CNBC Squawk Alley January 23, 2018
Were going to have a house party good tuesday morning. Im Carl Quintanilla netflix a big story. Trading at all time high surpassing 100 billion in market cap for the first time after earnings shares up on strong guidance for on going growth which is driven by the commitment to content on the earnings call, Reid Hastings said because theyre growing faster than expected, theyll invest more than planned. It is 8 billion but it will be higher in 2019 and 2020 so dont think of it as 8 billion and a new plateau. Instead, its just a point in time as we grow both the revenue and our content budget for...