Steven Cahall has held positions with world-class companies like Microsoft as well as smaller VC backed firms, giving him extensive experience in business development, finance and technology.
He believes Disney DIS, +0.65% can significantly improve streaming margins through pricing and cost-cutting initiatives, while also considering spinning off ESPN as a separate entity.
Early Life and Education
Steven Cahall was born January 1st 1955 in Clayton, Delaware and currently works as an Analyst for Wells Fargo Bank with 246.6K employees worldwide. His academic training came at Milan Bicocca University where he obtained a Master’s in Developmental Psychology (Psicologia dell’ Sviluppo e dei Processi Educativi).
Cahall believes Paramount+ will struggle to compete against Netflix, Disney+, Hulu and HBO Max [soon just Max] in the streaming marketplace, and doesn’t expect it to break even until 2027. He maintains his faith in the market despite current challenges but remains bullish on Paramount+’s prospects.
Ted Cahall is an executive, entrepreneur, and engineer who has held key positions at both top American businesses as well as innovative mid-sized Internet, IT, and FinTech start-ups. Currently he serves as Director in Equity Research at RBC Capital Markets (Investment Bank of Royal Bank of Canada), leading media & entertainment research.
He joins “Squawk on the Street” to discuss how markets reacted to Paramount’s earnings, how long streaming companies will need to break even and his thoughts on Netflix’s ad-supported tier.
He discusses Warner Bros. Discovery’s planned launch of HBO Max/Discovery+ streamer later this year; regardless of platform used to compete against Disney+, Netflix, and Hulu.
Cahall is known for his dedication and work at world-class companies. Additionally, he’s an animal advocate, supporting shelters and charities for animals. Additionally, he participates in competitive amateur automobile racing while spending quality time with his family – currently living in Clayton, Delaware.
Steven Cahall is an analyst for Wells Fargo Bank in the Banking industry and has been employed with this company for 11 years. For more information about him you can use PeekYou, a free people-search engine which uncovers facts hidden away in public records like phone numbers, addresses and relatives as well as photos and links to social media accounts. Start searching now – PeekYou is fast, accurate and user friendly. Give it a try today!
Steven Cahall is an exceptionally successful investment analyst with an estimated net worth of more than $300 million. He believes the current surge in stocks resembles the dot-com bubble and could result in an equally devastating collapse.
Media and entertainment company Bates Group Inc (OTCMKTS: BCGI) provides television channels featuring nonfictional shows as well as footwear and apparel distributed under brands such as Bates Cat Chaco Dickies Harley-Davidson Hytest Keds Merrell Sperry Wolverine.
Wells Fargo analyst Steven Cahall upgraded Spotify Technology S.A. from Underweight to Equal Weight and increased its price target to $124. He believes the company will reach operating margin inflection and noted it as one of the top picks among entertainment companies with large market capitalizations – owning 125,000 fiber route miles.