After 146 days, WGA has reached a tentative deal with Hollywood studios, which is one of the steps need to get film and television production going again. Needham & Co. Senior Analyst Laura Martin explains how strikes could impact the volume of content that streaming services produce. “Wall Street is demanding they.. move to profitability faster,” Martin says. For streamers, this could mean cutting down seasons by filming fewer episodes—“less content spending”, as Martin notes. Martin expects consolidation in the industry, which will help “get rid of duplicative costs.” In regards to smaller streamers, Martin states that due to large competitors such as Amazon (AMZN) and Netflix (NFLX) “there’s no advantage to being small.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
The base model of Apple’s (APPL) iPhone 15 is taking “nearly twice as long” to get to customers, according to Counterpoint Research. The longer wait times could suggest a high demand for the company’s latest release. Yahoo Finance’s Seana Smith and Brad Smith break down what this boom could mean for the company’s numbers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
These three top Berkshire Hathaway holdings could serve as a pillar of value creation for almost any type of portfolio.