Kailey's Market Movers

The video discusses the impact of foreign exchange on company earnings, focusing on IBM and Johnson & Johnson. IBM's earnings exceeded expectations but were affected by the strong dollar and the absence of Russian business, leading to a stock drop. Johnson & Johnson also faced currency challenges despite a strong COVID vaccine performance. Netflix's upcoming earnings are highlighted, with subscriber numbers being crucial. The video concludes with a look at crypto-related stocks, noting a rise in Bitcoin and a significant blockchain deal involving Marathon Digital.

What were the two main reasons IBM had to cut its free cash flow outlook?

• Decline in global demand and supply chain issues

• Increased competition and higher production costs

• Absence of business in Russia and a stronger dollar

• New regulatory challenges and tax increases

Why did Johnson & Johnson have to adjust their full-year outlook despite a strong COVID vaccine performance?

• Due to a stronger dollar

• Because of increased production costs

• Owing to a decline in vaccine demand

• As a result of new competitors entering the market

What is a crucial factor for Netflix's performance as highlighted in the video?

• Content quality

• Advertising revenue

• Subscriber numbers

• Partnership deals

What significant event is mentioned regarding Applied Blockchain and Marathon Digital?

• A new product launch by Applied Blockchain

• A lawsuit filed by Marathon Digital

• A merger between the two companies

• A 5-year agreement between the two companies

What trend is observed in the crypto-related equities market?

• Stability in Litecoin values

• A decline in Ethereum prices

• A drop in Dogecoin popularity

• A positive lift for Bitcoin