Photo: Mario Tama (Getty Images)
As markets swirl amid tariffs and trade war concerns, one company is looking rather recession-proof: Netflix (NFLX).
The company was one of the rare bright spots in trading Monday, rising almost 2% after delivering a blockbuster first quarter that had experts comparing the company with Big Tech instead of Big Media. Netflix posted nearly $3 billion in profit and a 31.7% operating margin on $10.5 billion in revenue.