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Netflix Knackered - Earnings Miracle "Gains" Evaporate As FANGs Fall

Mainstream business media could not stop itself from exuberating all over Netflix' earnings last night, but apparently some sober reading overnight reminded investors that US member growth is slwoing and cash burn hit a record high. From up 10% to down 6%... NFLX is tumbling...

 

 

and FANTAsy stocks are FUBAR once again...