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"Lost Its Mojo": Wolfe Downgrades Netflix As Billions In Content Spending Fails To Deliver Hits
"Lost Its Mojo": Wolfe Downgrades Netflix As Billions In Content Spending Fails To Deliver Hits
Wolfe Research downgraded Netflix early Thursday, warning that "bears are winning the engagement debate" and that the subscription-based streaming service "has lost its mojo."
"Engagement failed to respond to rising investment, and last week's content leadership changes convince us that solutions require patience & lower incremental margins. Attention economy competition is rampant. Consensus estimates look fair," analyst Peter Supino wrote in a note on Thursday morning.
Supino estimates that engagement in the US and Canada was flat...
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Mar 6, 2026 / Tyler Durden
What If The Automatic Stock Buying Just...Stops?
What If The Automatic Stock Buying Just...Stops?
Submitted by QTR's Fringe Finance
My readers know that for the last couple of years I’ve repeatedly warned about the “passive bid” in markets. By that I mean the constant, automatic buying of stocks driven by retirement plans, ETFs, and other systematic investment programs.
This bid isn’t discretionary. It doesn’t ask whether valuations are reasonable and it doesn’t care whether earnings justify prices. It simply asks one question: did money flow in? If the answer is yes, it buys. It buys regardless of valuation, regardless of...
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Apr 21, 2026 / Tyler Durden
Gold Vs An Erupting Financial Volcano
Gold Vs An Erupting Financial Volcano
Authored by Matthew Piepenburg via VonGreyerz.gold,
Below, we look soberly at the historical case of gold in the backdrop of current headlines and a global financial system nearing an eruption moment.
Although the catalysts of oil, war, bond dysfunction, and bloated stocks may seem modern and unique, the current case for gold is as timeless and constant as nature itself.
Volcanic Parallels…
In May of 1980, David Alexander Johnston, a volcanologist for the United States Geological Survey, was manning an observation post 10 kilometers from the percolating volcano...
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Jul 7, 2026 / Tyler Durden
Hours After Biggest Drone Blitz On Moscow In Two Years, Zelensky Turns Up Heat At NATO
Hours After Biggest Drone Blitz On Moscow In Two Years, Zelensky Turns Up Heat At NATO
Ukraine's President Zelensky is in Ankara for the annual NATO summit, trying to bring the pressure on the alliance to step up more defense backing amid the grinding war with Russia, which has increasingly turned into a 'battle of the skies'.
Over 430 Ukrainian drones targeted Moscow and the surrounding region overnight, soon after which Zelensky appeared on the NATO stage Tuesday, urging allies to prioritize the production of anti-ballistic missile systems. Already Britain has said it plans...
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