⚡️ Netflix soars

Together with Shareholder Voter Exchange 

Good morning investors! Earnings season is now in full swing with big tech ready to roar. All eyes will today be on Tesla, which has been in a bad position.

Today we cover:

• Netflix smashes records.

• Crypto is down.

• The cost of raising kids – part II.

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📊 Economy and News 

Uncertainty everywhere

On Tuesday, Former President Donald Trump secured a significant stride in his quest for a third consecutive Republican presidential nomination by winning the New Hampshire primary. This victory came in a head-to-head contest against his sole remaining challenger, former South Carolina Gov. Nikki Haley.

On the other hand, asset manager Amundi warned Taiwan could face a possible blockade due to increasing tensions with China; however, business advisory firm Teneo doesn’t see it happening.

Risk perceptions of the Taiwanese market are expected to strengthen even though a DPP election victory was largely factored in.

The situation is also messy in Pakistan, which is preparing for an election next month followed by Portugal in March where a large number of foreigners have moved in the last few years and this election will decide the fate of people who plan to make it their new home.

Global hits:

• The Bank of Japan chose to retain its ultra-loose policy, keeping rates at -0.1%. Board members believe a 2% inflation target is near.

• Alphabet cuts ties with Australian AI firm that helped train Bard and Google Search.

• Chinese stocks have lost $6 trillion in 3 years.

📈 Stocks

S&P 500 4,864.60 (+0.29%)
DJIA 37,905.45 (-0.25%)
NASDAQ 17,404.20 (+0.43%)
BRENT CRUDE 79.43 (-0.14%)
* Prices as of Jan 24th, 12:20 AM UTC

Netflix hits a sixer

Netflix is now at a two year high despite an EPS miss. Here are the numbers:

• Netflix reported $8.8 billion of sales, higher than the estimated figure of $8.7 billion.

• The company reported $2.11 earnings per share in the three-month period ending December 31, lower than the estimated figure of $2.22.

A great year: This was a great year for the company as its $33.7 billion of total revenue and its $5.4 billion of net profits were both at record levels. 💃 

Users: The company added 30 million net users in 2023, its best figures since 2021. The last quarter proved to be a great one with the addition of 13.1 million net users topping analyst estimates of 8.7 million. 🕺 

Not close to an all time high: The company still has a lot of potential as it is still 25% away from its all-time high despite more than doubling over the last 18 months. 😮 

Changes: The company is changing now with live sports events and plans to air live award shows. Just yesterday its announced a new partnership with WWE to air RAW, but isn’t yet ready to go all out with sports shows.

Moreover, it has no plans to venture into the traditional cable TV space but some major series and movies are expected.

Its full-year 2023 revenue growth of 12% was twice the growth in 2022. Operating margin has grown by 300 bps to 21%. Moreover, it now has $6.9 of free cash flow.

More importantly, we might see more hikes this year.

Guidance: Management is forecasting a 2024 operating margin of 24% and an EPS of $4.49 for the first quarter, both higher than prior expectations.

The stock is up 9.2% after the close and is expected to get some upgrades.

We must add that Netflix was our ‘Investment of the Week’ and we had predicted a movement of 8.02%. Our Pro subscribers benefited from this prediction, you can too.

Join the Pro now (first month free for new users).

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🔐 Crypto

Bitcoin $39,735 (-0.36%)
Ethereum $2,219 (-0.94%)
Total market cap $1.53 (-0.53%)
* Prices as of Jan 24th, 12:20 AM UTC

Bitcoin is going down

Bitcoin is now It even went below $39,000 momentarily and is now flirting with the $40K mark.under $40,000 for the first time in about seven weeks. 

Moreover, Coinbase has lost 20.84% since the beginning of the year and is expected to fall more after JPMorgan Chase analysts warned that the stock could crash 35%.

Also, an Ether ETF might not be near.

💵 Personal Finance

Financial benefits of having kids – part II

Let’s continue yesterday’s topic and talk more about the financial benefits of having kids:

Grants

A number of government and private organizations offer grants to families with children. Based on your location, you can get up to $20,000 to spend on your children and even more in some cases. For example, there are additional grants for people who raise children with special abilities.

Moreover, some of these grants are designed to help people buy a home. You will, however, have to meet eligibility requirements, i.e.: have a specific number of children, earn a specific amount of money, etc.

Free money

Some countries are now offering free money for having kids in an effort to improve birth rates. The list includes popular names like Germany, Japan, Russia, and Taiwan. However, these offers usually come with conditions. Also, we do not recommend you to have kids just to get paid.

Paid leaves

Based on your location, you might get paid maternity and paternity leaves that can run for up to 12 months. European nations, including Estonia, Croatia, and Bulgaria are known for offering gracious leaves – 68 to 62 weeks – to mothers. Similarly, countries like South Korea and Sweden offer long paid leaves to dads.

Family discounts

A large number of places, including entertainment avenues, hotels, and some airlines, offer family discounts.

These great benefits can help make kids more affordable. Still, we suggest that you watch this video to know if you’re financially prepared to have kids:

💰 Be a Better Investor

👩🏽‍⚖️ Legal Stuff
Nothing in this newsletter is financial advice. Always do your own research and think for yourself.

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