Netflix's Profits Clash With Peaking Business Concerns, Driving Interest In Direxion's NFLX Bull And Bear Funds

Content streaming juggernaut Netflix Inc. NFLX continues to set expectations ablaze, thereby seemingly justifying its market performance this year. Last week, the media giant posted second-quarter financial results that exceeded analysts' expectations. In fact, the company's net profit of $3.1 billion represented a fresh record. However, the volatility of NFLX stock following the results has led to probing questions.On the positive front, it's difficult to deny the underlying narrative of consistently robus ...