Netflix’s Bumpy Ride & Buy Now, Pay Later Debt 6/3/22

Netflix’s volatility continues; despite a bounce in share price this week, the stock is down 66% this year. Gene Munster, Loup founder, discusses his firm’s “higher risk, higher reward” investment in the streaming platform and why it’s important to get its ad model right. Consumers have taken on a lot of credit card debt this year, and CNBC’s Senior Personal Finance Correspondent Sharon Epperson breaks down the booming buy now, pay later debt. Plus, Tesla is cutting staff, and crypto firms like Gemini and Coinbase are preparing their teams for a “crypto winter.” In this episode: Sharon Epperson: @sharon_epperson Gene Munster: @munster_gene Becky Quick, @BeckyQuick Brian Sullivan, @SullyCNBC Cameron Costa, @CameronCostaNY