Bill Ackman Loses $430 Million on Netflix | On The Margin
Podcast |
On the Margin
Publisher |
Blockworks
Media Type |
audio
Categories Via RSS |
Business
Business News
News
Publication Date |
Apr 23, 2022
Episode Duration |
00:49:16
In this episode, Mark and I kick things off with Netflix's earnings. After posting their first ever subscriber loss, the stock tumbled nearly 40% costing recent investor Bill Ackman $430 Million in just three months. We covered what this recent sell-off might portent for tech stocks moving forward. After Netflix we moved on to discuss the Yen and it's rapid slide against the dollar. Mark gave some color as to why the Yen functions as a reserve asset for global investors, and what its depreciation means for markets. Finally we covered the recent rise in food prices, the Bitcoin lightning network, and crypto valuations. For that, you'll have to tune into the show. -- Follow Mark Yusko: @MarkYusko Follow Mike: @MikeIppolito_ Follow Blockworks: @Blockworks_ -- Listen to this episode on Apple or Spotify. Apple: https://tinyurl.com/mry8y4k3 Spotify: https://tinyurl.com/3vnnkrkw -- Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks serves over 725 financial institutions, has secured the transfer of over $1.5 trillion in digital assets, and has a unique insurance policy that covers assets in storage & transit. For more information, please visit https://onthemargin.link/fireblocks -- If you like this episode be sure to subscribe to our newsletter at https://blockworks.co/newsletter

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