factor that affects how well Americans are doing — for better or for worse — is interest rates. The Federal Reserve is expected to cut interest rates this year, after having executed a series of rate increases to tamp down inflation. "We don't perceive there to be like an imminent pressure on the Fed to cut rates," such as a recession or sudden rise in unemployment, Doyle said.

Persons: Elijah Nouvelage, Mark Hamrick, David Doyle, Doyle, Hamrick Organizations: Kroger, AFP, Getty, Bureau of Labor Statistics, Federal Reserve, Federal Locations: Atlanta, Macquarie

☆ Here are Tuesday's biggest analyst calls: Apple, Tesla, Coinbase, Sony, Oracle, FedEx, Nike, Carvana & more
▼ + stars: | 2024-03-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

"We initiate coverage on Regeneron with an Outperform rating and $1,125 price target." Canaccord reiterates MicroStrategy as buy Canaccord raised its price target on the crypto company to $1,810 per share from $975. "We are initiating coverage of The New York Times with a Buy rating and a $52 target price. "DG – Upgrading to Neutral Raising Price Target to $158." "We are initiating coverage of Central Garden & Pet ( CENT) with a BUY rating and $52 price target."

Persons: Bernstein, Morgan Stanley, Tesla, it's, optionality, Canaccord, Goldman Sachs, PDD, Goldman, Jefferies, underperform Jefferies, Raymond James, underperform Raymond James, Argus, Evercore, William Blair, Goldman Sacks Organizations: Citi, New York Times, Nike, JPMorgan, RBC, Bank of America, Apple, Oracle, Central, FedEx, Macquarie, Sony Locations: China

☆ We expect the Bank of Japan to exit negative rates in April: Macquarie Group strategist
▼ + stars: | 2024-03-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe expect the Bank of Japan to exit negative rates in April: Macquarie Group strategistThierry Wizman, global interest rates and currencies strategist at Macquarie Group, discusses how wage growth in Japan could affect the central bank's monetary policy.

Persons: Thierry Wizman Organizations: Bank of Japan, Macquarie Group Locations: Japan

☆ Gold prices could keep climbing — but analysts expect silver to steal the show before long
▼ + stars: | 2024-03-11 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

A record-breaking rally for gold may yet continue, particularly as investors position for interest rate cuts — but analysts say silver appears well placed to outshine the yellow metal in the second half of the year. Spot gold prices on Monday edged higher to $2,178 per ounce, after settling at their highest since 1979 on Thursday last week. Spot silver prices, meanwhile, were last seen up 0.2% at $24.36 per ounce at 6:24 a.m. London time (1:24 a.m. Precious metal prices have pushed higher in recent weeks amid growing expectations of U.S. interest rate cuts. Gold, which is typically considered a "safe haven" asset at times of financial uncertainty, has rallied despite high interest rates and a relatively strong U.S. dollar.

Persons: Jerome Powell, Marcus Garvey, CNBC's Organizations: Macquarie Locations: London

☆ It's a do-or-die moment for debt-riddled Warner Bros. Discovery's live-sports strategy as it vies for NBA rights
▼ + stars: | 2024-03-08 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

WBD generated $6.2 billion of free cash flow through 2023 and likely shelled out around $1.4 billion of that for NBA games. Analysts estimate that figure would be closer to $2 billion if WBD re-ups its NBA package. WBD wants a big NBA deal, despite Wall Street's wishesSixteen months ago, Zaslav said WBD didn't "have to have" the NBA. NBA ratings have been lackluster lately, with national TV games averaging 1.6 million viewers in the last two seasons. Zaslav's latest public remarks on the NBA negotiations reflect that.

Persons: —, Shaquille O'Neal, Charles Barkley, Tim Nollen, Max, Jason Bazinet, WBD, David Zaslav, it's, Jessica Reif Ehrlich, Wall, Zaslav, John Hodulik, Chuck, Ernie Johnson Organizations: Service, Basketball Hall of Famers, NBA, TNT, ESPN, Warner Bros, Business, Media, Amazon, NBC, Comcast, Apple, Netflix, WWE, Macquarie, Disney, Fox, Cable, Citigroup, Warners, of America, Street, Zaz, UBS Locations: Shaq

☆ Gold extends rally to hit new record as Powell hints at rate cut in 2024
▼ + stars: | 2024-03-07 | by ( ) www.cnbc.com time to read: +2 min

