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Wall Street Unplugged - What's Really Moving These Markets

Netflix won’t be the only company to bomb its quarterly earnings

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Commodities, Investments, Economics, Trading, News, Stocks, Oil, Uranium, Business News, Crypto, Investing, Crisis, Business, Gold, Industry, Debt, Macroeconomics, Talk, Research, Personal, Geopolitics, Curzio, Finance, Tokens

4.61.1K Ratings

🗓️ 20 April 2022

⏱️ 34 minutes

🧾️ Download transcript

Summary

Streaming giant Netflix (NFLX) is down nearly 40% after reporting dismal quarterly earnings. Daniel and I go over the numbers… whether the stock is a buy at current levels… what these results say about the streaming business in general… and why we’ll see other companies suffer similarly bad results this quarter. We also cover how the metaverse will solve the internet’s biggest problems. In this episode: Breakdown of Netflix’s 30%-plus plunge [1:05] Why the steaming business is getting harder [3:35] How Russia hurt Netflix—and why other companies will suffer [7:10] The competitive market for consumers’ screen time [11:35] Why billions are flowing into the metaverse [16:40] Frank says banks need to do this… or they’ll be gone [20:30] The metaverse will fix everything you hate about the internet [26:30] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/ : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ : https://www.curzioresearch.com

Transcript

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0:00.0

Wall Street Unplug looks beyond the regular headlines, heard on mainstream financial

0:06.4

media to bring you unscripted interviews and breaking commentary direct from Wall Street

0:11.5

right to you on Main Street.

0:13.1

Let's go up there, it's Wednesday, April 20th.

0:19.1

I think Hershey was the Wall Street Unplug podcast where I break that headlines and tell

0:28.0

you what's really moving these markets, gonna bring in the one and only Dale Cree, senior

0:33.9

analyst at Curzio Research, he chose me every single Wednesday, what's up, Dale, how's

0:37.4

it going?

0:38.4

Not too much, another great day on the Millie Island Wednesday Wednesdays the rest days

0:42.7

of the week.

0:43.7

Your favorite date is today, right?

0:44.7

Yeah, boy, lead in with that.

0:46.5

Hey, it's 420, everybody.

0:48.1

I just go right on you, 420s, I guess 420 today, yeah, we can get effects of a smoking,

0:53.9

I said, who wants effects?

0:54.9

Let's just light it up.

0:55.9

Yeah, let's just light it up.

0:57.3

We're expecting something fun from Elon with all his 420 references going back to the

1:01.8

Tesla take over to the 5420 with Twitter, all that kind of stuff.

1:05.4

But for once, Twitter is not dominating headlines, but another stock is, oh, another stock

1:09.6

is.

1:10.6

Yes.

...

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