白宫称尚未就电影关税做出最终决定。 据央视新闻客户端消息，当地时间5月5日，白宫表示，尚未就电影关税做出"最终"决定。 白宫发言人库什·德赛表示，尽管尚未做出最终决定，但政府正在探索所有方案以履行特朗普的指示。 当地时间5月4日，美国总统特朗普在社交媒体上发文称，他授权美国商务部和美国贸易代表立即启动程序，对所有在外国制作并进入美国的电影征收100%的关税， 希望"再次拥有美国制作的电影"。特朗普称，美国电影业正在迅速消亡，好莱坞正在被美国电影人和电影公司赴海外工作的趋势"摧毁"，这对美国构成"国家安全威 胁"。 受此影响，当地时间5月5日，美股流媒体股全线大跌，奈飞、华纳兄弟探索一度跌超4%，收盘跌幅有所收窄，奈飞、华纳兄弟探索收跌近2%，派拉蒙全球收跌超 1.5%，迪士尼收跌约0.4%。 对于特朗普表示将对进口电影征100%关税，《纽约时报》4日报道指出，关税措施可能适得其反，伤害美国本土电影，因为许多美国大型电影公司为了降低成本或 获得税收优惠，常常在海外拍摄或进行后期制作。新关税政策将导致这些公司面临更高成本，可能损害它们的全球竞争力。 好莱坞行业媒体报道说，近年不少美国电影公司前往英国、澳大利亚、加 ...

Core Viewpoint - President Trump's threats of tariffs on foreign-produced movies could significantly impact the American movie industry, which he claims is "dying" due to incentives offered by other countries to filmmakers [2][4]. Industry Impact - Trump's comments have created uncertainty in the movie industry, particularly for major companies like Walt Disney Co, which generates billions at the box office annually [1][4]. - The movie sector's performance may contradict Trump's claims, as the box office is projected to increase by 15.8% year-over-year in 2025, potentially benefiting companies like AMC Entertainment and Cinemark Holdings [3]. - Tariffs could slow down the movie theater sector and affect stock prices of major studios such as Disney, Paramount Global, and Warner Bros. Discovery, as well as streaming services like Netflix, which produces many series outside the U.S. [4][5]. Tariff Details - Trump has authorized the Department of Commerce to begin the process of instituting a 100% tariff on movies produced in foreign lands, labeling it a "national security threat" [2][6]. - The vagueness of Trump's comments raises questions about how tariffs would apply to films with foreign filming locations but American production credits [7][9]. Examples and Concerns - The upcoming Paramount film "Mission: Impossible – The Final Reckoning," filmed primarily in the U.K., may serve as an early example of how tariffs could affect the industry [7][8]. - Industry veterans express concerns that such tariffs could harm the sector significantly, with some suggesting that it could lead to the collapse of independent distributors [10][11]. State Incentives - In contrast to Trump's tariff threats, California Governor Gavin Newsom is advocating for $750 million in annual incentives for content filmed in the state, aiming to support the local industry [10].

Group 1: Investment Strategy - Selecting stocks for long-term investment should focus on the best companies, especially in uncertain market conditions [1] - Companies with recurring revenue models, such as subscriptions, are typically rewarded with higher valuations due to predictable revenue streams [2] Group 2: Microsoft - Microsoft is a financially strong company providing essential software services and is the second-leading cloud services provider [5] - The shift to a cloud-based services strategy has resulted in a 20% year-over-year revenue growth to $42 billion last quarter [6] - Microsoft's partnership with OpenAI has significantly boosted Azure's growth, with a 33% year-over-year revenue increase in the enterprise cloud business [7] - The company has a large user base, with over 1.4 billion devices running Windows 10 or 11 and over 400 million commercial Microsoft 365 users, facilitating AI adoption [8] - Microsoft generated $96 billion in net income on $270 billion of revenue over the last four quarters, with expected annualized earnings per share growth of 12% [9] Group 3: Netflix - Netflix has reported strong financial results, with a 12% year-over-year revenue increase in Q1 and a forecasted 15% growth for Q2 [10][11] - The company has over 300 million paid members, with initiatives to end free password sharing contributing to membership growth [12] - Netflix is highly profitable, with a nearly 25% profit margin, generating $9 billion in net income on $40 billion of revenue over the last year [13][14] - Analysts expect earnings to grow at an annualized rate of 23%, outpacing revenue growth, indicating a strong long-term outlook [14]

