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.
PARIS (Reuters) -French authorities have received a software update from Apple for its iPhone 12 and are reviewing it, a source at the French digital ministry told Reuters on Tuesday, as the U.S. tech giant sought to avoid any risk of a costly recall. Apple pledged to update the software to defuse a row over radiation levels from iPhone 12 handsets, after France suspended sales of the phones earlier this month following tests it said found breaches of radiation exposure limits. France had threatened a recall if Apple had refused to do a software update.
Apple (AAPL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.