Latest news with #LightRocket
Forbes
5 days ago
- Forbes
Is Reddit Down? Company Says It Is Investigating Outage
Reddit said it is 'investigating elevated site errors' Wednesday after tens of thousands of users reported on they are having issues accessing the social media platform. More than 100,000 users reported a Reddit outage on by noon EDT on Wednesday. ... More (Photo Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Reddit users began reporting an outage at about 11:40 a.m. EDT on Wednesday, which swiftly spiked to more than 100,000 reports around noon. Reddit did not specify a reason for the outage, but made a post on X at 11:52 a.m. EDT saying it is 'currently investigating this issue.' Forbes has reached out to Reddit for comment. This is a breaking story. Check back for updates.
Forbes
5 days ago
- Business
- Forbes
Buy PepsiCo Stock Ahead Of Its Upcoming Earnings?
GERMANY - 2024/12/20: In this photo illustration, Pepsi cans are displayed. (Photo Illustration by ... More Igor Golovniov/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images PepsiCo (NASDAQ:PEP) is set to reveal its earnings on Thursday, July 17, 2025. For traders focused on events, analyzing historical stock performance around earnings announcements can provide a strategic edge, although actual outcomes compared to consensus expectations will be the primary factor influencing stock movement. In the past, PEP stock has demonstrated a significant trend of positive one-day returns after earnings reports. During the last five years, the stock increased on the day following earnings in 78% of occurrences, registering a median positive return of 1.5% and a peak one-day gain of 3.6%. Traders may consider two strategies for this upcoming event: Pre-earnings positioning: Based on historical probabilities, traders might look to establish a position before the earnings announcement. Based on historical probabilities, traders might look to establish a position before the earnings announcement. Post-earnings positioning: Evaluate the relationship between immediate and medium-term returns following the earnings announcement to guide trading strategies. Current consensus forecasts anticipate PepsiCo will post earnings of $2.03 per share with revenues of $22.3 billion. This figure is lower than the earnings of $2.28 per share on sales of $22.5 billion from the same quarter last year. From a fundamental standpoint, PepsiCo possesses a market capitalization of $186 billion. Over the previous twelve months, the company achieved $92 billion in revenue, with $13 billion in operating income and a net profit of $9.4 billion, reflecting robust operational profitability. In addition, if you're looking for upside with less volatility compared to individual stocks, the Trefis High Quality portfolio offers a viable alternative — having surpassed the S&P 500 and delivering returns exceeding 91% since its inception. Furthermore, see – Trump's Russia Math, Simplified See earnings reaction history of all stocks PepsiCo's Historical Odds Of Positive Post-Earnings Returns Key points concerning one-day (1D) post-earnings returns: There are 18 earnings data points recorded over the last five years, with 14 positive and 4 negative one-day (1D) returns noted. In summary, positive 1D returns were witnessed approximately 78% of the time. and one-day (1D) returns noted. In summary, positive 1D returns were witnessed approximately 78% of the time. Interestingly, this percentage rises to 82% when only considering data from the last 3 years instead of the past 5. The median of the 14 positive returns is 1.5%, while the median of the 4 negative returns is -1.1% Additional observations for the 5-Day (5D) and 21-Day (21D) returns after earnings are condensed with the statistics in the table below. PEP 1D, 5D, and 21D Post Earnings Return Trefis A relatively lower-risk approach (though ineffective if the correlation is weak) is to grasp the connection between short-term and medium-term returns following earnings, identify the pair with the strongest correlation, and execute the corresponding trade. For example, if 1D and 5D show the strongest correlation, a trader may position themselves as 'long' for the next 5 days if the 1D post-earnings return is positive. Here is some correlation data based on both 5-year and 3-year (more recent) history. Note that the correlation 1D_5D denotes the connection between 1D post-earnings returns and the subsequent 5D returns. PEP Correlation Between 1D, 5D and 21D Historical Returns Trefis Is There Any Correlation With Peer Earnings? At times, the performances of competitors can alter the stock reactions following earnings. In reality, the pricing may begin even before the earnings are released. Below is historical data showcasing the post-earnings performance of PepsiCo stock in relation to the stock performances of peers that reported earnings just prior to PepsiCo. For an equitable comparison, peer stock returns also represent post-earnings one-day (1D) returns. PEP Correlation With Peer Earnings Trefis Discover more about Trefis RV strategy that has surpassed its all-cap stocks benchmark (a combination of the S&P 500, S&P mid-cap, and Russell 2000), resulting in strong returns for investors. In addition, if you desire upside with a gentler experience than an individual stock like PepsiCo, consider the High Quality portfolio , which has outperformed the S&P and achieved over 91% returns since its inception.