Core Insights - Netflix Inc ended 2024 with over 300 million paid subscribers, making it one of the most-watched platforms globally [1] - A recent survey indicates that customers are retaining their subscriptions and are enthusiastic about the content lineup for 2025 [1] Subscriber Trends - Netflix no longer discloses subscriber totals in quarterly results, shifting focus to its content offerings as a key driver for subscriber retention and revenue [2] - In a recent poll, nearly 49% of respondents indicated they do not plan to cancel their Netflix subscription in 2025, despite a recent price increase [10] - Approximately 24% of respondents reported they do not subscribe to Netflix, suggesting potential monetization opportunities for the company [5] Content Strategy - Netflix is set to release new seasons of major hits in 2025, including the final seasons of "Stranger Things" and "Squid Game," as well as the second season of "Wednesday," which could help retain subscribers [2][7] - The company is also expanding into live sports, including partnerships with WWE and rights to NFL games on Christmas Day, alongside a steady release of original movies [7][13] - The poll revealed that Netflix original movies are the most anticipated content for 2025, with 60% of respondents expressing excitement, followed by "Wednesday" Season 2 at 17% [12] Company Outlook - Netflix aims to enhance its core business by increasing the number of series and films, developing live programming and gaming initiatives, and sustaining healthy growth [13] - The company maintains a leadership position in engagement, revenue, and profit, expressing optimism for the upcoming year with the return of its biggest shows [13]

Core Viewpoint - President Trump has allowed government agencies to impose a 100% levy on movies made outside the U.S., significantly increasing costs for entertainment companies, leading to a decline in shares of Netflix, Disney, and Warner Bros Discovery [1] Company Summaries - **Netflix Inc (NFLX)**: Shares are down 2% to $1,132.96, ending an 11-day winning streak that peaked at $1,159.44 on May 2. The stock has a 95.1% year-over-year increase but is facing pressure after breaking above the $1,000 level [2] - **Walt Disney Co (DIS)**: Shares are down 0.3% to $92.19, extending a 17.3% year-to-date deficit. The stock is on track for its third loss in four sessions and remains below $96 since a bear gap last month, which pushed it to a 52-week low of $80.10 on April 7 [3] - **Warner Bros Discovery Inc (WBD)**: Shares are down 1% to $8.46, struggling with resistance at the $9 level. The stock has only slightly recovered from April lows and has already decreased by 20.3% in 2025 [3] Options Activity - There is significant put volume for NFLX and WBD, with NFLX's most active contract being the weekly 5/9 1,100-strike put, while WBD's is the weekly 5/9 9-strike call, indicating new positions being opened for both [4]

Summary Shares of Netflix (NASDAQ: NFLX) plummeted 6.17% to $1,085 in pre-market trading on Monday following President Donald Trump's order imposing a 100% tariff on movies produced overseas. The pre-market drop snapped Netflix's 11-day winning streak, the longest in the company's history. The streak included a 2% gain on Friday, ending the day valued at $1,156. Before the order, the streaming giant had been one of the best-performing stocks during the early days of Trump's second stint in the White House, ...