Gold prices rallied to hit new records on Thursday, on track for their seventh consecutive daily rise, led by weak U.S. economic data and Federal Reserve Chair Jerome Powell's indications of potential rate cuts in the coming months if inflation eases. Spot gold rose 0.5% to $2,159.79 per ounce, as of 0432 GMT, after hitting an all-time high of $2,161.09 earlier in the session. Gold got a boost on Wednesday after Powell indicated that interest rate cuts were likely in the coming months "if the economy evolves broadly as expected," along with further evidence of falling inflation. Hence, in an uncertain financial environment, gold will remain safe investment for banks," said Jigar Pandit, head of commodity and currency business at BNP Paribas' Sharekhan. Spot silver rose 0.4% to $24.25, while platinum fell 0.1% to $906.82 per ounce, and palladium slipped 0.8% to $1,033.44.

Persons: Jerome, Marcus Garvey, Gold, Powell, Powell's, Macquarie's Garvey, Jigar Pandit Organizations: Federal, Macquarie, Treasury, BNP Locations: U.S, China, Turkey, Russia, Poland

☆ Sports Gambling Was a Gateway Drug to Online Gambling and the Lottery
▼ + stars: | 2024-03-03 | by ( Emily Stewart | ) www.businessinsider.com time to read: +10 min

As the prevalence of online betting grows, there's plenty of revenue to be had. The more people gamble — and the more culturally acceptable gambling becomes — the more possibility gambling addiction becomes a bigger issue. Of course, as fun as sports gambling is — as is gambling in general — it has some serious downsides for society. According to the National Council on Problem Gambling, 2 million Americans have a severe gambling problem, and another 4 million to 6 million a mild or moderate problem. The more people gamble — and the more culturally acceptable gambling becomes — the more possibility gambling addiction becomes a bigger issue.

Persons: Lia Nower, DraftKings, Jason Robins, iGaming, Robins, DraftKings isn't, —, West Virginia —, Chad Beynon, Benyon, they're, Nower, Chris Grove, Grove, There's, let's, I've, legalizes iGaming, Emily Stewart Organizations: Knicks, Sports, Disney, American Gaming Association, NBA, NFL, Center for Gambling Studies, Rutgers University, Golden Nugget, Caesars, MGM, Macquarie, Companies, Atlantic City, Acies Investments, EKG Ventures, Vegas, National Council, Business Locations: Washington, Boston, Dublin, — New Jersey , Connecticut, Delaware , Michigan, Rhode Island , Pennsylvania, West Virginia, New York, Atlantic, New Jersey, Jackpocket, America

☆ Snowflake shares drop 20% on CEO's retirement, weak guidance
▼ + stars: | 2024-02-29 | by ( Alex Koller | ) www.cnbc.com time to read: +2 min

Snowflake said its first-quarter product revenue will total between $745 million and $750 million, compared to analysts' estimates of $759 million, per StreetAccount. The company said adjusted operation margin in the first quarter will be 3%, below the 7.2% analysts expected. mitigate C-suite uncertainty," the analysts wrote to investors in a Thursday memo. The company shut down its product and was acquired by Snowflake for $185 million last year. Before Slootman's tenure, Snowflake was helmed by former Microsoft executive Bob Muglia until his sudden ousting in April 2019.

Persons: Snowflake, Frank Slootman, Sridhar Ramaswamy, Slootman, Morgan Stanley, Ramaswamy, Bob Muglia, — CNBC's Michael Bloom, Jonathan Vanian Organizations: Google, Macquarie Equity Research, Microsoft, CNBC PRO Locations: Snowflake

☆ Here are Thursday's biggest analyst calls: Tesla, Apple, Microsoft, Delta, Disney, Snowflake, Okta, Salesforce & more
▼ + stars: | 2024-02-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Goldman Sachs reiterates Salesforce as buy Goldman said it's standing by its buy rating following the company's robust earnings report on Wednesday. "Multiple high-profile catalysts should double revs by FY28 & support an Outperform rating with a $54 PT." "We initiate coverage of Gates Industrial (GTES) with a Buy rating and $21 price target. The more aggressive stance follows a near week long sell-off in COLD shares following 4Q results and initial 2024 guidance." Goldman Sachs reiterates Microsoft as buy Goldman said it's standing by its buy rating after a meeting with Microsoft investor relations.

