Netflix Q2 earnings report
Netflix is doing anything but chill after its Q1 report. Last quarter, the streaming service lost 200,000 subscribers — its biggest drop in a decade. The company cited competition from other platforms as a culprit. Along with password sharing, with 100 million households worldwide sharing accounts. Meaning, Netflix is losing out on a lot of subscribers and revenue. We'll see if they were able to turn it around in Q2.