Beta Wealth Group

NASA - National Aeronautics and Space Administration is partnering with Nokia to put a 4G network on the moon, Google is hit with a new antitrust lawsuit from the department of justice, and Qualcomm backed AiFi Inc. is making moves in San Francisco to install autonomous stores. See the details in our weekly news blog below. https://www.betawealthgroup.com//beta-bytes-week-of-octobe

Netflix released their 2020 Q3 fiscal results today, showing that although they added 2.2 million subscribers they still fell short of Q3 targets as growth amid the #pandemic has slowed. Netflix demonstrated earnings of $1.74 per share, which is up 18% from last year, but still down from the $2.13 some analysts predicted. However, on a positive note, the company did beat #revenue targets with $6.4 billion in revenue, a 23% increase from the year prior. Look out for a video interview with with Netflix co-CEO Reed Hastings, Ted Sarandos and other executive officers answering investor questions at 3pm PST. https://www.netflixinvestor.com//Netflix-Rele/default.aspx

Economic data for the week included strength in retail sales and consumer sentiment, regional manufacturing reports were mixed, while industrial production fell back. Producer and consumer inflation ticked up slightly, while jobless claims remain challenged. See more in our weekly economic update below. https://www.betawealthgroup.com//market-update-october-19t

Salesforce ventures launched a $100M Impact Fund to invest in #cloud #startups with social missions, Uber and Lyft are spending $100 Million to combat California's worker laws, and Qualcomm expands to cover #5G chip production broadly across the telecom market. See the details in our weekly news blog below. https://www.betawealthgroup.com/comm/beta-bytes-oct-17-2020

Everyone is talking about Apple's product launch yesterday, but beyond their new #iPhone this launch coincides with the large scale nationwide rollout of #5G technology. These announcements vastly help local San-Diego based companies like Qualcomm (QCOM), which has a multi-year agreement to supply technology such as 5G modems to smartphone manufacturers like Apple, and is one of several chip suppliers that stand to benefit from the upcoming 5G revolution. Read our blog post f...or more details on Apple's launch and how this trend connects to other #telecom companies like Verizon and T-Mobile. https://www.betawealthgroup.com/comm/apple-launch-future-5g

Today is #WorldMentalHealthDay, so we wanted to bring you our top 5 tips for #financial self care https://www.betawealthgroup.com//5-tips-financial-self-care

Global equity markets earned positive returns last week, with signs of continued economic improvement despite resurgent and persistent #COVID19 infection counts. U.S. #stocks rebounded for the first time in a month. Better sentiment began Monday morning, as investors applauded the prior weekend comments from Congressional and Treasury leaders surrounding another round of fiscal #stimulus. Read more in our weekly #market update by clicking below.... https://www.betawealthgroup.com//october-5-2020-market-upd

Salesforce announces a Work.com for organizing a mass COVID-19 vaccine campaign for world governments, two new BioTech companies are making waves, Libra Therapeutics in San Diego and Pollen Sense in Utah. Read more in our weekly news blog. https://www.betawealthgroup.com/comme/beta-bytes-oct-3-2020

Check out the wise words from other Top Wealth Advisor moms here

Economic data for the week included a rise in durable goods orders and strong housing results, while jobless claims remained elevated. Global equity markets lost ground globally by several percent, as economic concerns continued to fester in the wake of the #pandemic... Read more in our weekly #market update by clicking below. https://www.betawealthgroup.com//ithje0cv1lsk3ztzsc98p9bkk