• The Profit Boom Will Stumble, and Hobble the Bull

    3 monthes ago - By Fortune

    On Wall Street, the skeptical voices are getting louder. In recent weeks, two top market watchers from the major banks have cautioned that the U.S. stocks will generate puny returns in the years ahead. The major headwind: A slowdown in the earnings express that's been driving double-digit gains, and hence, a fall in the premium investors are willing to pay for a future that's far less promising than the spectacularly-profitable recent past.
    In early June, Tobias Levkovich, chief U.S. market strategist at Citigroup , forecast that the S&P 500 would reach just 2800 by year end, and “the high...
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  • Streaming TV services now reach 5% of U.S. Wi-Fi households, up 58% since last year

    Streaming TV services now reach 5% of U.S. Wi-Fi households, up 58% since last year

    3 monthes ago - By Tech Crunch

    The number of U.S. households watching streaming TV services - those that deliver cable TV-like programming over the internet - has grown a remarkable 58% over last year, according to new data from comScore. However, these services still account for a small portion of the overall market, as only 5 percent of U.S. households with Wi-Fi streamed TV over one of these services in April 2018.
    In citing that number, comScore was specifically looking at what it called “pure-play” vMVPDs (virtual multichannel video programming distributors) - a variation on a fancy industry term that refers to...
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