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Netflix (NFLX) exceeded expectations for both earnings and revenue, and experienced its highest number of customer additions in the first quarter since the pandemic began. Despite this strong performance, the company's second-quarter revenue forecast fell short of expectations, leading to a decline in the stock price.
Netflix has increased by approximately 26% in the last three months and is likely to surpass earnings expectations.
Look into how Disney heavy ETFs performed after its Q1 earnings.
Netflix logged its best weekly performance in over a year last week on upbeat outlook and strong subscriber growth in Q4 of 2023. However, since the stock looks pricey at the current level, investors may play Netflix-heavy ETFs to tap the winning momentum.
The streaming giant Netflix (NFLX) reported mixed Q4 results. But it added strong subscriber base and offered moderately upbeat guidance.
The pioneer in the streaming space Netflix (NFLX) is scheduled to report fourth-quarter 2023 results on Jan 23 after market close.
2023 was a year of surprises. These are five key sector themes illustrated in charts that dominated the ETF world this past year.
The communications sector has been one of the best-performing sectors of the year, benefiting from both the tech boost and in certain areas, from consumer spending on services versus goods.
Greetings, VettaFi Voices! Now seems like a good time to talk about wrappers and which ones are best for different situations.
Some investment trends seem obvious — people are watching more streaming movies, consumers like shopping online, and more people are buying electric cars. So why don't these ETFs always work?
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