Get Real: Elizabeth Warren Targets WeWork

In this morning’s Get Real market newsletter, we saw Elizabeth Warren’s latest target, a Disney+ and Netflix development, and Musk mocking Ford.

Grace Nightingale - Author

Nov. 27 2019, Published 11:48 a.m. ET

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In this morning’s edition of our Get Real market newsletter, we saw Elizabeth Warren’s latest target, a Disney+ and Netflix development, and Musk mocking Ford. Plus, positivity for Lyft and more.

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HPE stock fell

Hewlett Packard Enterprises (HPE) opened low and continued to fall on Tuesday after poorly received fourth-quarter earnings results. Negative revenue growth contributed to concerns about the company’s future outlook.

PG&E faces a disaster

PG&E (PCG) has been trying to manage wildfires and preemptive blackouts in California. Now, the company has to contend with a major winter storm. The utility’s deadline to get out of bankruptcy is approaching and issues with previous fires haven’t been resolved.

WeWork: Warren’s latest target

Recently, Senator Elizabeth Warren targeted WeWork after it laid off thousands of people. The SEC is also investigating WeWork for non-compliance. However, the SEC hasn’t disclosed any details yet.

Best Buy’s strong earnings results

On Tuesday, Best Buy (BBY) smashed the estimates for its third-quarter earnings results. The stock rose and the company boosted its fiscal earnings outlook.

Dollar Tree looks dismal

Dollar Tree (DLTR) stock fell after the company posted disappointing third-quarter earnings results. Higher costs of goods and operating expenses impacted the company’s lower earnings. Dollar Tree’s fourth-quarter outlook doesn’t look promising.

What to watch for

Lyft’s dose of positivity

Analysts are more positive about Lyft (LYFT). Several analysts upgraded the stock to a “buy” like Uber (UBER). Lyft’s reinvigorated focus on profits and global competition helped it change directions.

Disney+ and Netflix: Is peace an option?

Two weeks ago, Disney+ took the world by storm. However, Netflix (NFLX) hasn’t taken a hit due to the added competition. Both streaming services can coexist at least for now.

Cybertruck versus the F-150

Tesla (TSLA) CEO Elon Musk mocked and challenged Ford’s F-150 on Twitter. Ford (F) will launch an all-electric version of the F-150. The new version will compete with the Cybertruck in the rapidly growing electric truck space.

ExxonMobil’s end-of-year outlook

ExxonMobil (XOM) stock has fallen this quarter. Other energy stocks are trending across the board. Oil prices, ruled by the tumultuous US-China trade talks, have been swaying the stock.


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