Geopolitics, Streaming, And A Chip-Led Bounce: Is Netflix A Buy Here?
The article discusses the impact of geopolitical developments, particularly the pause on European tariffs, on market sentiment and risk appetite. It highlights a rally in semiconductor stocks driven by confidence in AI-related demand. Netflix's recent performance is analyzed, noting its revenue and EPS beat but lower guidance for the next quarter, raising valuation concerns. The stock's technical position limits momentum, and while Netflix leads in streaming, its premium pricing leaves little room for error in guidance.
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