$Netflix(NFLX.US)
context: Netflix was my wrong move. I bought Netflix share when seeing that they are going to introduce advertisement into their subscription plan and creating another source of revenue. They are expecting to deliver roughly US$3 billion for this FY. This is already an increase of 100% from the initial US$1.5 billion from previous year. Netflix is trying hard to earn from advert, the total active subscribers with advert are ~250 million and are showing encouraging number.
My Trade: trim Netflix shares
Takeaway: For now advertising is still a small slice of Netflix total full-year revenues at > US$50 billion.$NVIDIA(NVDA.US)
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