Netflix is hemorrhaging subscribers, and its stock is plummeting. Elon Musk says it's because of all the woke crap. Is it? Also, Jack Dorsey is sounding more and more based these days. And poor Bill O'Reilly had a bad travel experience.

Elon Musk Agrees WOKENESS is RUINING Netflix! Here's How... | Louder with Crowderyoutu.be

NETFLIX STOCK PLUMMETS

• Netflix released its Q1 earnings report yesterday, and the numbers are not looking great. SOURCE: WSJ
• Netflix lost nearly 200K subscribers since the end of Q4.
  • FIRST LOSS IN A DECADE
  • +2.51M new subscribers were expected.
  • Netflix also expects to lose 2M global subscribers this quarter.
• This news cratered the price of Netflix stock by 26% in pre-market trading. SOURCE: Yahoo
• NETFLIX PLAYED DEFENSE, claiming there were “four interrelated factors” to explain its poor performance. SOURCE: Netflix
  • #1. - Lack of Broadband accessibility
  • #2. - Password Sharing
  • #3. - New Competition
  • #4. - Macro factors like inflation and Russia’s invasion of Ukraine
• Elon Musk chimed in on what that might be: “The woke mind virus is making Netflix unwatchable.” SOURCE: DailyMail'
• It’s not just Netflix. Walt Disney stock, the parent of Disney Plus, also fell 5% in pre-market trading. There are many technical reasons for the drop, but Disney alienating half of its audience over the DeSantis bill definitely didn’t help. SOURCE: FinancialTimes

MISC

• Jack Dorsey Unloads on Brian Stelter, Accuses CNN of Creating Fake News During Ferguson Riots
• Former Twitter CEO Jack Dorsey Speaks Out About Elon Musk Drama, Sounds Somewhat on Elon's Side
• Ezra Miller Arrested Again in Hawaii
• Bill O’Reilly Lashes Out at JetBlue Worker
• White Hot: The Rise & Fall of Abercrombie & Fitch

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