"We are less certain that studios will wait for the perfect date to release their films — as that perfect date may never arrive," says Eric Wold."And if studios are concerned around the health of their exhibitor partners, they may not choose to wait much longer."
He also argued that a gradual opening of cinemas, starting in markets where that is possible, could "bolster sentiment" amid investors. The analyst in his report highlighted that he has in recent months expressed "concerns around a state of flux for the second-half 2020 film release calendar and the inability of major exhibition chains to reopen theaters profitably without new film content."
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Credit Suisse cuts U.S. stocks to underweight, upgrades European markets on pandemic responseNew for subscribers: Credit Suisse cuts U.S. stocks to underweight, upgrades European markets on pandemic response Check out CNBCPro for a free trial. Pro Market is reacting to testing. Yes we test more thus more cases however Cure eft holding up, QQQ hit our stops today, SPY is up for now....SQQQ is opposite udow wich is up, utilities stagnent, defensive staples not mirroring mrkt. Sorry no space 2 type. StayAtHome buy QQQ Pro Dumb, if consumer spending drops in US then Europe will hurt too. Asia can’t make up all the lost travel revenue Pro Evidence is showing up in Florida that the books are being cooked. Tests pending results have been listed as probable for COVID19 skewing the Data. The numbers being released feed fear more than they help scientists. tt:VP PressSec CDCgov DrBirx DrFauci
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
Stocks are resilient because investors have been braced for much worse COVID-19 news, says strategistStocks will be resilient to COVID-19, according to this strategist, because of the Fed's help, the cost cutting happening across every industry and the anticipation of a V-shaped recovery. So, my question is, with the S&P down a paltry 1% YTD, are we really only 1% worse off than we were on January 1? My gut tells me no, and this house of cards the market has constructed will not end well. Because the pandemic will, eventually, end and life and business will go on.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »
Tech stocks push Europe lower after Wall Street tumblesEuropean stocks opened lower on Tuesday, hit by a drop overnight on Wall Street following a flare-up in U.S.-China tensions and new coronavirus restrictions. I’d need to know how we transition from natural gas to wind. That’s it.
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »
Stocks slam into reverse as California dials back reopeningA big early gain for stocks suddenly flipped to losses after Gov. Gavin Newsom ordered new restrictions to quell a surge in coronavirus cases. Still very hard to belive anyone didn't see this coming.
مصدر: latimes - 🏆 11. / 82 اقرأ أكثر »
Asia Pacific stocks set to trade lower; investors await China's June trade dataStocks in Asia Pacific were set to decline at the Tuesday open, ahead of the release of China's trade data for June.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
Stocks making the biggest moves after hours: Tesla, BioNTech, Moderna and moreSee which stocks are posting big moves after the bell. Short Tesla to $750
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »