joining us is dan morgan of synovus. what is your take on the earnings?ew squid game was a massive hit. how do you read it? dan: to be quite honest, i think this report was a little bit of a sigh of relief. if we look at netflix earlier in the year, the numbers were underwhelming. they came in, 4.4 million subscribers, 8.5 million in the fourth quarter, streams at 8.3, then the stock sold off. there were so many high expectations for netflix in the second half of the year. everyone expects the contents slate to be positive. there is a lot of high expectations on netflix. i think it was more -- i did not interpret the guidance in terms of earnings and revenues. they were within range. it was a surprising reaction. overall, i think it was a sigh of relief for people that are still bearish on netflix. amanda: even those that are bullish to have the caution evaluation. the most hardened believers netflix so you cannot call this inexpensive. where'd you come down on valuation? what do you need to see longer-term in those projections to help justify where this