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Snacks / Monday, January 25, 2021

If it has a royal title... it's probably a hit. Netflix shares surged to a record high last week on some #streamy numbers. The Flix now has 200M+ paid subscribers (double from 2017). 100M+ households have watched The Crown to date, and 62M watched The Queen's Gambit in its first 28 days. Investors also got excited about positive cash flow: Netflix had more money coming in than going out last year, and expects to be sustainably cash flow positive after 2021. It says it doesn't need to borrow or raise money anymore (read: strong, independent streamer).

Splurging on organic Tide pods... It's the little things. Procter & Gamble is the company behind Tide, Crest, Gillette, and pretty much anything that lives near a sink. P&G's sales jumped 8% last quarter — impressive for a 183-year-old consumer goods giant. It also took home a squeaky clean $3.9B profit. Those numbers were partly fueled by demand for fancier household products. Think: premium dish soap, $100 electric toothbrushes, and paper towels (4-ply).

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