The Good: Netflix While it should be no surprise that Netflix is doing while amidst a pandemic which has kept millions of people across the globe at home like never before, the streaming company’s recent numbers still managed to impress enough that the stock rose sharply today. Subscriber growth, a key metric for streaming services, was above guidance: Netflix netted 8.51 million new subscribers. The company initially forecasted 6 million adds. Netflix now has over 200 million subscribers, with 37 million additions from 2020 alone. Much of Netflix’s growth was international— 83% of net adds came from outside of the US and Canada. Netflix posted a revenue of $6.6 billion, which was in line with estimates. The company raised its estimates for 2021 after the stock rose over 10% today. The Bad: Peloton Peloton has potentially reached the point where it’s the victim of its own success. After seeing a monumental 2020, wherein Peloton’s stock value rose 370%, UBS decided to downgrade the stock to “sell” due to its potential downside for investors as the stock becomes over-stretched. Peloton’s stock fell 7% on the news. Analysts at UBS cautioned of bullish enthusiasts investing in businesses which may have benefitted disproportionately from the COVID-19 crisis. Additionally, while Peloton has seen great demand in the last year, it has struggled to keep up supply, with a backlog of orders sending customers to its social media accounts to vent their frustration. While Peloton spent $420 million to extend its manufacturing wing with the purchase of Precor, analysts think it may take some time to see results. The Ugly: MyPillow As some businesses back off from their support of President Trump following the riot at the capitol, Mypillow CEO Mike Lindell has doubled down, suggesting Trump invoke “martial law” if necessary. This week, several retailers, including Kohls and Bed Bath and Beyond dropped Mypillow from their stores, citing demand issues. Lindell has made it clear that he thinks this is politically motivated as protestors online are petitioning for other Mypillow carriers, like Walmart, to drop the brand. Lindell is also facing scrutiny and a potential lawsuit from Dominion Voting Systems after he promoted the baseless claims of widespread election fraud and manipulation of Dominion’s machines.