Betting against CEO Reed Hastings has been a losing wager through the years. For it’s important to keep the bigger picture in mind on Netflix: the company is still a growth beast that is playing into human’s fundamental desire to sit at home and watch content sans paying for cable, and also consume it on the go. Consider this: Netflix projects it will pass the 100 subscriber mark this weekend; no other rival in the space is even close (excluding HBO, which is somewhere around 134 million subs). The company only stands to widen its lead vs. rivals by spending $6 billion in content this year, with $1 billion alone dedicated to marketing. When she goes to sleep after Netflix and Chill and you have to wake her for her Uber arriving Kevin Gross (@BatmanR20) April 14, 2017 “The U.S. market is continuing to grow nicely, even if every incremental 10 million subscribers is harder than the last 10 million,” Hastings said on an video shared to YouTube on Monday evening. guidanceThe key point is that Netflix will likely get those 10 million new subscribers. Read This Or Lose Out Sorry Disney, it’s all about Ferrari Land: With all due respect to Disney’s ( DIS ) Magic Kingdom, the new Ferrari Land that just opened in Spain looks way more fun.Ferrari Land is the second theme park built as a homage to the supercar brand, with the first one opening back in 2010 in Abu Dhabi, points out Motor Authority. Relax,Ferrari ( RACE ) shareholders, the company isn’t footing the bill for these parks — each is operated by an investment firm that licenses all the Ferrari graphics and logos. Yes, the park’s main rollercoaster goes from 0 to 112 mph in a mere five seconds (see below) The real thrill, nonetheless: shares of Ferrari have raced 60% higher over the past year. A post shared by karimathys (@karimathys) on Apr 18, 2017 at 3:02am PDT Aren’t any other stocks driving the stock market: The 10 largest stocks in the S&P 500 have powered roughly 53% of the S&P 500’s 4.7% increase this year, reports The Wall Street Journal.
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