joining me is laura martin you have had a skeptical eye on netflix for a while now. what's the matter with it? >> the problem is it's got real competition now and they have a single pricing tier up at the $15 level. and they have very real competition from discovery plus, disney plus, peacock, all which have $6 tiers which increases their total addressable market and creates a low-cost on ramp into the more expensive service. but for people like consumers who get sick of ads. so nothing is getting better for netflix and it's not part of the reopening trade because it is not ad driven. and advertising will have a huge year over the next 12 months so we'd rather be in ad driven tech stocks >> i was looking at netflix over periods of time and sure if you compare netflix to apple, over one year or over two, itlooks ugly if you look over five or ten years, right now they are neck and neck so maybe, maybe what if, you know, the stock has just sort of cooled off apple is caught up and now they run more in tandem netflix is still the leader in its category it seems to be sim

i'm looking at laura martin's note she has not been positive on the stock, though she's a veteran analyst at needham, and she says there's more multiple compression ahead. how low could it to go ev to forward contracted from 9 9.1 to 8.4 >> that would be a lot >> david, when you're talking about a buyback on a growth stock, right, talking about buyback, they have a lot of fire power for buyback, and i'm thinking buyback, i don't want no stinking buyback. i want growth. they talk about the idea that at a certain point amazon pivoted they've given you these companies that just, you know, generally that pivot and start having free cash flow. >> yes, yes. >> david, i want pure oxygenated growth from growth companies. >> all right, but you're getting it -- with netflix, you're not going to get it in the united states, but they've acknowledged that, right? they obviously had a significant bump up a year ago in the midst of the pandemic. >> they use words that you don't want to hear pull through, okay >> right >> and david, what i don't -- if you take a look at where they're gaining, it's areas

point about the potential for maybe additional revenue stream, because you'll recall, for example, laura martin said they need to have an ad-supported version, an ad lite which they have been hesitant to do, but maybe this is another way, to get that revenue flow from a different channel, d. >> yeah, absolutely. it is going to turn itself into a platform, more of those revenue streams. speaking of social and content, let's turn to facebook it is going all in on content creators allocating a billion dollars in direct payments through 2022 new bonus initiatives across facebook and instagram will pay top users to create and post, making facebook one of the last social media giants to wade into creator payments snap hands out around $1 million a day to top creators already. twitter has tip jars and tiktok launching a $200 million creator fund just last year. so, julia, i wonder, it begs the question, is facebook late here? i thought this was interesting, they were quoted in the times saying covid is an inflexion point where creators started becoming more of a creative economy. think back to chewbac

laura: mr. markowitz, eighth grade algebra, 11th grade russia, ms. joba spanish, mr. vartulli, chemistry, mrs. martin, she was great, human physiology. mr. buccas taught government. these are some of the outstanding teachers i had while in the public schools in connecticut. i feel so grateful. i think a couple times a week at least i feel so blessed to have been taught by them and to have gotten to know them. these were men and women who took their jobs very seriously. they were tough but fair. they were rigorous, but also accessible. middle class families like mine made up i think most of the student body. the rich kids, they had, for the most part, no reason to go to private schools since the public schools were so great. the town's board of education back then was pretty responsive to the concerns of tax paying parents and the pta was well run and generally very well respected. i don't recall ever hearing my teachers talk about politics, let alone pushing their opinions on us. boy, have things changed. today, led by radicals running the nea and the aft, too many teachers either don't want to be in

laura, this week it is raytheon. a few weeks ago, i had a similar exchange with lockheed martin. i suspect, if you probed in some of the other major defense contracts, you would find very similar to kinds of training materials. in fact, the raytheon ceo today wrote back and said raytheon is not conducting any training that most other major american corporations conduct. sadly, sadly, i think he's right about that. but that is not a defense of raytheon, that is an indictment of corporate america. it is one thing, with coca-cola does nonsense like this, and turns people off from their sugary beverages. is a whole different thing, though, if the companies, who are building the weapons and the equipment to keep our troops safe and defend our nation, get a lion's share of the revenues from american taxpayers, are doing these things. >> laura: senator, i want to bring up something, of all the disturbing things that i've seen over the last three days, tony blinken, the secretary of state, is continuing this biden habit of either bashing america as a racist on the world stage, apologizin

laura: teaching against america is the focus of tonight's angle. mister markquote, eighth grade algebra, eleventh grade russian, spanish. mister byrd tule, chemistry, mrs. martin human physiology, these are just some of the outstanding teachers i had in public schools in connecticut. i feel so grateful. a couple times a week at least i feel so blessed to have been tossed by them into gotten to know them. these were men and women who took their jobs very seriously, they were tough but fair, they were rigorous but also accessible. middle-class families like mine made up most of the student body. the rich kids had for the most part no reason to go to private schools since the public schools were so great, the town board of education back then was pretty responsive to the concerns of taxpaying parents, the pta was well-run and generally well respected. i don't recall ever hearing my teachers talk about politics little pushing their opinions on us. boy have things changed. today led by reticles running the nea and nfc, they don't want to be in the classroom at all but when they are in the classroom they are fainting poisonous views about our founding, our history a

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. >>> and jill martin is getting morning to you. thanks for joining us. i'm laura garcia.r use. the city council just approved new rules asking people to reduce their water usage by 20%. they'll also limit how much water is trucked out of the city and limit the irrigation to two days a week. the move is to reduce the strain on napa's primary source of water. let's get a look at the forecast for this wednesday morning. midweek, how are we looking? >> it's still dry as we start out this morning, but at least temperatures have been cooler and it's all clear as we get a live look outside in dublin. our temperatures today, mostly in the upper 70s and low 80s, toward the inland valley, 79 for a high in san jose. as we go through this forecast, cooling off a couple more degrees before the end of the week and then we warm up into the upper 80s. but overall not too bad here as the fog lingers in san francisco, our highs here will be in the mid-60s. laura? >> looks pretty good. thank you so much. >>> thank you for joining us. i'll be back with another local news update for you in ab