Netflix Returns $1,000! Is Netflix Safe Haven Amid Tariff Storm?
Netflix posted a major earnings beat and returns to $1000 after hours.
Earnings per share: $6.61 vs. $5.71 expected
Revenue: $10.54 billion vs. $10.52 billion expected
As investors worry about the potential impact of tariffs on consumer spending and confidence, Netflix’s co-CEO Greg Peters said on the company’s earnings call, “Based on what we are seeing by actually operating the business right now, there’s nothing really significant to note.”
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Is Netflix the safe haven amid tariff storm?
Will earnings beat push it higher?