The U.S. stock market has hit new highs again! Congrats!👏 If you started investing in the US market at the beginning of the year and haven't made any major mistakes, you've probably seen some gains! 🎉
As we hit the mid-year mark, let's take a look back at our Premium Learning journey. Driven by AI and major tech stocks, the $S&P 500 Index(.SPX.US)$ and $Nasdaq Composite Index(.IXIC.US)$ have repeatedly reached new highs over...

US stocks were very exciting, yesterday $Netflix(NFLX.US)$After the release of the first quarter report, the market immediately fled in a panic. At one point, the stock price fell by nearly 40%, then recovered some of its current declines and reached 35%.
I just bought some Netflix based on the results after “US Stocks, Japan Research 2: Internet Stocks in the US Stock Market”, which was released on the 31st of last month. Yesterday I saw a sharp decline and checked the investment logic at the time again:
Netflix's net profit curve is very good, and the revenue curve is also very good. Note that the net profit growth rate is much higher than the revenue growth rate, which shows that Netflix's scale effect is very obvious. Even if revenue continues to grow at a slow rate, net profit will still grow at a relatively high rate. Currently, the market value is 169 billion, the price-earnings ratio is 33.86, the 4-year average growth rate is 74%, and the average revenue growth rate is 26%. The valuation is also relatively low, so you can choose (⭐️⭐️⭐️).
So, did the first quarter report actually damper Netflix's growth?
Opening the income statement, revenue increased 9.8% in the first quarter, which is very good. However, operating expenses increased by 20.7%, with management expenses increasing by 34% (100 million) and R&D expenses by 25% (130 million). After these two increases, operating profit increased by only 0.6%. Although operating profit did not change much, income tax increased by 16.6% (50 million).
See the problem? The decline in profits was not due to the so-called reduction in revenue, but to increased spending. The increased R&D costs are actually long...