Streaming giant Netflix: One of the biggest winners of Trump's first hundred days in office.
Streaming giant Netflix is on a winning streak, having risen for 11 consecutive days, which is the longest winning streak in the company's history. Its stock price increased by 2% on Friday. Since its public listing in May 2002, the stock price is now at an all-time high. This new winning streak follows the latest Earnings Reports released by Netflix on April 17. The Earnings Reports indicated that due to subscription and advertising revenues exceeding expectations, the company's income grew by 13% in the first quarter of 2025. During the first 100 days of President Trump's second term, Netflix has been one of the best-performing Stocks.
Wall Street criticizes: A single post from Trump can cause the US stock market to rise or fall by 5%, making economic data secondary.
Since Trump began his second term, fluctuations in the Stocks market have become a new normal. The President's Social Media presence may have more influence than actual economic data, which is not much different from his first term. Bill Eigen, a portfolio manager at JPMorgan, stated during a Television interview on Friday morning, "We are just a Truth Social post away from a 5% move every day. At this point, the data is almost secondary." He made this remark before the release of the USA non-farm payroll data. For example, last month, during Trump's...
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