Netflix falls 12% after falling short by a couple million new subscribers. Domino’s same-store sales come in low. Amazon sells more than 175 million items on Prime Day. Blue Apron and eBay both hit a 52-week high. And Wall Street’s big banks post their latest results. Emily Flippen, Ron Gross, and Jason Moser analyze those stories and share why they’re keeping an eye on Chipotle, Hasbro, and Boston Beer. Plus, media & entertainment industry analyst Tim Beyers gives his headline for this year’s San Diego Comic-Con and weighs in on the increasingly competitive video streaming wars.
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“One of the time-honored traditions of investors is to play the role of skeptic.” Even in October 2000, when his company’s stock had fallen 50% in less than a year, Amazon founder Jeff Bezos was able to see profitability in the days ahead.
Goldman Sachs, JP Morgan, and Morgan Stanley hit 52-week highs but Wells Fargo slips. The National Retail Federation reports healthy holiday spending but Target tumbles on disappointing sales numbers. Gap decides not to spin off Old Navy. And Visa makes a big purchase. Motley Fool analysts Emily...
Costco reports some holiday cheer thanks to the strong trifecta of toys, candy, and alcohol. Bed Bath & Beyond sinks. Lennar raises the roof. And Grubhub delivers a denial. Motley Fool analysts Andy Cross, Emily Flippen, and Ron Gross discuss those stories and weigh in on the latest from...