"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Sydney and Singapore with Haidi Stroud-Watts and Avril Hong, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Sydney and Singapore with Haidi Stroud-Watts and Avril Hong, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
It is hard to find flaws in Netflix's (NFLX 0.71%) recent business performance. The streaming service giant's latest quarterly results showed a company firing on all cylinders, with accelerating revenue growth and expanding profit margins. But the hard part about investing is that a great business and a great stock are not the same thing -- especially once the market has already priced in years of...
It is hard to find flaws in Netflix's (NFLX 0.71%) recent business performance. The streaming service giant's latest quarterly results showed a company firing on all cylinders, with accelerating revenue growth and expanding profit margins. But the hard part about investing is that a great business and a great stock are not the same thing -- especially once the market has already priced in years of strong growth. While Netflix's underlying business momentum is undeniably impressive today, the stock's premium valuation leaves very little room for error. If competition intensifies and top-line growth slows, the multiple investors are willing to pay for the company's earnings could contract. On the other hand, Netflix's operating margin is likely to expand meaningfully over the next five years, providing a tailwind to earnings growth. So, if we assume the business continues to grow profits but its valuation multiple comes back down to earth, where exactly could Netflix stock realistically end up in five years? Impressive financial momentum Netflix's fourth-quarter update showed why investors are willing to pay a premium valuation for the stock. Its fourth-quarter revenue rose 17.6% year over year to $12.1 billion. This marked an acceleration from 17.2% growth in Q3 and 15.9% growth in Q2. The company also said it crossed 325 million paid memberships during the quarter, capturing the global reach of its brand. Profitability is moving in the right direction, too. Its full-year 2025 operating margin was 29.5%, up from 26.7% in 2024. Even more, Netflix guided for its 2026 operating margin to hit 31.5%. And then there is the company's advertising business. In its fourth-quarter shareholder letter, the company said ad revenue rose more than 150% in 2025 to over $1.5 billion. This new revenue stream is scaling quickly, helping the company become less dependent on steadily rising subscription prices and subscriber growth. Thanks to this powerful combination of top-line growth a...
Key Points Netflix's top-line growth accelerated in its most recent quarter, aided by a rapidly expanding advertising business. Management expects revenue growth to slow this year as the streaming landscape remains intensely competitive. Despite robust earnings growth expectations, a contracting valuation multiple could significantly limit shareholder returns. 10 stocks we like better than Netflix...
Key Points Netflix's top-line growth accelerated in its most recent quarter, aided by a rapidly expanding advertising business. Management expects revenue growth to slow this year as the streaming landscape remains intensely competitive. Despite robust earnings growth expectations, a contracting valuation multiple could significantly limit shareholder returns. 10 stocks we like better than Netflix › It is hard to find flaws in Netflix's (NASDAQ: NFLX) recent business performance. The streaming service giant's latest quarterly results showed a company firing on all cylinders, with accelerating revenue growth and expanding profit margins. But the hard part about investing is that a great business and a great stock are not the same thing -- especially once the market has already priced in years of strong growth. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » While Netflix's underlying business momentum is undeniably impressive today, the stock's premium valuation leaves very little room for error. If competition intensifies and top-line growth slows, the multiple investors are willing to pay for the company's earnings could contract. On the other hand, Netflix's operating margin is likely to expand meaningfully over the next five years, providing a tailwind to earnings growth. So, if we assume the business continues to grow profits but its valuation multiple comes back down to earth, where exactly could Netflix stock realistically end up in five years? Impressive financial momentum Netflix's fourth-quarter update showed why investors are willing to pay a premium valuation for the stock. Its fourth-quarter revenue rose 17.6% year over year to $12.1 billion. This marked an acceleration from 17.2% growth in Q3 and 15.9% growth in Q2. The company also said it crossed 325 million paid memberships during ...
Low-cost carrier AirAsia X Bhd is paying a steep price for its wrong-way bet on jet fuel. Management’s decision not to hedge when oil was cheap has backfired after the Iran war, and the company is now the worst-performing airline stock in the world. The Kuala Lumpur-based carrier at one point lost almost half its market capitalization in the days since the US and Israel started firing missiles at ...
