The Q2 earnings season for US stocks began last week. As we all know, US stocks are currently in the midst of technical bulls. Whether the tech bull can turn into an all-out bull market is particularly important. Last week, mainly US financial stocks released financial reports one after another, and this week, the technology stock earnings report kicked off!
The main force behind the current bullish trend in US stocks was brought about by technology stocks that continue to reach new heights. Therefore, several technology stocks that took the lead this week have naturally become the focus of the market, and their importance far exceeds that of last week's financial stocks!
Today, let's analyze the global streaming giant Netflix $Netflix (NFLX.US)$ ！
I. Overview of the company
1. Company profile: The world's largest streaming media leader, and its dominance over a long period of time is unshakable
Netflix is the world's largest online movie and TV streaming service provider and production company, and has long dominated the domestic video entertainment market in the US.With 17 subsidiaries around the world, Netflix has transitioned from a DVD rental business to a streaming service. The company's main source of revenue is subscription-based monthly service fees, which account for more than 99% of its revenue from streaming services. The company reaches out to customers through content distribution channels such as mobile apps, websites, TV software, gaming platforms, and DVD emails. As of the second quarter of 2023, the company had more than 220 million paid subscribers in over 190 countries, ranking first in the North American streaming market.
As of 20...