After Facebook led a big market rally, Apple fell and Amazon tumbled on earnings. Elon Musk disclosed Tesla stock sales. Read More...
TheStreet.com
How Netflix Plans to Have the Last Laugh
Netflix hasn’t been having the best month. Last week the news broke that Netflix lost 200,000 global subscribers in the first quarter of the year, “significantly missing the Street consensus forecast of a 2.5 million gain and taking the overall total down to 221.64 million,” as TheStreet’s Martin Baccardax wrote. The phrase “Netflix Is A Joke” began as a self-deprecating marketing slogan, thrown onto billboards that advertised comedy specials from the likes of Bill Burr and Ali Wong.