Netflix Ranked Among Today's Trending Stocks

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Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified Netflix among others.
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It's earnings season – and you know what that means!

As we head into the final weeks of June, a plethora of firms large and small are preparing to – or already have – post their quarterly financial reports. Whether you invest ahead of time on expectations of good news or buy the dip after less-than-stellar results, earnings season is an opportunity to capitalize on your beliefs about a company's performance and worth.

A number of companies have already posted their results, as JPMorgan Chase JPM , Wells Fargo WFC , Bank of America BAC , and other major financial institutions kicked off the season and subsequently blew analyst expectations out of the water. Their success goaded the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average to new heights – before the reality of current and predicted inflation clawed down some of their gains.

S&P 500 (blue), Nasdaq Composite (yellow), and Dow Jones Industrial Average (purple) 1-month ... [+] performance Forbes AI Investor

And while the markets endure a precipitous balancing act between its own historic rise and investor fears over spreading coronavirus variants and red-hot inflation, our artificial intelligence unit has gathered up some of the hottest trending stocks on the market for your perusal.

Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Our deep-learning algorithms use Artificial Intelligence (AI) technology to provide an in-depth, intelligence-based look at a company – so you don't have to do the digging yourself.

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Netflix, Inc (NFLX)

Netflix, Inc NFLX plunged 3.3% on Wednesday to $513.63 per share with 11.9 million trades on the books. The stock is down 5% for the year and trading well below its 10-day average of $534.29 after only recently clawing its way to YTD highs. The stock is trading at 47.5x…
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