Market Overview - The S&P 500 Index has recovered all losses from the tariff-related market turmoil, achieving a nine-day winning streak for the first time since November 2004 [1] - The index was previously down nearly 20% from its all-time high during the April turmoil but has since rebounded and is currently about 7% away from its peak recorded in February [2] Investment Recommendations - Five S&P 500 stocks are recommended for investment, all having provided over 20% returns year to date: Netflix Inc. (NFLX), Philip Morris International Inc. (PM), Newmont Corp. (NEM), CenterPoint Energy Inc. (CNP), and Exelon Corp. (EXC) [3][4] Company Insights Netflix Inc. (NFLX) - NFLX exceeded earnings estimates while maintaining healthy engagement levels despite trade and tariff challenges, reaffirming its 2025 guidance [8] - The launch of its Ad Suite in the U.S. is expected to drive subscriber and average revenue per user (ARPU) growth, with strong visibility in its business leading to positive earnings estimate revisions [9] - NFLX's expected revenue and earnings growth rates for the current year are 14% and 27.7%, respectively, with a 3.1% improvement in earnings estimates over the last 30 days [11] Philip Morris International Inc. (PM) - PM is experiencing strong pricing power and growth in its smoke-free product portfolio, aiming to become substantially smoke-free by 2030 [12] - The company anticipates a 2% increase in volume growth for the fifth consecutive year, with smoke-free products projected to grow by 12-14% [13] - PM's expected revenue and earnings growth rates for the current year are 8.1% and 13.7%, respectively, with a 4.6% improvement in earnings estimates over the last 30 days [14] Newmont Corp. (NEM) - NEM is progressing with growth projects, including the Tanami expansion and the Ahafo North project, which is expected to commence commercial production in the second half of 2025 [15][16] - The company has an expected revenue growth rate of 0.1% and an earnings growth rate of 16.7% for the current year, with a significant 23.4% improvement in earnings estimates over the last 30 days [17] CenterPoint Energy Inc. (CNP) - CNP is set to benefit from rising electricity demand due to the electrification of transportation and investments in renewable energy [18] - The company is investing in infrastructure upgrades to support the growing electric vehicle market, including off-road electrification initiatives [20] - CNP's expected revenue and earnings growth rates for the current year are 3.4% and 8%, respectively, with a slight 0.1% improvement in earnings estimates over the last 60 days [21] Exelon Corp. (EXC) - EXC is focusing on strengthening its transmission and distribution infrastructure, which will enhance service reliability and operational resilience [22] - The company is expected to see revenue and earnings growth rates of 4.3% and 6.8%, respectively, with a 0.4% improvement in earnings estimates over the last 30 days [23]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Core Viewpoint - President Trump proposed a 100% tariff on movies produced overseas, causing a decline in shares of major Hollywood studios and streaming services [1][6]. Group 1: Impact on Companies - Shares of Netflix fell more than 5%, Disney down more than 3%, Warner Bros. Discovery (WBD) down more than 3%, Paramount down more than 2%, and Comcast down less than 1% following the tariff announcement [6]. - The proposed tariff is seen as a national security threat by Trump, who authorized the Department of Commerce to impose this levy on foreign films [1][2]. Group 2: Production and International Relations - Hollywood studios often film overseas for tax benefits and to utilize international locations, raising questions about how the tariff will be implemented and its potential targets [2][4]. - Concerns exist regarding the impact of these duties on international relationships, as Hollywood relies heavily on global box office sales to recover high production costs [4].

1. 5月5日(周一)美股盘前，美股三大股指期货齐跌。截至发稿，道指期货跌0.62%，标普500指数期货跌0.77%，纳指期货跌 0.95%。 盘前市场动向 4000美元!高盛重申"金牛"预测。受美元走软支撑，黄金周一走强。截至发稿，黄金期货涨超2%，报约3325美元/盎司;黄金现货 涨超2%，报约3317美元/盎司。黄金价格今年迄今已飙升近四分之一，4月曾触及每盎司3500美元以上的纪录高位，但在过去几 周有所回落，早些时候的上涨主要由特朗普极具破坏性的贸易和地缘政治政策引发的避险买盘、投机性需求和全球央行的买盘 推动。周一，高盛在一份报告中称，黄金将继续跑赢白银，央行需求强劲是推高金银价格比的一个因素。因此，该行预计白银 不会赶上目前正在持续的黄金涨势。高盛还表示，如果经济衰退发生，估计ETF资金流入的加速将推动黄金价格到年底达到 3880美元。该行重申对黄金的结构性看涨观点，基本预期年底金价为每盎司3700美元，到2026年中期则达4000美元。 欧佩克+增产暴击油价至四年低位，华尔街紧急下调预期。沙特主导的激进举措正在重塑全球石油市场格局——通过欧佩克+大 幅增产，这一行动正迫使华尔街分析师纷纷下调油 ...