Persons: Jefferies, Roth, Roth MKM, Morgan Stanley downgrades Snowflake, Morgan Stanley, Goldman Sachs, Salesforce, Goldman, it's, TD Cowen downgrades Macy's, Telsey, TD Cowen, Wells, Needham, " Jefferies, Tesla, Coupang, Baird, Cantor Fitzgerald, Cantor, Gates, Piper Sandler, Piper, Raymond James, William Blair, Gordon Haskett downgrades, Haskett, Frank Slootman's Organizations: Jefferies, Barrick Gold, NEM, UBS, Apple, Mar, Bitdeer Technologies, BTC, Citi, United Airlines, Delta, Delta Air Lines Inc, DAL, Deere & Company, American Airlines Citi, Catalyst Watch, Reliance, Star India, JV, UBS downgrades Republic Services, Downside, RBC, Xenia Hotels, Resorts, Deutsche Bank, Deutsche, Products, Gates, NTR, LXU, UW, Bank of America, underperform Bank of America, Realty Trust, Fidelity, Korn, Microsoft, Macquarie Locations: U.S, China, American's, DIS's, Xenia, Federal, Korea

☆ There is a 'slightly postive skew' on oil demand for the first time in a while, strategist says
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere is a 'slightly postive skew' on oil demand for the first time in a while, strategist saysVikas Dwivedi, global energy strategist at Macquarie Group, discusses the state of energy markets, saying they've become used to the idea that geopolitical tension does not always mean oil barrels will be lost.

Persons: Vikas Dwivedi, they've Organizations: Macquarie Group

☆ Why India’s economy under Modi offers a real alternative to China
▼ + stars: | 2024-02-26 | by ( Diksha Madhok | ) edition.cnn.com time to read: +9 min

The market value of companies listed on India’s exchanges crossed $4 trillion in late November. But the country is stuck in recession and recently lost its position as the world’s third biggest economy to Germany. While interest in the world’s fifth largest economy is rising, the lofty prices of India’s stocks are scaring some international investors away. According to Macquarie, retail investors alone own 9% of India’s equity market value versus foreign investors at slightly under 20%. China “has a few too many companies which are $100 and $200 billion plus [in value],” Mittal said.

Persons: Peeyush Mittal, there’s, ”, Mittal, They’ve, Narendra Modi, Indranil Mukherjee, Jefferies, “, MSCI, Aditya Suresh, Modi’s, Modi, there’ll, ” Suresh, shoring, Hubert de Barochez, Elon Musk, India “, ” Musk, Suresh, Satish Babu, China “, ” Mittal, Priyanka Agnihotri, Nirmala Sitharaman Organizations: New, New Delhi CNN —, Matthews Asia, Getty, Macquarie Capital, Bharatiya Janata Party, Monetary Fund, Jefferies, Capital Economics, Apple, Foxconn, ”, Workers, Chennai Metro Rail, Advisory, Indian Locations: New Delhi, Jaipur, San Francisco, India, China, Shanghai, Shenzhen, Hong Kong, Japan, Germany, Beijing, Washington, “ India, Macquarie, Chennai, Baltimore

NEW YORK (AP) — The maker of ChatGPT is now diving into AI-generated video. The model can also generate video from an existing still image. Getting an AI system to generate videos is newer and more challenging but relies on some of the same technology. Still, industry analysts stress the apparent quality and and impressive length of Sora videos shared so far. Although Sora's abilities have astounded observers since Thursday's launch, anxiety over ethical and societal implications of AI-generated video uses also remains.

Persons: Sora —, Sora isn't, Sam Altman, OpenAI, “, Sora isn’t, Fred Havemeyer, ” Havemeyer, “ You’re, — Forrester, Rowan Curran, Curran, “ We’re, Sora, ” OpenAI’s, Anna Makanju, Sora “, ________________ O'Brien Organizations: San Francisco, Meta, Associated Press, ” Tech, European Union, Munich Security Conference, OpenAI, Microsoft, The New York Times Locations: San, Macquarie, Providence , Rhode Island

— Alex Harring 6:46 a.m.: HSBC sees Snowflake pulling back after rally Snowflake's good news has already been priced in with a recent rally, according to HSBC. Analyst Sara Russo upped her price target by $26 to $72, now implying a smaller downside of 43%. — Alex Harring 6:05 a.m.: Macquarie moves to sidelines on Sony There's reasons for pause on Sony , Macquarie warned. Still, the analyst noted the "many" risks to the stock price, including valuation and if the ETFs become a competitor to Coinbase itself. The bank initiated coverage of the medical technology stock with a buy rating and a price target of $100 per share.