Metro
6 days ago
- Entertainment
- Metro
7 of the best new movies to stream on Netflix, Apple TV and Amazon Prime
Caroline Westbrook Published July 14, 2025 4:17pm Link is copied Comments Looking for something new to watch? Given the time of year there's no shortage of blockbuster movies taking up space on our cinema screens - but what if you're looking to stream something in the comfort of your own home? Well, the good news is that Netflix, Apple TV+ and Amazon Prime Video have got you covered. From recent cinema releases through to original content, our favourite streaming platforms aren't letting a heatwave get in the way of bringing you some equally hot new content. Why not try one of these seven recent releases tonight? (Picture: Thomas Fuller/SOPA Images/LightRocket via Getty Images) This German sci-fi thriller might not have had the best reviews, but that hasn't stopped it being a huge hit with viewers, with Comic Book Resources reporting that it soared to the top of the global film charts just two days after its release. Brick follows couple Tim and Olivia, who find themselves trapped in their apartment block after a mysterious, impenetrable brick wall springs up outside their door. When they discover their neighbours are facing the same fate they are forced to work together to find an escape route - and figure out just what is going on (Picture: Sasha Ostrov) Tyler Perry's on a roll at the moment following the enormous success of his psychological thriller Straw - but his latest release for Netflix couldn't be more different. The actor/director is once again slipping into the role of mouthy matriarch Medea, this time heading to the Bahamas, as the daughter of Madea's nephew Brian (also played by Perry) prepares to tie the knot with a rapper. Plenty of slapstick and hi-jinks ensue, along with a healthy dose of heartwarming family drama (Picture: Perry Well Films 2/Netflix) Moving on, here's a franchise most of us will recognise in an instant. It's been around since the mid-80s after all. This movie, the sixth instalment in the series, follows kung fu prodigy Li Fong (Ben Wang) as he moves to New York with his mother, only to find himself at odds with a local karate champion. Thankfully the original Karate Kid, Daniel LaRusso (Ralph Macchio) and kung fu master Mr Han (Jackie Chan) are on hand to help. A nostalgic treat for fans of the original, and a great intro to the series for those too young to remember it (Picture: CTMG/Sony Pictures/Jonathan Wenk) Moving on to Amazon Prime Video, here's a fun action thriller boasting a string of familiar faces - notably Idris Elba and John Cena. The pair play, respectively, the UK Prime Minister and the US President, who are locked in a public rivalry that might just threaten the 'special relationship' of the two countries. Until Air Force One is shot down over enemy territory and they end up having to join forces to save the world from a global conspiracy (Picture: Amazon Content Services LLC) If you're a fan of U2 this is one you won't want to miss - and even if the Irish rockers aren't your cuppa this documentary film still makes for compelling viewing. Stories of Surrender brings Bono's 2023 one-man show at New York's Beacon Theatre to the screen, as the U2 frontman performs some of his classic hits and talks candidly about his life, faith and personal relationships. Shot in black and white, the movie received a seven-minute standing ovation when it premiered at Cannes earlier this year. And if that's not enough to convince you we don't know what is (Picture: AP) Wes Anderson's latest effort has landed on streaming just weeks after it was released in cinemas, and it's another gem from the quirky cult director, full of dazzling visuals, eccentric characters and some very familiar faces. Benicio del Toro takes the lead as Zsa Zsa Korda, one of the richest men in Europe who tries to mend his relationship with his only daughter (Mia Threapleton) while at the same time embarking on a new enterprise, one fraught with peril. The likes of Riz Ahmed, Michael Cera, Scarlett Johansson, Bryan Cranston, Richard Ayoade, Jeffrey Wright and Benedict Cumberbatch all show up to join in the fun (Picture: AP) The Trainwreck series has been keeping us all hooked in recent weeks, covering everything from the infamous Carnival 'poop cruise' of 2013 to the Travis Scott Astroworld disaster, and the rise and fall of American Apparel. And here's another jaw-dropper. Project X refers to an incident in the small Dutch town of Haren in 2012, when a teenage girl planning her 16th birthday party on Facebook accidentally made the invite public. Cue the inevitable mayhem as it went viral and thousands of uninvited guests showed up (Picture: Netflix)
CNET
10-07-2025
- CNET
Outlook Down: Microsoft Confirms Email Outage, Working on Fix
Microsoft confirmed Outlook is having problems. Thomas Fuller/SOPA Images/LightRocket via Getty Images If you're having difficulty accessing your email right now, you're not alone. Microsoft confirmed on Thursday that it's experiencing issues with its email service Outlook. Some Outlook users have been experiencing trouble accessing Outlook either through the web browser, mobile app or desktop client. The problems actually seemed to begin around 5 p.m PT on Wednesday, according to Downdetector, but started to pick up significantly around 2 a.m. PT on Thursday (Downdetector is owned by the same parent company as CNET, Ziff Davis). "Users may be unable to access their mailbox using any connection methods," said Microsoft in a service status update.
