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Netflix Nears $1,000 As Record-Breaking Quarter Cements Its Status As A Market Safe Haven

by News Editor

April 18, 2025

Netflix just posted the best quarter in its history—both in revenue and profit—sending shares surging and reinforcing its new role as a defensive stronghold in a volatile market.

Key Takeaways

Netflix’s Q1 earnings, released after Thursday’s closing bell, blew past Wall Street’s forecasts. The streaming giant posted earnings of $6.61 per share, translating to a net income of $2.9 billion, on revenue of $10.54 billion. Analysts were expecting $5.67 EPS and $10.5 billion in revenue, according to FactSet.

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Looking ahead, Netflix projects $11 billion in revenue and $7.03 EPS for Q2—again, ahead of consensus estimates of $10.9 billion and $6.25, respectively.

The market reacted fast. Netflix stock ended the day up 1.2% at $973 and jumped another 3% in after-hours trading, approaching the $1,000 milestone.

A Recession-Proof Play?

While most tech names are reeling from recent market turbulence, Netflix is quietly thriving. Since April 2, the stock is up 4%, with a 9% gain on the year, while the S&P 500 and Nasdaq have lost 6% and 7%, respectively, amid renewed trade tensions and recession fears under President Trump’s second term.

Analysts now see Netflix as a classic “recession stock”—a cheap, stay-at-home entertainment option that tends to hold up when consumers cut back elsewhere. “If a downturn hits, Netflix is likely to retain its subscriber base,” noted Rosenblatt analyst Barton Crockett. Bank of America echoed the sentiment, calling Netflix “a defensive pick in times of uncertainty” thanks to its subscription-driven model and cultural relevance.

Beating The FAANG Pack

Netflix’s year-to-date performance has not only outpaced the broader market but also crushed its tech peers. Meta is down 14%, Amazon 21%, Apple 21%, and Alphabet 19%. Even Disney and Warner Bros. Discovery have fallen 23% each. Only Spotify, with a 29% surge, has outshone Netflix so far in 2025.

What’s Next

All eyes now turn to Alphabet and Amazon, which are set to release their Q1 earnings next Thursday. After Netflix’s blockbuster quarter, expectations for the rest of the FAANG gang just got higher.

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Cypriot Government Employment Sees Modest Growth in April

by THEFUTURE.TEAM

May 12, 2025

Total government employment in Cyprus increased by 237 persons, a rise of 0.4 per cent, in April, compared to the same month in 2024, reaching a total of 55,490 employees, according to the state statistical service.

Employment in the civil service and the security forces decreased by 1.2 per cent and 1.1 per cent respectively, while the educational service saw an increase of 3.8 per cent.

Civil Service and Educational Service Breakdown

In April 2025, the civil service employed 11,960 permanent staff, 4,141 employees with contracts of indefinite duration, 1,458 with contracts of definite duration, and 5,798 hourly paid workers.

Permanent employees represented the highest proportion of the civil service workforce at 51.2 per cent, while employees with contracts of definite duration made up the lowest proportion at 6.2 per cent.

In the educational service, there were 12,461 permanent employees, 947 with contracts of indefinite duration, 4,824 with contracts of definite duration, and 141 hourly paid workers.

Permanent staff formed the majority of the educational workforce at 67.8 per cent, while hourly paid workers accounted for only 0.8 per cent.

Security Forces Breakdown

Within the security forces, 8,430 were permanent employees, 4,304 held contracts of indefinite duration, 267 were on definite-duration contracts, and 759 were hourly paid workers.

Permanent employees again made up the largest group in the security forces at 61.3 per cent, with definite-duration contracts representing just 1.9 per cent.