What Neflix’s Drop in Subscribers Means for Streaming + MORE May 13th

If you’re looking to invest in the United States stock market but don’t live in the US, you may be wondering how to buy US stocks in Japan. Fortunately, it’s relatively easy to do, and here’s a guide on how to get started:
Choose a broker
The first step is to choose a premium broker. There are many different brokers, so you’ll need to do your research to find the right one for you. Some factors to consider include the fees they charge, the range of products they offer, and their customer service record.
Open an account
Once you’ve chosen a broker, you’ll need to open an account with them. This process will vary depending on the broker but will typically involve filling out some paperwork and providing some identification.
Fund your account
After selecting your prefered broker and opening an account on their platform, you must fund your new trading account. Most platforms are userfriendly with quick transfer options directly from your bank account…

Million Dollar Journey editor and Canadian Financial Summit founder Kyle Prevost shares financial headlines and offers context for Canadian investors.

Making sense of the nonsensical

I’m one month into writing “Making sense of the markets” when this happens: everything and anything. 

Is there like a dollar sign-shaped bat signal we can use to summon Dale Roberts back? (Roberts is the original writer of this column.)

Making sense of the short-term movements in asset markets is never exactly easy. But for the last two years, forecasting most of the world’s stock markets has meant deciding which beautiful sky was the sunniest. We had it pretty good. Recent headlines, though, have proven that the outlook just got a lot cloudier.

The first thing to keep in mind when looking at the stock market’s serpentine moves over the last week is that prices really are pretty rational in the long term. Over the short-term, however—not so much. How do we justify a stock price dropping 10% or more of the price evaluation before its earnings announcement, despite meeting earnings expectations for the last three months? The lesson being, of course, that while markets are generally efficient, it can take them a while to realize that efficient pricing mechanism’s full potential…

There was once a time when Netflix dominated the category of streaming so strongly that it became synonymous with the activity itself. But the monopoly that Netflix once held is fading. Platforms like Apple TV, HBO Max, Disney +, Crave and Amazon Prime are competing for viewers. Netflix reported a loss of 200,000 subscribers in the first quarter of 2022, a contrast to the more than 2 million subscribers it predicted to add. It’s the first time in a decade that the company reported a loss in paid users. That announcement, in April, led to a 35 per cent drop in stock prices. 

As Netflix’s growth slowed, HBO said it added nearly 13 million subscribers in 2021 across HBO and HBO Max. In May, Disney reported it added 7.9 million subscribers in its second quarter, and Apple TV said it boosted new viewers by 25 per cent in March after the film CODA—which streams on the platform—won an Oscar. 

Netflix attributed its slowdown due to a variety of factors in a letter to shareholders, including account sharing—meaning one paying customer gives their password to others—disruption caused by the pandemic and increased competition from rival streamers…