Welcome to the Tech Meme Ride Home for Tuesday, July 17th, 2018. I'm Brian McCullough.

Today, Netflix's subscriber miss, Amazon's Troubled Prime Day, Walmart and Microsoft

team up against Amazon, some big problems with voting machines and the big autonomous vehicle startup you've probably never heard of

Here's what you missed today in the world of tech

Well, Netflix has hit a bit of a speed bump on its road to world domination. After the closing bell yesterday, Netflix reported earnings, which were fine, a profit of $384 million, up from $65 million in the same quarter last year, revenue was up 40% to 3.91 billion, but those weren't the numbers Wall Street

was focused on. Netflix said it saw membership growth of 5.2 million subscribers in the quarter and the problem is that

was 1 million less than the company had forecast.

Netflix blamed the miss on faulty internal forecasting and admitted that this seems to be something

the company has a problem with. Netflix has missed membership forecasts targets three times in the past

ten quarters. On the conference call, CEO Reed Hastings said that there is, quote, lumpiness in the business,

and they can't quite figure out why they seem to misforecasts every now and again.

Nonetheless, Hastings said, quote,

fundamentals have never been stronger. Our viewing is

setting year over year records. We're feeling very

chill about these results.

Netflix stock was down as much as 14% overnight

and it opened down around 12% this morning.

Before recovering slightly, some analysts cut their price targets on the stock, but Netflix Bulls

also came out of the woodwork to point out strength in other numbers reported.

For example, 4.5 million of Netflix's 5.2 million new subscribers came from overseas.

Some people think that Netflix has plenty of room to grow internationally, but the

company's forecast for global net subscription additions of 5 million next quarter

...