Shares in Facebook, a heavyweight component of the S&P interactive media & services index, have been falling recently as an exodus of executives, including the founders of the Instagram platform, have shaken investor…
Underweight (High-Conviction) Shares in Facebook, a heavyweight component of the S&P interactive media & services index, have been falling recently as an exodus of executives, including the founders of the Instagram…
The S&P interactive media & services index’s heavyweights Alphabet (the parent of Google) and Facebook have now reported their Q4 results and, while both beat estimates (particularly soundly in the case of Facebook…
Underweight (High-Conviction) The S&P interactive media & services index’s heavyweights Alphabet (the parent of Google) and Facebook have now reported their Q4 results and, while both beat estimates (particularly…
Underweight (High-Conviction) When we lowered our recommendation to underweight and added the S&P interactive media & services index to the high-conviction underweight list for 2019,1 we noted that one of our key themes for the…
Underweight (High-Conviction) In our initiation of coverage on the S&P interactive media & services index,1 we highlighted a renewed regulatory focus as a key risk that offset the revenue & profit growth vigor of…
Neutral The brand new S&P interactive media & services (IMS) index that we initiated coverage on last month1 has been experiencing extreme pain, being caught up in the global sell-off of former high-flying (and…
Neutral As part of this week's Special Report analyzing the rebadging of the S&P communication services index, we initiated coverage on the new S&P interactive media & services sector. Not doing so would leave a…
It comes as no shock to market observers that the internet services & software index has been representing a growing share of the S&P 500 as its components have been roaring ahead. The usual conclusion is that this…