标普500、纳指收创新高，美元上涨，财报后台积电ADR涨超3%、奈飞一度跌3%。 特朗普政府预计一周左右就装修问题实地访问美联储，鲍威尔回应。 下任美联储主席热门人选、美联储理事沃勒：美联储应当在7月降息25个基点。 美国6月零售销售环比增长0.6%超预期，扭转此前两月跌势。 外国投资者5月增持美债，加拿大购买激增。 美国众议院压倒性优势投票通过三大加密货币法案，白宫称特朗普周五签字。 报道：欧盟起草对美服务业关税清单，为贸易战升级做准备。 美国、印度接近达成贸易协议，印度想要比印尼优惠的关税。 日本6月对美出口大跌11.4%，创2020年来最大降幅。 AI芯片需求强劲，台积电Q2净利润激增61%超预期，预计今年销售额将增长约30%。台积电法说 会：上调2025全年销售增速至30%左右，警告Q3或受到更大汇率冲击。 弱美元助奈飞"淡季"不淡，Q2利润增超40%再创新高，上调全年指引。 ...

Market Performance - The stock market experienced a bullish day with the Dow increasing by 229 points (+0.52%), the S&P 500 rising by 33 points (+0.54%), the Nasdaq gaining 153 points (+0.74%), and the Russell 2000 leading with a rise of 27 points (+1.22%) [1] - Year-to-date performance shows the Dow up +4.56%, S&P 500 up +7.07%, Nasdaq up +8.15%, and Russell 2000 up +1.07% [1] Bond Market - Bond yields moderated after rising due to strong economic reports, with the 10-year yield at +4.46%, the 2-year at +3.91%, and the 30-year above +5.01% [2] Economic Indicators - Business Inventories for May remained flat at 0.0% for the second consecutive month, with only one negative month in the past year [3] - Homebuilder Confidence for July reached 33, slightly above the previous month's 32 [3] Company Earnings - Netflix reported Q2 earnings of $7.19 per share, exceeding estimates of $7.07, with revenues of $11.08 billion, close to the expected $11.09 billion [4] - Netflix raised its full-year revenue guidance to $44.8-45.2 billion and marked its sixth consecutive quarterly earnings beat, despite a slight decline in shares [5] - Interactive Brokers reported Q2 earnings of 51 cents per share, beating estimates by 5 cents, with revenues of $1.48 billion, surpassing the expected $1.36 billion [6] - Interactive Brokers' shares rose nearly +5% in after-hours trading following its earnings report [6] Upcoming Economic Data - Upcoming reports include Housing Starts and Building Permits for June, expected to show slight increases, and a preliminary Consumer Confidence reading for July, anticipated to rise to 61.8 from 60.7 [7] - The Q2 earnings season continues with reports expected from companies like 3M, Schlumberger, and American Express, with major companies like Alphabet, Intel, and Tesla reporting next week [8]

KPop Demon Hunters, released June 20 and, at 80 million views, one of Netflix’s biggest animated films ever with chart-topping music to boot, had co-CEO Ted Sarandos singing its praises today. The film “is a phenomenal success out of the gate. One of the things that I’m excited, really proud of the team over, is [that it’s] original animation — not a sequel, not a live action remake. Original animation … is very tough and has been struggling for years.” Leo, The Sea Beast and now Kpop Demon Hunters are ori ...

Financial Performance - Netflix's revenue growth in the US is 15%, with faster constant currency growth in other markets [5][7] - Advertising revenue is doubling year-over-year [7] Subscriber Growth & Engagement - Netflix is experiencing solid subscriber growth, though they no longer report the specific numbers [7][8] - Overall time spent viewing increased by 1-2% in the first half of the year [9] - Engagement per member is down in the upper single digits [9] - The key driver for Netflix's stock in the next year will be increasing engagement among subscribers [10] Content Strategy - Netflix's content slate is heavily weighted towards the second half of the year [3] - The end of the quarter saw a subscriber spike led by Squid Game [3] - The final season of Stranger Things is expected to be released at the end of the year [4] - Historically, content has driven subscriber growth and overall growth for Netflix [4]

Core Insights - Netflix reported quarterly earnings of $7.19 per share, exceeding the Zacks Consensus Estimate of $7.07 per share, and up from $4.88 per share a year ago, representing an earnings surprise of +1.70% [1] - The company posted revenues of $11.08 billion for the quarter ended June 2025, slightly missing the Zacks Consensus Estimate by 0.06%, and up from $9.56 billion year-over-year [2] - Netflix shares have increased approximately 40.3% year-to-date, significantly outperforming the S&P 500's gain of 6.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $6.56 on revenues of $11.29 billion, and for the current fiscal year, it is $25.45 on revenues of $44.55 billion [7] - The estimate revisions trend for Netflix was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Broadcast Radio and Television industry, to which Netflix belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Financial Performance - Netflix's revenue guidance increased from an initially projected 13% growth for the full year to approximately 15%, reaching $45 billion at the midpoint [2] - Operating margin guidance was raised slightly, but potentially below expectations of over 30%, up from 29% [3] - Free cash flow was also raised modestly [3] Growth Factors - Increased full-year revenue forecasts are primarily attributed to US dollar depreciation [4] - Price increases implemented in the first full quarter are contributing to revenue momentum [5] - The Netflix ad suite, a proprietary ad platform, shows initial signs of growth [5][6] Product Innovation & User Experience - Improvements to the Netflix app's UI/UX are aimed at enhancing discoverability, potentially boosting viewership and engagement [7] - AI and machine learning are playing a significant role in refining content recommendation algorithms [8] - Netflix is expected to leverage AI further to enhance its competitive advantage [8][9]

