Diamonds and Dogs

3/17/25

Netflix (NFLX) jumps 4% on an upgrade. An analyst at Moffett Nathanson raised his stock price to $1100 a share, stating Netflix has won the streaming wars. The analyst went on to say Netflix can monetize its business with more advertising and advertising tier subscriptions to continue earnings and profit-margin growth.

Affirm (AFRM) gets dropped by Walmart. Fintech firm, Affirm known as the buy now, pay later finance firm is down 11% to a four-month low after Walmart decided to switch to rival firm called Klarna. Klarna coincidently recently filed for a U.S. IPO. Affirm disclosed that Walmart program represented about 5% of its gross merchandise volume.

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