To The Moon

After the U.S. stock market closed on April 19, Netflix $Netflix(NFLX)$ fired the first shot of the technology stock Q1 earnings report. Unexpectedly,Netflix's global net paid subscribers decreased by 200,000 in the Q1, the first time in 11 years to report a decline in the number of users, the company added 3.98 million in the same period last year, after originally expecting to add 2.5 million, the market expected a net increase of 2.73 million. After the bell, NFLX plunged more than 25%, with its share price falling to $258.9. Why NETFLIX Plunged Again? In a Monday report, Morgan Stanley strategists argued that, Rising costs for businesses, the first quarter earnings season may not be as strong as expected, and there are signs that forward expectations and guidance will only be more disappointing than expected. Netflix is no longer a growth stock? In the case of Netflix's unfavorable debut, who will be the second company to "explode"? Broken Streaming Media After the market, the streaming media sector fluctuated violently. Netflix's decline in subscribers has heightened concerns about the same type of company. In the latest earnings report, Netflix expects a net decrease of 2 million global paid users in the second quarter, which also makes the market reconsider its expectations for the entire industry. The dissipation of the epidemic dividend has intensified competition in the industry. As another giant in the industry, Disney owns three major streaming media businesses, Disney+, Hulu and ESPN+, and is also facing the pressure of stagnant user numbers. In after-hours trading, $Roku Inc(ROKU)$ fell more than 6%; $Walt Disney(DIS)$ fell 4.21%; $fuboTV Inc.(FUBO)$ fell 4.65%. Social media troubled by advertising On April 11, Cathie Wood sold 183,900 shares of Twitter. In addition to not being optimistic about Twitter, Cathie Wood is also not optimistic about other social media stocks, and has now withdrawn from most social media stocks. Analysts polled by FactSet expect $Alphabet(GOOG)$ , $Meta Platforms, Inc.(FB)$ , $Amazon.com(AMZN)$ ,$Twitter(TWTR)$ , $Snap Inc(SNAP)$ , $Pinterest, Inc.(PINS)$ total advertising revenue will grow 19% year-over-year, compared with 28% and 40% in the fourth and first quarters of last year. Rohit Kulkarni, an analyst at MKM Partners, said: The U.S. domestic ad market is likely to slow by 1% due to the direct impact of the Russian-Ukrainian conflict, with the European ad market likely to suffer more. Online advertising companies, including well-known internet giants such as Alphabet, Meta Platforms, Twitter, Snap and Pinterest, are facing tough macroeconomic conditions. Currently, MKM Partners lowered its price target on Meta Platforms to $315 from $365, Pinterest to $38 from $42, and maintained $Snap Inc (SNAP) at $47 and Twitter at $49. Rising inflation, stagnant growth, and interest rate hikes ahead. $Meta Platforms, Inc.(FB)$ $Twitter(TWTR)$ $Snap Inc(SNAP)$ , which will report earnings next week, who will repeat the mistakes of Netflix? The earnings season has just started. Who do you think will be the second thunderous earnings report?