Netflix‘s deal with TF1, announced last month at Cannes Lions, will give both companies “an opportunity to learn,” the streamer’s co-CEO, Greg Peters, said Thursday on the company’s quarterly earnings call. The milestone teaming, which will see the French broadcaster’s programming offered within the Netflix app in France starting next summer, will also be a way for Netflix to put new technology to use. “We’ve invested a lot in a bunch of enabling capabilities that are either required or highly leveraged by ...

Uh it is interesting what they note about the boost in revenue mostly due to the weakness in the US dollar. So you look through currency swings, maybe that revenue would not have changed in terms of guidance, right. And so the bigger bigger revenue beat was in the United States, right.But um I you know the expectations were so high so high. So this is they delivered, right. If if you if you had just told them last quarter this is what they're going to put in next quarter and this is the number that would be ...

Hello and welcome to Ask for a Trend. I'm Josh Lipton. For the next half hour, we are breaking down the trends of the day that'll move stocks tomorrow.There's a lot to keep track of, so we're focusing on what you need to know to get ahead of the curve. Here's some of the trends we're going to be diving into. It's a stellar day for stocks.Gains fueled by fresh earnings reports and new economic data. We saw some records at the end of the session. All major indices did end the day up and companies are calling ...

Financial Data and Key Metrics Changes - The company increased its full-year revenue guidance to $44.8 billion to $45.2 billion, up from the previous guidance of $43.5 billion to $44.5 billion, reflecting a $1 billion increase at the midpoint of the range [2][4] - The operating margin target for the full year was raised from 29% to 30%, with a 50 basis point increase in FX neutral margin attributed to stronger membership growth [4][8] - Operating expenses are expected to remain unchanged, allowing higher revenues to flow through to profit margins [4][8] Business Line Data and Key Metrics Changes - The company reported healthy member growth, which exceeded expectations towards the end of Q2, contributing to a positive outlook for the second half of the year [3][4] - Ad sales are showing momentum, with expectations to roughly double revenue in the year, although starting from a small base [3][4] Market Data and Key Metrics Changes - Consumer sentiment and broader economic indicators remain stable, with no significant shifts in retention or plan mix noted [9][10] - The company believes that demand for its services will remain strong compared to traditional entertainment and other streaming competitors [10] Company Strategy and Development Direction - The company is focused on expanding its content offerings through partnerships, such as the TF1 partnership in France, aimed at enhancing local content availability [31][32] - The strategy includes a commitment to live events and sports, with a focus on ownable, breakthrough events that resonate with audiences [36][39] - The company is also investing in generative AI to enhance content creation and improve user experience, indicating a forward-looking approach to technology integration [70][75] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about engagement growth in the second half of the year, driven by a strong slate of content [17][18] - The company remains focused on maintaining and growing its market share despite increasing competition from other streaming services and free platforms [27][66] - The management emphasized the importance of continuous improvement in service and content offerings to sustain long-term growth [28][29] Other Important Information - The company is exploring monetization opportunities in gaming, with plans to ramp up investment in this area while remaining disciplined [78][81] - The rollout of a new user interface is expected to enhance user experience and engagement metrics significantly [58][60] Q&A Session Summary Question: Why is the operating margin guidance for the full year only 30% after the upside in Q2? - Management indicated that the guidance is primarily a timing issue, with content expenses expected to ramp up in Q3 and Q4 due to a heavier film slate [6][8] Question: Are you concerned by the stagnation in your viewing share domestically? - Management acknowledged the stagnation but expressed confidence in long-term growth as more TV viewing migrates to streaming [27][28] Question: Can you provide more information on the TF1 partnership? - The partnership aims to expand local content offerings and enhance value for members, with a focus on local relevance [31][32] Question: What investments have you made to increase your capabilities in producing live events? - Management highlighted the importance of partnerships and in-house production capabilities, noting significant progress in live event execution [40][42] Question: How do you see generative AI impacting your business? - Management believes AI will enhance content creation and improve user experience, providing significant opportunities for storytelling and engagement [70][75] Question: Can you talk about your evolving gaming ambitions? - The company is ramping investment in gaming, viewing it as a way to increase user acquisition and retention, while remaining disciplined in monetization strategies [78][81]