🌟 Reader of the week: Joey martin🎉🎉🪅🎊
Welcome to another exciting day in the vibrant tech ecosystem! We've got a packed newsletter full of insights, events, and inspiring stories from the heart of innovation.
🎬 Netflix Gears Up for Earnings — Eyes on Ad Growth & Margins
Netflix (NFLX) reports Q3 earnings on October 21, and Wall Street is watching closely. Analysts expect around $11.5B in revenue and $6.96 EPS, driven by strong momentum in its ad-supported tier and steady subscription price hikes.
The streaming giant’s ad business could be the real star — forecasts suggest ad revenue might double this year, boosting profit margins and justifying its premium valuation.
If Netflix beats on both profit and ad growth, shares could surge past recent highs toward the $1,400+ range. But a soft outlook or slowing ad uptake could trigger a pullback.
📈 Bottom line: Investors want proof that Netflix isn’t just leading streaming — it’s leading profitability too.
🚀 Broadcom Soars on Major OpenAI Partnership
Broadcom (AVGO) is making serious waves after unveiling a blockbuster deal with OpenAI to co-design and deploy 10 gigawatts of custom AI accelerators and networking systems — a direct challenge to Nvidia’s data-center dominance.
The multi-year collaboration cements Broadcom’s position at the heart of next-gen AI infrastructure. Its advanced Tomahawk Ultra networking chips will serve as the backbone of OpenAI’s new clusters, leveraging Broadcom’s Ethernet expertise for faster, more efficient data flow.
Investors cheered the news, sending AVGO shares up nearly 10% this week. With VMware’s restructuring underway and new AI hardware deals stacking up, Broadcom is emerging as one of the strongest infrastructure plays in the AI boom.
💡 If Broadcom executes, this could mark the start of a new growth era — where chips, connectivity, and AI systems all converge under one powerful roof.
Till next time,