Persons: Ulta, Oppenheimer, Rupesh, Parikh, Alex Harring, Snowflake, Stephen Bersey, Bersey, Bernstein, Sara Russo, Russo, — Alex Harring, Skechers, Jesalyn Wong, Wong, Macquarie, Damian Thong, Thong, deconsolidation, Colin Isaac, Eastman, Isaac, EBITDA, Piper Sandler, Harsh Kumar, Kumar, Kenneth Worthington, Worthington, Sezgi Oezener, Taha Kass, Oezener, Fred Imbert Organizations: CNBC, JPMorgan, HSBC, GE Healthcare, ISI, Distributors, Sony, Macquarie, U.S, Eastman, Eastman Chemical, Nvidia, GE Healthcare HSBC, General Electric, Learning, Amazon, Science & Technology Locations: Wednesday's, Sony's U.S, premarket, Coinbase

☆ Here are Thursday's biggest analyst calls: Apple, Nvidia, Snowflake, Coinbase, Skechers, Tesla, Berkshire Hathaway & more
▼ + stars: | 2024-02-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are Thursday's biggest calls on Wall Street: Macquarie downgrades Sony to neutral from buy Macquarie said it sees a more balanced risk/reward for the entertainment company. "With Sony near our target price and market expectations at risk given lacklustre FY3/25 guidance, we are downgrading to Neutral." Deutsche Bank reiterates Rocket Lab as a top pick Deutsche said it's standing by its bullish status on the space company. " Bank of America initiates Super Micro as buy Bank of America said the server and storage solutions company is an AI beneficiary. Bank of America reiterates Uber as buy Bank of America said it's feeling more bullish after the company's investor day.

Persons: Macquarie, Davidson, DA, Piper Sandler, Piper, KeyBanc, Evercore, Skechers, Price, Bernstein, underperform Bernstein, Redburn, Eastman, Morgan Stanley, Wells, Morgan Stanley downgrades, Guggenheim, Generac, Uber, Tesla, KBW, Berkshire Hathaway Organizations: Macquarie, Sony, JPMorgan, Deutsche Bank, Deutsche, Nvidia, Citi, FedEx, Apple, HSBC, GE Healthcare, GE, Crypto, UBS, Downside, Eastman Chemical, Comcast, Cisco, Cliffs, Steel, " Bank of America, Air Products, of America, Linde, Bank of America, Micro, Inc, Guggenheim, Mizuho, Energy, BMO, CNBC, & $ Locations: Nashville, China, Morgan Stanley downgrades Cleveland

☆ Macquarie Capital: $1.5 billion to be wagered on Super Bowl LVIII
▼ + stars: | 2024-02-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMacquarie Capital expects over $1.5 billion to be wagered on Super Bowl LVIIIChad Beynon of Macquarie Capital shares his predictions that Super Bowl LVIII will have on the sports betting industry.

Persons: Chad Beynon Organizations: Macquarie Capital

☆ An economist who recently forecast 9 rate cuts now predicts only 2 as growth picks up
▼ + stars: | 2024-02-08 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Macquarie economist Danny Doyle said he now expects just two interest rate cuts this year and no recession in 2024 or 2025. Doyle had previously expected as many as nine interest rate cuts just two months ago. One such economist is Danny Doyle, Macquarie's head of economics, who pulled a U-turn on Thursday when he slashed his 2024 interest rate forecast to just two rate cuts of 25 basis points a piece. That's fewer than the Federal Reserve's own forecast of three interest rate cuts this year. Doyle expects the Fed's first interest rate cut to happen at the July FOMC meeting, while the market expects the first interest rate cut to happen in May, according to the CME FedWatch Tool.

