CNBC's "Fast Money" Netflix Swings After Reporting… And Trump Takes Aim At Powell 4/17/25
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Apr 17, 2025 Steve Leisman, an in-house reporter known for his deep insights into economic policy, discusses Netflix's impressive quarterly earnings that surprised the market. He highlights the company's strategies in the competitive streaming arena. The conversation shifts to Trump exerting pressure on the Federal Reserve, exploring the economic ramifications. They also dive into Eli Lilly's potential game-changing obesity pill for diabetes, revealing stock performance trends and market implications, as well as scrutinizing Alphabet's legal challenges in advertising.
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Netflix's Resilient Growth
- Netflix reported a strong top and bottom line beat with improving operating margins near 32%.
- The company sees no significant subscriber changes and continues to guide revenue growth above midpoint expectations for 2025.
Netflix's Streaming Share Growth
- Streaming still only accounts for 44% of TV time, leaving growth room for Netflix's share gains.
- Netflix's expanding ad revenue and operational efficiencies support growing margins and justify its valuation.
Consequences of Removing Fed Chair
- President Trump considered terminating Fed Chair Jerome Powell, sparking market concerns about dollar and bond value.
- Such a move risks eroding market consensus and Fed's inflation control credibility, driving investors toward gold.