Netflix shares fell more than 8% in after-hours trading , as a disappointing second-quarter outlook and leadership changes outweighed otherwise solid first-quarter results. Weak Guidance Sparks Sell-Off Netflix forecast Q2 earnings of US$0.78 per share , below analyst expectations of US$0.84 , while revenue is projected at US$12.57 billion , missing the US$12.64 billion consensus . The weaker guidance raised concerns over near-term growth momentum , triggering a sharp negative market reaction. Strong Q1 Performance Fails to Impress For the first quarter: Revenue rose 16% YoY to US$12.25 billion (above estimates) Earnings surged 86% to US$1.23 per share However, earnings were boosted by a US$2.8 billion one-off termination fee , reducing the quality of underlying growth. Operating margin improved to 32.3% , but still came in below expectations (32.4%) , further dampening sentiment. Rising Costs and Strategic Sh...
A very interesting article which appeared in The Edge Financial Daily, February 4th which I would like to share out with every one, which is related to Feng Shui. Whether you all trade using the Feng Shui Index or not, it is still up to you because if Feng Shui is really that accurate, we will be seeing all the Feng Shui master as Top 10 richest in the world. However the article is indeed interesting. I do find myself on and off being superstitious (proven to be quite true especially when watch football with people that I consider bringing bad luck, as well as last year when I saw a "so-call" Feng Shui calendar for KLCI which says the market is not going to be good after April, in which I decided to take profit on one of my stocks, in which it continue to rocketing up after that). The article is as follow ... HONG KONG: The Dow Jones Index gained significantly in the previous year of the Golden Tiger in 1950, but Tiger years are typically marked by dramatic changes and even ...