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Netflix reported its quarterly earnings on Tuesday, and revenue was $11.51 billion—slightly below Bloomberg’s forecast of $11.52 billion. Earnings per share were $5.87, below an estimate of $6.94. (All of this is per Yahoo! Finance). Not catastrophic, but not great. The company’s stock price went down by 5.6%.
But hey, how about all that AI?
In its shareholder letter, and then again in its earnings call, Netflix co-CEOs Ted Sarandos and Greg Peters touted coming generative AI…
