$NFLX Netflix Q3 FY23:
Netflix shares popped more than 12% after the closing bell Wednesday as the company reported a boost in subscriber growth driven by a password-sharing crackdown efforts and interest in its new ad-supported tier. The streaming giant added 8.76 million global subscribers during the quarter, higher than 5.49 million Wall Street had expected, according to estimates from Street Account. It’s the biggest quarterly net add total for the company since second-quarter 2020, when Netflix added 10.1 million. Source: App Economy Insights, CNBC
$TSLA Tesla Q3 FY23: Tesla misses on earnings as margins drop from last year
Tesla reported adjusted earnings of 66 cents per share versus 73 cents expected. Total operating margin came in at 7.6%, down significantly from the year-ago quarter’s figure of 17.2%. Shares rose more than 2% in after hours trading. Source: App Economy Insights
Invest In Assets | Stock Market Investing 📈
"I know many traders, non of them are rich, most of them are stressed out of their minds. I know many long-term investors, many of them are rich, most of them live a peaceful life". Source: Invest in Assets
Did President Biden pop the AI nvidia bubble?
A similar boom/bust head & shoulders already happened in the recent past... Source: Bloomberg, www.zerohedge.com
How To Analyze An Income Statement - FAST. Watch for these 10 green flags
By Brian Feroldi
Balance Sheet Explained Simply
Source: Brian Feroldi
Cash + Treasury Bills now account for 15% of BoA's Global Wealth AUM, the highest level since the onset of the pandemic and one of the highest levels since the GFC
This could potentially limit the downside risk if that capital rotates back into stocks. Source: Barchart, BofA
Microsoft $MSFT is devoting more than 13% of CAPEX to artificial intelligence, the highest amount out of the world’s top cloud service providers
Baidu $BIDU follows with nearly 10%, while Google $GOOG and Meta $META are putting between 6-7% of CAPEX to AI. Source: FT