Persons: Danny Doyle, Doyle, Macquarie's Organizations: Macquarie, Federal, Federal Reserve, Atlanta Fed's

☆ Here are Thursday's biggest analyst calls: Nvidia, Disney, Tesla, Apple, Walmart, Roblox, American Express & more
▼ + stars: | 2024-02-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are the biggest calls on Wall Street on Thursday: Jefferies reiterates Walmart as buy Jefferies sees a $20 billion AI and automation opportunity for Walmart. Goldman Sachs upgrades Roblox to neutral from sell Goldman upgraded the stock following its earnings report and sees "margin momentum." Needham upgrades Disney to buy from hold Needham upgraded the theme park operator after its earnings report, seeing "strong" earnings per share growth. Morgan Stanley downgrades American Express to equal weight from overweight Morgan Stanley downgraded the credit card stock mainly citing valuation. Wells Fargo reiterates Disney as overweight Wells says it's standing by its overweight rating on the stock following earnings on Wednesday. "

Persons: Jefferies, Morgan Stanley downgrades Hertz, Morgan Stanley, Goldman Sachs, Goldman, Needham, Ally, it's, Wells, Macquarie, BABA, Oppenheimer, Davidson, NYCB, Guggenheim, TD Cowen, Wedbush, Wolfe, Baird, Tesla Organizations: Walmart, Discover, DFS, Barclays, PNM Resources, New, Express, DIS, Six, York Community Bancorp, Guggenheim, UBS downgrades Air Products, UBS, Products, Deutsche Bank, AstraZeneca, Deutsche, Apple, Nvidia Locations: New Mexico, Texas, OW, North America, China, GPRO

☆ BlackRock loses top infrastructure investor to Manulife amid executive shakeup
▼ + stars: | 2024-02-06 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +5 min

Valentine Andrews, 52, will report to Lorentz and lead the firm's "next era of private markets growth," he wrote. She will remain in New York City, where Manulife's private equity and private credit teams are based. Valentine Andrews joined BlackRock in 2014 from Morgan Stanley, where she spent seven years and helped establish the firm's infrastructure-investing platform. She previously worked at Macquarie Bank, the firm known for its infrastructure investments, in Melbourne and New York. "I like to think about living life in chapters," Valentine Andrews wrote in a post on LinkedIn last month.

Persons: CQS, Anne Valentine Andrews, Paul Lorentz, Valentine Andrews, Lorentz, Angelo Gordon, Nuveen, BlackRock, Edwin Conway, Salim Ramji, Vipon, Brian Kernohan, Marc Feliciano, Morgan Stanley Organizations: Manulife Investment Management, Business, BlackRock, Manulife, Investment, Global Infrastructure Partners, TPG, Macquarie Bank, LinkedIn Locations: Toronto, Massachusetts, Manulife, New York City, Melbourne, New York

☆ Netflix has a stranglehold on its competition, but the streaming wars aren't over. Here's how Disney and Amazon could dethrone the dominant streamer.
▼ + stars: | 2024-02-05 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

"Netflix won the streaming wars in 2009 when they started streaming," said Tim Nollen, a media analyst at Macquarie. "I think it's a little bit ridiculous, to be honest," Bazinet said when asked if Netflix has won the streaming wars. AdvertisementHow Hollywood can beat Netflix at its own gameHollywood stalwarts can compete in streaming, Bazinet argued — provided the media industry first consolidates even further. The two biggest threats right now are Disney — which has about 220 million subscribers across Disney+, Hulu, and ESPN+ — and Amazon. Nollen said Amazon would flood the market with cheap ads and crush its competition like it did in e-commerce.

Persons: —, That's, Jason Bazinet, Tim Nollen, They've, Bazinet, overreacted, Jessica Reif Ehrlich, Reif Ehrlich, Nielsen Bazinet, Joe Bonner, Bonner, John Hodulik, Hodulik, I'm, Macquarie's, Nollen, it's Organizations: Service, Netflix, Business, Citigroup, Disney, Paramount, Macquarie, Hollywood, Bank of America, Nielsen, ESPN, Argus Research, Hulu, UBS, Amazon Locations: Hulu

☆ The 'investment clock is broken', look at these markets to get returns
▼ + stars: | 2024-02-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe 'investment clock is broken', look at these two markets to generate returns in 2024Viktor Shvets of Macquarie Capital says business and capital market cycles no longer exist and investors should instead pay attention to markets with strong "secular and productivity drivers".

Persons: Viktor Shvets Organizations: Macquarie Capital

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