"KPop Demon Hunters" has become Netflix's most viewed movie ever. The company is teaming up with Mattel and Hasbro to launch multiple lines of toys from the movie.
Netflix stock has fallen for three consecutive days since posting its third-quarter results. There's a problematic trend of the deteriorating market response to Netflix earnings over the past five quarters, but the company just posted its strongest top-line growth in four years.
AI stocks and related technology names are arguably overvalued. Despite Netflix's recently reported results that fell short of estimates, the streaming giant's long-term potential remains tremendous.
Netflix sold off for reasons that have nothing to do with its investment thesis. The streaming giant is producing monster hits across genres and formats, including feature films, animated features, and multipart series.
Netflix's profits took a temporary hit and its growth potential is still strong in spite of a minuscule deceleration in the coming quarter. The stock trades at a lofty valuation even with the pullback.
Netflix is the world's largest streaming service, and its 300 million-plus members put it miles ahead of the competition. The company just delivered its fastest quarterly revenue growth in four years, but it missed expectations at the bottom line, which triggered a sell-off in its stock.
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