Welcome to the first edition of News’ Flash. This will be an ongoing series, however it will not have a consistent schedule. Rather, I prefer to take the more noteworthy news that occurs over the recent days. This will basically give you a quick headline summary of the 3 top news and my quick thoughts on them.

One of the greatest growth stocks of this year, Netflix, suffered more than a 10% drop in share price after they announced they missed analyst expectations for earnings per share (EPS).

My thoughts:

Most people who read the article would be wondering why Netflix suffered such a significant drop in its share price when they actually surpassed revenue targets and subscriber sign-ups. The main issue is that Netflix faced a sharp decline in income, announced a bleaker outlook AND had a slight change in its management. Investors hate unpredictability. Despite the coronavirus still being at all time highs in the US, people...