Don’t waste your time – keep track of how NFP affects the US dollar!
Data Collection Notice
We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.
Join Us on Facebook
Stay on top of company updates, trading news, and so much more!
Thanks, I already follow your page!
Beginner Forex Book
Your ultimate guide through the world of trading.
Check Your Inbox!
In our email, you will find the Forex 101 book. Just tap the button to get it!
Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.
76.5% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.
You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.
Warning! Old version of the browser!
Press one of the icons below to proceed to the official website of the developer and download the latest version of your browser.
Online Forex broker
Information is not investment advice
It seems like the current period isn’t that great for Netflix. After publishing the Q1 report, the streaming company’s shares fell 26% during preliminary trading in New York on Wednesday. Later it said it was losing customers for the first time in a decade.
Netflix reported worse-than-expected results on Tuesday evening. Investors were expecting Netflix to report a slowdown in subscriber growth in the Q1, but the results were even worse. Netflix lost 200,000 subscribers last quarter, marking the first time in more than a decade it actually lost customers. The company’s exit from Russia also cost it 700,000 customers. Additionally, it was mentioned that maybe its higher subscription prices might frighten some viewers.
However, it looks like things could get even worse as the company expects to lose another 2 million subscribers this quarter. Because investors use subscriber growth to measure the future profitability of Netflix, it doesn’t give much hope.
Overall, Netflix projected 2.5 million subscriber growth in the first quarter, roughly in line with Wall Street estimates. For the current period, analysts had forecast earnings of $2.43 million. First-quarter revenue rose 9.8% to $7.87 billion, falling short of analysts' estimates. Earnings of $3.53 per share easily beat the forecast of $2.91.
If the decline continues, the streaming leader's market value will depreciate roughly $40 billion overnight, making it the worst-performing stock of the year on S&P 500 and Nasdaq 100 indices.
Losing 2 million subscribers next quarter is a huge setback for a company that has grown regularly by 25 million subscribers or more a year. This is happening as consumers around the world are cutting back on life's little luxuries to cope with rising prices - a decision made even more urgent by the rise in streamer prices.
Another important Netflix’s problem is that people continue password exchanges. The company said that more than 100 million households use its services and don’t pay for them, in addition to 221.6 million subscribers. The company is experimenting with ways to register such viewers, such as asking people who use someone else's account to pay more. Fighting password sharing is a risk for a company. They started out by providing customers with a cheaper, more convenient alternative to cable television. By pushing customers to pay and inserting ads, Netflix began to resemble what it replaced.
Finally, analysts believe that Netflix can offset non-existent subscriber growth by selling ads on its platform, as HBO Max has already done and Disney+ is planning to do. In fact, they think Netflix could make up to $3 billion in additional revenue if it follows other companies’ steps. However, Netflix CEO Reed Hastings declines this idea.
Netflix is still well ahead of most of its competitors outside the US and is the largest streaming service globally. The company believes it can find a way out of its current setback by attracting new customers with better programs and finding more ways to charge its existing user base.
The Crypto market usually also has a rough time in September. Bitcoin lost 12.7% in September 2021, 17.4% in 2020, 17.5% in 2018, 21.4% in 2017 and 45.4% in 2015. The main cryptocurrency increased by 13.3% and 3.95% in 2016 and 2019, respectively.
What happened? Warren Buffett, the American businessman and philanthropist, has put most of Berkshire Hathaway’s cash in short-term United States Treasury bills since they offer as much as 3…
The e-commerce giant has recently faced a lot of pressure, starting from global uncertainty in China amid lockdowns and geopolitics. The company has been added to the US SEC (Securities and Exchange Commission) delisting queue. Finally, there’s an earnings report coming on August 4. Let’s discuss everything and prepare for the next move.
The US dollar index has all chances of reaching the 2000s high of 120.00.
Many investors treated gold as a protection against inflation. However, last week, gold lost its major support and dropped despite rising inflation. Why did it act like this?
First, "ETH merge" Google requests are on the rise. At the same time, "buy ETH" requests are at their two-year lows, which is quite a negative factor ahead of the vast update. The community either doesn’t believe in the success, or they are following the "buy the rumors – sell the news" rule and waiting for the massive dump after the merge.
Your request is accepted.
We will call you at the time interval that you chose
Next callback request for this phone number will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
