GBA Presents: RADIO SAVANT-!

Netflix (NASDAQ:NFLX) is scheduled to report second-quarter results on July 19 and with the stock down more than 70% year-to-date, investment firm Moness, Crespi, Hardt said the streaming giant's "nightmare" looks set to continue.

Analyst Brian White, who rates Netflix (NFLX) shares neutral, noted that although the content on the service has been "exceptional" over the past couple of years, its business is under attack on multiple fronts and it's likely that the company barely grows this quarter.

"Our [second-quarter] sales forecast reflects a 2% [quarter-over-quarter] increase, below the four-year average of up 6% for past June quarters," White wrote in a note to clients. The analyst estimates revenue will come in at $8.043B and earnings per share will be $3.01, compared to estimates of $8.046B and $2.95, respectively.

In addition, White noted that Netflix (NFLX) is likely to lose 2.1M subscribers this quarter to bring its total to 219.5M, slightly above Netflix's previous guidance of a loss of 2M. Of those, 600,000 should come from U.S. and Canada, while Europe, Middle East and Africa should lost 1.8M and Latin America should lose 400,000.

Asia Pacific is the only region forecast to grow, as White estimates the area will add 700,000 subscribers.
 
stonedinvestor said:
B>R>E>A>K>I>N>G

Hindenburg announces 'significant long position' in Twitter 09:40 TWTR Hindenburg Research said via Twitter, "We have accumulated a significant long position in shares of Twitter. Twitter's complaint poses a credible threat to Musk's empire."

Musk is screwed. Way to lose a billion.
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I bought the $34 puts on Monday for $.98-$1.05, finally moved in the last hours. What I noticed was it was crowded and thought I would have to bail with no real gain. The covering seemed huge.
 
I think one of the aspects of me that you all appreciate most is my economic thoughtfulness and market direction prowess. I gather that from the emails I get on the subject of which there are many.

Last week when I told you I expected a rally today or tomm it didn't look like the brightest suggestion. But now that today is here and tomorrow is tomorrow-- it's not looking as silly.

Is it?
 
Nu has sold off pretty intensely this year, down roughly 60%. The company went public toward the end of last year with a huge valuation of more than $41 billion. The Latin American digital bank disruptor has the backing of huge investors like Warren Buffett and Berkshire Hathaway and the large venture capital company Sequoia Capital.

While most tech and fintech companies have been sold off, analysts are still optimistic about Nu, with a median 12-month price target of $6.50 per share, representing more than 62% upside.


NU.png

NYSE: NU
Nu Holdings Ltd.

Current Price
$4.03


Nu has acquired close to 60 million customers, largely by making it easier for customers to access traditional banking products and by offering no or very limited fees on its products.


In the first quarter of 2022, the bank generated record revenue of more than $877 million, smashing analyst estimates. The company also continues to make progress in growing monthly average revenue per active customer and becoming the primary bank for many of its customers, all with an industry-low customer acquisition cost.

This is a potentially once-in-a-lifetime disruptor in a massive market, and you can currently invest at a cheaper valuation than Berkshire and Buffett did.... But not stoney.
 
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