CNBC's "Fast Money" cover image

Big night of earnings reports: Tesla, Netflix, United, oh my! 7/19/23

CNBC's "Fast Money"

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Netflix's Strike and the Impact on Revenue Growth

Netflix's subscriber numbers are really good, right? So they were expecting 2 million that came in at 6 and operating margins were better than expected. But when you talk about what they're saying about revenue growth re-accelerating next year, the street has 13% year of your growth with 29% expected earnings growth. The stock trades about 30 times. I don't think you have to buy it here, but it wasn't a disaster by any means, especially for a stock that's up 60% of the year up 200%.

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