Netflix’s unbelievable cash burn just got 60% worse

If you’re a big fan of shows like Narcos, Stranger Things, House of Cards, or Orange is the New Black, you might want to think about sending a fruit basket to anyone you know who is a Netflix shareholder. Netflix reported its quarterly earnings again yesterday afternoon. And, as expected, the company is losing a […]

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Zelensky ‘less passionate’ about Ukraine joining NATO

The Ukrainian leader says the US-led bloc doesn’t want “a confrontation” with Russia Ukrainian President Volodymyr Zelensky has said that NATO is afraid that having Kiev join the US-led bloc will spark a conflict with Russia. The statement comes amid the Russian military campaign against his country.

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Billionaire Steven Cohen Flips the Script: Picking Up Facebook (FB) Stock, Tuning Out Roku (ROKU)

Back in November, billionaire Steve Cohen predicted a bear market was approaching. The time frame he gave during an interview with the Financial Times (FT) was for it to come in 18 months. Did his prediction come early? Cohen’s remarks were spoken to the FT as his new hedge fund Point72 raised $5 billion since […]

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