The ‘metaverse’ seems to have quickly made its way into contemporary business discourse, but many investors are unsure what exactly it means, and how this new technology could affect certain key stocks.
Netflix released its Q1 2021 earnings report on Tuesday. Subscriber growth was only about 4 million subscribers as opposed to the 6.25 million expected by analysts. Additionally, the company’s guidance for new users in Q2 was cut back to 1 million instead of the forecasted 4.8 million.
Twelve leading football teams from throughout Europe announced their intention to form a new football association called the European Super League which is expected to rival the current UEFA Champions League. How can this exciting development affect the markets?