Netflix Q2 Earnings Beat And Raise Masks Brewing Fundamental Weakness
Netflix (NASDAQ: NFLX ) has continued its surge towards new all-time highs this year, as markets remain optimistic about the company’s leadership in streaming. The continued ramp-up of its ad strategy has also proven to be an additive tailwind to growth. NotAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am no ...