p>Netflix's world is turning upside down by market declines of 35%.

/p>

p>According to Goldman Sachs analysts, they downgraded Netflix because of "concerns regarding the impact of a depression in the market and the increase in competition." They added that Netflix is now an "show-me story."

/p>

p>There are increasing concerns that consumers who are cash-strapped may find that they are paying for too many streaming services and may need to cut down.

/p>

p>Netflix is not the only streaming service available. There are Disney (DIS), Amazon, Apple (AAPL), Paramount and Comcast (CMCSA), along with Warner Bros, owner of CNN. Discovery all have their own services with exclusive content.

/p>

p>Goldman Sachs seems less worried about competition for Roblox as it claims that it is still "the most well-positioned company in the gaming/interactive entertainment" business, and has "long-term secular growth opportunities."

/p>

p>Roblox is confronting "increasing worries about the post-pandemic world". Analysts at Goldman anticipate "slowing growth" over the next couple of years.

/p>

p>Is the summer vacation craze over before its even begun? https://solidwastecourse.org/members/badgergander4/activity/178847/ </p>

p>The Goldman Sachs analysts remarked that eBay's revenue growth is in danger because of its exposure to international markets and the pressures that it puts on the global consumer market.

/p>

p>Goldman Sachs analysts reiterated their "sell rating for another tech company, Airbnb. The price target for Airbnb was reduced by the analysts to $150 from $95. The stock trades at approximately $110.

/p>

p>The analysts said that even although "pent-up travel demand...remains an important factor," there are concerns about a recession as well as the stock's valuation as well as the possibility of "potential normalization of travel habits" leading to more people staying at hotels as opposed to renting homes when they travel on vacation.

/p>

p>It wasn't all doom & doom for the Vampire Squid of Big Tech.

/p>

p>The Goldman Sachs analysts said they were keeping their buy ratings on Amazon (AMZN), Uber (UBER), Facebook owner Meta Platforms, Google and YouTube parent Alphabet (GOOGL) and Barry Diller's internet conglomerate IAC (IAC) and its real property tech spin-off Angi (ANGI) as and dating apps for online use Match (MTCH) and Bumble.

/p>


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Last-modified: 2022-10-23 (泣) 05:22:11 (559d)