Netflix beats Q4 earnings estimates, reporting revenue of $3.29 billion and an additional 8 million subscribers. Jeff Reeves, analyst and executive editor at InvestorPlace.com, and Tuna Amobi, media and entertainment analyst at CFRA Research, join The Long and The Short to discuss future challenges facing Netflix.
Contrary to what Wall Street thought, Netflix isn't burning through a lot of cash. Reeves says this proves Netflix's decision to raise prices was worth it. However, he predicts that it may continue to raise prices to have that extra cash cushion. Disney's new streaming network could be a big challenge for Netflix. However, Amobi doesn't think Netflix needs to worry about Disney for a while. While there is no question that competition is coming, Amobi doesn't predict Netflix will lose market share anytime soon.
Plus, in 2017 the average streaming hours per membership grew by 9% year-over-year. Amobi and Reeves discuss the company's future marketing plan and how it will capitalize off international growth.
Veetahl Eilat-Raichel, Founder and CEO of Sorbet, shares how employees can harness the value of their time off – and how companies can use PTO to employees’ benefit.
Brooke May, Managing Partner at Evans May Wealth, weighs in on how the market is expected to perform through the rest of 2024, plus why she’s still bullish on tech but cautious when it comes to financials.
Pete Nicoletti, Global CISO at Check Point, explains why it’s so difficult to legislate against A.I. disinformation and why it’s a concern going into the 2024 election.
Michelle Freyre, Clinique Global Brand President, discusses the company's latest ventures and why skin advice should always come from a trusted source.
Jason Tartick, small business expert and TurboTax Live Partner (who you may recognize from 'The Bachelorette'), shares his tips for making sure your taxes are flawless this year.
Christine Short, Head of Research, Global Corporate Events at Wall Street Horizon, a TMX Company, breaks down the biggest takeaways from companies’ quarterly results.