Microsoft is sitting on a cash war-chest. Here is how they may spend that money, according to one analyst.
Investors weren't put off by Netflix's (NASDAQ: NFLX) mixed earnings report last week, and Netflix stock ended the week at a year-to-date gain of 23%. Investors might be seeing more potential in the company's ability to evolve, and we've already seen Netflix demonstrate this when it went from being a DVD-rental website to a streaming company to a content creator. Squid Game is Netflix's most-watched show ever, bringing in 4.4 million net new paid subscriptions in the third quarter, double the number last year, when streaming exploded due to lockdown orders.
These companies can pass on the cost difference to consumers and still grow their top and bottom lines.