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What to expect in the week ahead(TTWO, TWTR, DIS, UBER)

Moomoo News ·  Feb 7, 2021 09:06  · Most Read

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By Eric

S&P 500 contracts gain slightly in the weekend after the U.S. benchmark closed at record on Friday. 

Source: Bloomberg

Weekly market recap

Source: moomoo

  • Here's a look at the returns of S&P 500 sectors year to date:

Source: jhinvestments

The week ahead in focus

Here are the most anticipated earnings releases, IPOs and economic events for the week ahead:

Earnings season continues this week as another slate of big names report earnings. Tech titans weigh in with $Take-Two Interactive Software Inc(TTWO.US)$, $Twitter Inc(TWTR.US)$, $Lyft Inc(LYFT.US)$$UBER TECHNOLOGIES INC(UBER.US)$$General Motors Co(GM.US)$$Coca-Cola Company(KO.US)$, and $Walt Disney Company(DIS.US)$ all reporting earnings. 

  • As of Dec. 2, Disney+ had 86.8 million paid subscribers, and Disney expects that figure to balloon to 230 million to 260 million by the end of 2024. Including Hulu and ESPN+, total world-wide direct-to-consumer subscribers should reach 300 million to 350 million by the end of 2024.

    Can Disney+ maintain its torrid pace to sustain the Magic Kingdom?

Especially for readers preferring Chinese:

*Weekly US Market Recap and Outlook by 2/7.

Source: Jhinvestments, Bloomberg

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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Comment(3)

  • user-avatar

    personally think Disney is overestimating the subscribers they'll be getting. don't see it getting that big

    Feb 7, 2021 21:54
  • user-avatar

    Yes Disney will... overcome and it is always a good investment!

    Feb 8, 2021 00:10
  • user-avatar

    Uber future

    Feb 8, 2021 00:11

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