Forbes
08-07-2025
- Business
- Forbes
How To Trade Bank of America Stock Ahead of Earnings?
MANHATTAN, NEW YORK, UNITED STATES - 2025/06/02: Sign at the entrance to a Bank of America branch in ... More Midtown Manhattan. (Photo by Erik McGregor/LightRocket via Getty Images) LightRocket via Getty Images Bank of America (NYSE:BAC) is anticipated to announce its earnings on Wednesday, July 16, 2025. Consensus predictions indicate revenues of approximately $26.77 billion for the quarter, reflecting a 5.5% increase year-over-year, while earnings are expected to be around $0.87 per share, rising from $0.83 in the same period last year. The company may experience a boost in its net interest income (NII) — the difference between interest accrued on loans and interest paid on deposits — due to reduced deposit costs and assets yielding higher returns. Nevertheless, the investment banking sector could negatively impact overall performance, with the bank suggesting that revenue from this segment may decline by as much as 25% in Q2, as deal activity likely slowed owing to policy uncertainties surrounding tariffs. Bank of America has a current market capitalization of $374 billion. Revenue over the past twelve months was $103 billion, and it reported an operational loss with a net income of $28 billion. However, if you are looking for upside potential with lower volatility compared to individual stocks, the Trefis High Quality portfolio serves as an alternative — having outperformed the S&P 500 and achieved returns exceeding 91% since its inception. View earnings reaction history of all stocks Bank of America's Historical Odds Of Positive Post-Earnings Return Here are some observations regarding one-day (1D) post-earnings returns: There are 20 recorded earnings data points from the last five years, with 12 positive and 8 negative one-day (1D) returns noted. In summary, positive 1D returns occurred about 60% of the time. and one-day (1D) returns noted. In summary, positive 1D returns occurred about 60% of the time. Notably, this percentage rises to 75% when examining data from the last 3 years instead of the last 5. The median of the 12 positive returns is 2.9%, while the median of the 8 negative returns is -2.6% Additional data for observed 5-Day (5D) and 21-Day (21D) returns following earnings are summarized alongside the statistics in the table below. BAC 1D, 5D, and 21D Post Earnings Return Trefis A comparatively less risky strategy (even though it may not be applicable if the correlation is low) is to investigate the correlation between short-term and medium-term returns following earnings, identify the pair with the highest correlation, and execute the corresponding trade. For instance, if 1D and 5D exhibit the highest correlation, a trader can position themselves 'long' for the next 5 days if the 1D post-earnings return is favorable. Below is some correlation data based on 5-year and 3-year (more recent) history. Note that the correlation 1D_5D refers to the connection between 1D post-earnings returns and the subsequent 5D returns. BAC Correlation Between 1D, 5D, and 21D Historical Returns Trefis Discover more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (which includes the S&P 500, S&P mid-cap, and Russell 2000), achieving substantial returns for investors. Additionally, if you desire upside potential with a smoother experience than an individual stock such as Bank of America, explore the High Quality portfolio , which has consistently outperformed the S&P and generated >91% returns since its inception.
