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Netflix (Nasdaq: NFLX) is an example of a company driven by infinite growth that has hit a wall, says John Engle, president of Almington Capital Merchant Bankers, in a new episode of the Early Bird Podcast.

Growing Pains: Netflix has produced healthy revenue for some time, but the cost of revenue is growing due to its reliance on getting licensed content, according to Engle.

Exposed: Retail investors have considered exposure to Netflix, says Engle, and this serves as an example of the dangers of narrative-driven stocks in rapidly evolving industries.

Competition: Engle says that there are also other companies in the streaming space, such as Disney (NYSE: DIS), Paramount Global (Nasdaq: PARA), Apple (Nasdaq: AAPL), and Amazon (Nasdaq: AMZN).

Final Thoughts: What advice does Engle have for investors interested in streaming stocks? Find out by listening to a new episode of the Early Bird podcast.

Notable Earnings Today: XPeng (NYSE: XPEV), Zoom Video Communications (Nasdaq: ZM), Niu Technologies (Nasdaq: NIU), Advance Auto Parts (NYSE: AAP), China Automotive Systems (Nasdaq: CAAS), Skyline Champion (NYSE: SKY), Start Equity Holdings (Nasdaq: STRR), Toughbuilt Industries (Nasdaq: TBLT), Qiwi (MCX: QIWI), America's Car-Mart (Nasdaq: CRMT), Nordson (Nasdaq: NDSN), Walkme (Nasdaq: WKME), Euroseas (Nasdaq: ESEA), Nautilus (NYSE: NLS), Capital Southwest (Nasdaq: CSWC), Transcat (Nasdaq: TRNS).

Notable IPOs Today: N/A.

Notable Equity Crowdfunding Campaigns Ending Today: Fisco’s Chicken (Honeycomb), Duo Marketplace (SMBX), Kava Garden (MainVest).

Notable Economic Events Today: N/A.

Semiconductor manufacturing company Broadcom (Nasdaq: AVGO) wants to acquire cloud-computing company VMware (NYSE: VMW), according to a Bloomberg report Sunday.

Details: Both companies are discussing a cash-and-stock deal, according to The Wall Street Journal. VMware is currently worth $40 billion and Broadcom is worth over $220 billion.

Background: It’s been a tough few months for the semiconductor industry due to issues with supply and consumer spending. By acquiring VMware, Broadcom would diversify its revenue outside of semiconductors.

Numbers: Shares of both companies are down over 18% so far this year, as part of the broader tech selloff.

Final Thoughts: While the acquisition could be finalized soon, it could also fall apart. Both companies have not commented on the deal so far.

How bad has the stock market crash of 2022 been? Let’s take a look.

“Down” Jones: The Dow Jones Industrial Average is down over 14% so far in 2022.

Standard Very Poor: The S&P 500 is down over 18% this year, resulting in one of its worst annual starts ever.

No, Nasdaq: Meanwhile, the tech-heavy Nasdaq is down over 28% in 2022.

Final Thoughts: Most sectors have started the year off on a bad note. Is the 2022 stock market crash over or is it just beginning?

Can’t Stop, Won’t Stop: China Can’t Seem to Stop Bitcoin Mining (CoinDesk)

Trying to Pick: Time to sell or buy the dip? Here’s how pros suggest trading Wall Street sell-off (CNBC)

Like a Drunken Sailor: Consumers defy inflation to support economy. For how long? (ABC News)

Level Off: P2P Consumer Lending Platforms Are “Most Stable” in their Growth, Robo.cash Report Claims (Crowdfund Insider)

Could Get Worse: Conditions Are Ripe for a Deep Bear Market (The Wall Street Journal)

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