also set viewership records this month, according to Netflix, which will boost third-quarter results.Skeptics point to its negative free cash flow as well as net debt of $10.3 billion, plus content spending that has hit $15 billion a year. Bears also note that
Still, overall Netflix sentiment on Wall Street remains largely upbeat as it approaches the 10th anniversary of its first stream. Look no further than the company’s share price, which was at $366.55 a share in Tuesday afternoon trading. It has held steady in recent months despite a drumbeat of news about Disney+ undercutting it on price,“The stock has been trading sideways the past four months , likely on anticipation of upcoming competitive services from Disney, Apple, etc.
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I think If they stop taking poor show with other channels and and stop showing it on their own website, Netflix business will go up.
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As Banks Report Earnings, Fed Looks to Take Away the Punch BowlAs big banks’ earnings season begins with Citigroup on Monday, investors will be watching for signs of how much the Fed’s change in policy could hurt their business. But here, in Europe, the ecb is stifling the banks with negative rates. And, at the same time, the ecb urges them to lend more. Be careful! Elizabeth warren is watching Rates barely move anything. The huge tax on imports is a bigger issue.
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Goldman Sachs will report earnings before the bell — here's what the Street expectsAnalysts polled by Refinitiv are expecting earnings of $4.89 per share and revenue of $88.828 billion when Goldman Sachs reports second-quarter earnings Tuesday.
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Half of the companies that have reported earnings so far say the strong dollar is hurting themOf the S&P 500 companies that have reported so far, more than half of them cited a strong greenback as a headwind. That's an excuse. Smart managers adjust to the landscape! JabangwePNN Machupeti muripo here?😄 MDCAllianceZW mdczimbabwe advocatemahere BitiTendai
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