Netflix hits record highs thanks to success of live sports streaming
What do you think of this genius move from $NFLX and the future of these sports broadcasts on streaming platforms?
-Record viewershipThis entry was posted in Netflix, Netflix shares rise after reaching record viewership 108 million viewers for Jake Paul and Mike Tyson's boxing match.
The results were great, the stock jumped more than 11% after the results and more or less all the numbers are very good. I honestly regret not buying last year, as currently I think Netflix is the best company in the industry.
Tomorrow we'll see Netflix's quarterly results for $NFLX. Expectations are mixed, with some analysts saying we should expect earnings growth of up to 35%, while others say that's too optimistic.
As earnings season gets underway there will be a lot to watch, last week $JPMBank kicked it off nicely by presenting beautiful results above analyst expectations. Let's see what the banks show us this week and they will also be joined by two tech giants along with the world's largest streaming platform. Here I bring you my... Read more
Next week will be very interesting in terms of company results. I will be most interested in the results of $BAC and $ASML, as I have these stocks in my portfolio. But I will also be interested in the results of $TSM, $UNH and $NFLX.
Which companies will you be most interested in next week?
🌟 Companies whose shares are worth holding forever! 📈💼Amazon $AMZN Amazon is now synonymous with online shopping and cloud services, but its success isn't just in these areas. 🛍️💻 Amazon prides itself on constantly improving the customer experience, which leads to loyalty millions of membersPrime customers. This loyalty is reflected not only in repeat purchases, but also in... Read more
$AMZN will definitely be around for a long time as they are a great company and are constantly innovating. $NFLX will be around for a long time too, but the question is how that whole sector will fare and whether they will be able to continue to bring something new.
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Here is a summary of the interesting events that await us in the week ahead.
Monday:Fed Chairman Powell's speech 🗣️Jerome Powell will speak about the current state of the economy and USmonetary policy . His words may influence markets around the world.
Tuesday: US Retail Sales 🛒 The retail sales report will provide insight into consumer spending... Read more
Netflixy is going to be a pushover. That's where I think it will be most interesting. Subscribers are what often diminish in the summer as people travel and don't watch movies.
Yesterday the US stock market rallied nicely and a lot of stocks hit their all-time highs. For example ,$GOOG, $AAPL, $MSFT, $NFLX and $META allhit their ATHs . I'm not currently buying much over the summer and rather holding, but I'm still riding DCA on $CSPX.L.
How do you currently approach stocks? Are you buying, holding or selling?
Netflix $NFLXstock is approaching its November 2021 record high . This momentum is fueled not only by a new advertising strategy, but also by its entry into the world of live sports.
I've been wishing for some downside to come as Netflix is a great business and I'd love to have their stock in my portfolio.