|Day's range||61.75 - 62.39|
Spring is in the air, and investors are looking forward to turning the page after a rocky March. While stocks have recovered from a surprise banking crisis after Silicon Valley Bank and Signature Bank both failed, their collapses highlighted yet another risk investors are facing in the potential for more bank runs and elevated duration risk. April will bring the start of a new earnings season and, with it, the latest evidence of how corporate America is faring in a slowing economy.
Netflix (NFLX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
People talk about the proliferation of streaming services like Disney+ and HBO Max competing with Netflix (NASDAQ: NFLX), but the real threat is from a completely different business. Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube generates more revenue than Netflix and benefits from users generating content for the platform.