Will Netflix renew "Wednesday" for a season 3? https://t.co/KrwMwcxQ2V https://t.co/Cg7o2j7XgV ...

Market Performance - The US stock market saw significant gains on July 23, with the Dow Jones Industrial Average rising by 507.85 points, or 1.14%, closing at 45010.29 points. The Nasdaq Composite increased by 127.33 points, or 0.61%, closing at 21020.02 points, marking its first close above the 21000-point threshold. The S&P 500 index rose by 49.29 points, or 0.78%, closing at 6358.91 points [1][3][4]. Trade Agreements - President Trump announced a trade agreement between the US and Japan, which has heightened market expectations for further trade agreements before the August 1 tariff deadline. The agreement includes a reduction of the reciprocal tariff rate from 25% to 15% and Japan's commitment to invest $550 billion in the US [2][6][7]. Sector Performance - In the S&P 500, nine out of eleven sectors experienced gains, with the healthcare and industrial sectors leading with increases of 2.03% and 1.75%, respectively. The utilities and consumer staples sectors saw declines of 0.79% and 0.07% [8]. - Major technology stocks mostly rose, with AMD increasing over 3%, and other companies like NVIDIA, Boeing, and TSMC rising over 2%. Financial stocks also saw gains, with Mizuho Financial up over 6% and UBS Group up over 3% [8]. Chinese Stocks - The Nasdaq Golden Dragon China Index rose by 0.75%, with notable increases in stocks such as iQIYI, which rose over 4%, and Tiger Brokers, which increased over 3%. However, some stocks like NIO and Li Auto saw declines of over 1% [9].

RT Bloomberg Live (@BloombergLive)ICYMI: “Over 700 million people are subscribed to Netflix alone - the average hours people spend watching TV and film is over 3 hours a day,” @GoodEnergy's Anna Jane Joyner at #BloombergGreen.⏯️ https://t.co/qwBACEjpQR https://t.co/EsVSmR0wAE ...

#BREAKING: Meghan and Harry lose their Netflix deal, according to reports. https://t.co/ARHqXBcMmB https://t.co/ARHqXBcMmB ...

Will Netflix renew "Wednesday" for a season 3? https://t.co/Rr47KQBQKR https://t.co/a7ENp0sWWz ...

Group 1: Market Overview - The Hong Kong stock market continues to reach new highs, with the Hang Seng Index closing at 25,130 points, up 135 points or 0.54% [2] - The total trading volume on the main board was HKD 266.1 billion, an increase of 1.2% compared to the previous day, with the Stock Connect trading accounting for 30.6% of the total [2] - Northbound capital saw a net inflow of HKD 2.717 billion, a decrease of 61.5% from the previous day, with the most net purchases in China Life, CCB, and SMIC [2] Group 2: Sector Performance - Among the 12 Hang Seng Composite Industry Indices, 11 rose while 1 slightly declined, with materials, industrials, and utilities leading the gains [3] - The lithium battery sector performed well, with Ganfeng Lithium and Tianqi Lithium both rising over 6% [3] - The healthcare sector recorded a minor decline of 0.004% [3] Group 3: Company Insights - JD.com announced a HKD 4 billion acquisition of a 70% stake in Jia Bao Supermarket, which will be managed by the founder for three years before transitioning to JD.com [4] - The acquisition is expected to enhance JD.com's retail network and property holdings, with Jia Bao operating around 90 stores in Hong Kong [4] Group 4: Netflix Performance - Netflix reported Q2 revenue of USD 11.1 billion, a year-on-year increase of 16%, benefiting from subscriber growth and price increases [6] - The company raised its 2025 revenue guidance to USD 44.8 billion - USD 45.2 billion, reflecting a year-on-year growth of 15% - 16% [8] - Netflix's operating profit for Q2 increased by 45% to USD 3.8 billion, with a profit margin of 34.1%, up 7 percentage points year-on-year [6][8] Group 5: Future Outlook for Netflix - Netflix is expected to enter a strong content cycle in the second half of the year, with significant new releases planned [7] - The company anticipates an increase in content amortization costs but expects overall operating profit margins to remain robust [7] - The stock price target for Netflix has been raised to USD 1,379, reflecting a 48.3x/40.3x P/E ratio for 2025E/2026E [8]