Low-cost carrier AirAsia X Bhd is paying a steep price for its wrong-way bet on jet fuel. Management’s decision not to hedge when oil was cheap has backfired after the Iran war, and the company is now the worst-performing airline stock in the world. The Kuala Lumpur-based carrier at one point lost almost half its market capitalization in the days since the US and Israel started firing missiles at Iran, according to shares tracked by the Bloomberg World Airlines Index . The stock rebounded around 13% on Tuesday after oil prices retreated from an earlier spike. Chief Executive Officer Bo Lingam was scheduled to meet with media Monday to discuss the airline’s outlook for 2026. However, the event was postponed late Sunday night, with the company citing “unforeseen circumstances.” The epicenter of the war is far away from AirAsia X, but the ripple effects on the industry are being felt globally. Other Asian carriers that don’t hedge are also feeling the pain. Shares of Shanghai-based China Eastern Airlines Corp. and Korean Air Lines Co. have both tumbled around 14% since the war began. Jet fuel typically accounts for about one-third of an airline’s operating costs. Carriers in Southeast Asia are being pinpointed as the most fragile amid discussions of grounding aircraft should elevated oil prices persist. Read More: Asian Airlines Raise Fares, Mull Groundings as Fuel Crunch Looms The Singapore jet-fuel spot price soared to as much as $221 a barrel last week. European carriers typically hedge part of their consumption, but most US counterparts have no hedges , according to BloombergNEF. Maybank analyst Samuel Yin Shao Yang said in a March 5 note that elevated fuel prices would push AirAsia X to swing to a 1.4 billion ringgit ($353 million) loss from an earlier estimate of a 900 million ringgit net profit. The carrier could “neutralize” the impact by raising fares 19%, but that would come at the expense of bookings, he said. The budget carrier introduced fuel surcharges to...
What happened According to an SEC filing published February 17, 2026, 13D Management LLC sold its entire holding of 132,779 Match Group (MTCH +2.10%) shares during the fourth quarter. The quarter-end value change, including stock price effects, was $4.69 million. What else to know Direction recap: 13D Management LLC fully exited its Match Group stake; the post-trade position represents n/a of 13F ...
What happened According to an SEC filing published February 17, 2026, 13D Management LLC sold its entire holding of 132,779 Match Group (MTCH +2.10%) shares during the fourth quarter. The quarter-end value change, including stock price effects, was $4.69 million. What else to know Direction recap: 13D Management LLC fully exited its Match Group stake; the post-trade position represents n/a of 13F reportable AUM Top holdings after the filing: NYSE:TWLO: $8.64 million (10.3% of AUM) NASDAQ:MRCY: $7.58 million (9.0% of AUM) NASDAQ:VSAT: $6.95 million (8.3% of AUM) NYSE:ALV: $6.63 million (7.9% of AUM) NYSE:PSO: $6.44 million (7.7% of AUM) As of February 13, 2026, shares of Match Group were priced at $30.50, down 8.2% over one year and underperformed the S&P 500 by 20.0 percentage points The fund reported 16 positions post-filing, with total 13F reportable AUM of $84.05 million. Company/Etf overview Metric Value Revenue (TTM) $3.49 billion Net income (TTM) $613.45 million Dividend yield 2.5% Price (as of market close February 13, 2026) $30.50 Company/Etf snapshot Match Group offers a portfolio of dating products, including Tinder, Match, Hinge, OkCupid, and other brands. It operates a digital platform business model, monetizing user engagement via subscription fees, in-app purchases, and advertising across its suite of dating applications. Match Group targets a global consumer base seeking online dating and relationship services, with a focus on diverse demographics and age groups. What this transaction means for investors Online dating platforms operate as digital marketplaces where network effects help determine whether users find enough activity to keep returning. As more people use mobile apps to meet partners, companies in the sector compete not just on scale but on product design, brand relevance, and their ability to convert engagement into subscriptions and in-app purchases. Match Group, Inc. manages a leading global portfolio of dating platforms, including Tind...