$Netflix(NFLX.US) Netflix's Q3 revenue forecast of $12.86 billion and diluted earnings of 82 cents fell short of analyst expectations, leading to a huge drop in share price. The company is shifting focus from viewing-hours reports to prioritizing revenue and operating profit, aiming for new growth avenues including advertising and video games. Competition is intensifying, but Netflix remains confident in its performance, highlighting healthy engagement and plans to leverage technology and live events to support its growth strategy. The problem wasn't the headline numbers, but rather the forward guidance. In this era of the market, when forecast disappoints, the price reprices immediately, even if the results were just fine. I'm definitely going to load the dip, but it's not going to be a pretty ride. @Captain's Treasure

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