Core Viewpoint - A wave of upgraded guidance from major U.S. companies is reshaping the outlook for the rest of 2025, with strong Q2 earnings prompting several firms to lift their full-year forecasts and analysts responding with price target hikes across Wall Street [1] Company Summaries Netflix - Netflix raised its full-year 2025 revenue guidance from $44 billion to $45 billion at the midpoint following its Q2 2025 earnings release [2] - The company attributed this change primarily to favorable foreign exchange (FX) movements, which led to a decline in its share price by over 5% post-earnings [3] - Despite the share price drop, analysts raised their price targets significantly, with the average target post-earnings at approximately $1,477, indicating a potential upside of 22% [4] Levi Strauss & Co. - Levi Strauss & Co. increased its full-year revenue outlook, now expecting a growth of 1% to 2% in 2025, a notable improvement from the previous forecast of a 1% to 2% decline [5][6] - The midpoint of its adjusted earnings per share guidance was raised by $0.05 to approximately $1.275, prompting analysts to raise their price targets by at least $3, with UBS Group increasing its target by $8 [7] JPMorgan Chase & Co. - JPMorgan Chase & Co. reported strong Q2 results, beating sales and adjusted EPS estimates, and raised its net interest income guidance for 2025 by $1 billion to $95.5 billion [9] - Analysts responded by raising their price targets, with the average target updated post-earnings indicating an upside potential of around 11% [10] Johnson & Johnson - Johnson & Johnson lifted its revenue outlook for the year, now expecting revenues between $93.2 billion and $93.6 billion, an increase of $2 billion from previous estimates [12] - The midpoint of its full-year adjusted EPS was raised to $10.85, leading to several analysts raising their price targets, with the average target indicating nearly 9% upside [14]

Core Insights - The long-term returns of a stock are closely tied to the underlying business's performance, with a business earning 6% on capital over 40 years yielding similar returns for investors, regardless of initial purchase price [1] - A business that earns 18% on capital over 20 to 30 years can still provide satisfactory returns even if purchased at a high price [1] - The impact of taxes on investment returns is significant, with a 35% tax at the end of a 15% compounded return resulting in a 13.3% annual return, while annual taxation reduces the return to 9.75% [1] Investment Strategy - Holding investments in high-performing companies for extended periods can yield substantial advantages due to the effects of compounding and tax treatment [1] - The difference in returns due to tax implications over long holding periods can be substantial, emphasizing the importance of tax strategy in investment decisions [1]

Core Viewpoint - The article discusses the performance of Netflix, Inc. (NASDAQ: NFLX) stock following a sell rating issued in April, noting that the stock has gained approximately 10% since then [1]. Group 1 - The analyst's previous warning to Netflix investors has not resulted in the anticipated decline, as the stock has increased in value [1]. - The analyst emphasizes a strong focus on the tech sector and holds a Bachelor of Commerce Degree with Distinction, majoring in Finance [1]. - The analyst expresses core values of Excellence, Integrity, Transparency, and Respect, which are deemed essential for long-term success [1].

Netflix's Performance & Concerns - Netflix's stock experienced a drop of 35% today and is down almost 7% since reporting earnings last Thursday [1] - Netflix's earnings were satisfactory, meeting expectations [3][4] - Engagement, measured by viewing time, is crucial for Netflix's growth, influencing price increases and programming budgets [4] - There are concerns about Netflix's viewing engagement levels, particularly its share relative to YouTube [4][5] - Netflix's share of total TV time is approximately 8%, while YouTube's is 125% [4] - Netflix's share of streaming viewing versus linear television has remained stable at 6% [5] - Netflix's shows used to represent 80% of the top 10 streaming shows, but now only account for about 50% [7] - Viewing per viewer has decreased despite the growth of Netflix's subscriber base [8] AI's Impact - AI is expected to be a double-edged sword for Netflix, benefiting targeted advertising in the near term [10] - AI production tools may reduce programming costs in the future [11] - AI could empower YouTube creators to produce professional-looking content, potentially increasing YouTube's viewership [12]