📈 Netflix Pops

Plus: China's new stimmy

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Good Morning!

First up, Netflix is stealing the show again! The streaming giant added a whopping 13.1 million users in the fourth quarter, sending its stock soaring by 9%. Talk about a blockbuster performance!

Next, hold onto your hats because there's a Super AI stock out there that's been doing backflips on the market. And for our grand finale, oil's doing its best tightrope act, steadying near $80. Thanks to China waving its economic wand with a new stimulus package.

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Markets

Netflix Pops, January Flash PMI Data, and More Earnings (5 minute read)
Over in Europe, the markets are up in midday trading, and it looks like the U.S. is about to join the fun with some cheery equity futures. The mood is extra bright thanks to Netflix, who've apparently wowed everyone with some stellar results.

And guess what? James Bullard, the former bigwig at the St. Louis Federal Reserve, is dropping hints that interest rates might get a trim as early as March. And here we thought they’d wait until inflation played nice and hit that 2% target!

Investing

Netflix Stock Rises 9% After Streamer Gains 13.1 Million Users in Fourth Quarter (1 minute read)
Looks like Netflix is back with a bang, folks! They've just hit their best subscriber growth since we were all binge-watching in our PJs during the lockdowns. After the market closed on Tuesday, Netflix dropped their fourth-quarter earnings report, and boy, did it turn heads! Their stock, NFLX, zoomed up by a whopping 9% in after-hours trading. What's the secret sauce? Solid subscriber numbers and revenues that didn't just meet but leaped over what Wall Street expected.

This Super Artificial Intelligence (AI) Stock Has Surged 20% in 2024 Already. Here's Why It Is Still a Screaming Buy. (5 minute read)
2023 was a year to remember for Super Micro Computer (SMCI), who absolutely rocked the stock market with a jaw-dropping 246% gain! It's like the market couldn't get enough of them, cheering on their impressive growth and bright future. And guess what? They're not slowing down. 2024 has kicked off, and Super Micro is still sprinting ahead, keeping up their solid performance.

Oil steadies near $80 as China announces stimulus (5 minute read)
Oil's playing it cool this Wednesday. On one side, there's a bit of a boost from China's latest economic stimulus moves and all those ever-exciting geopolitical dramas. But on the other, there's a bit of a drag with lukewarm demand and a dollar that's flexing its muscles.

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