Evercore ISI Chief Equity, Derivatives, & Quantitative Strategist Julian Emanuel joins Yahoo Finance Live to discuss the market outlook, Big Tech stocks, and cryptocurrency
Investors are pressing pause on Netflix (NASDAQ: NFLX). Netflix called for just 2.5 million subscriber additions in the current quarter, an unusually weak forecast for a seasonally strong quarter. Indeed, the days of Netflix posting breathless growth quarter after quarter are likely over, barring an unforeseen change to the business.
It was a rough week for the streaming service, but there are some bright spots as we walk through the rubble.