The Globe and Mail reports in its Monday, July 14, edition that the streaming service Netflix reports on Thursday after the bell and has trounced the S&P 500 and the Magnificent 7 over the past year (up 90 per cent vs. 13 per cent for S&P 500 and 19 per cent for Mag 7). The Globe's guest columnist Amber Kanwar writes that having said that, Netflix's earnings have been drifting lower. Evercore analyst Mark Mahaney likes the set-up here and thinks there is room for Netflix to do well, thanks to the Season 3 release of Squid Game. The show notched a record high 60.1 million views in the first three days of the release and was ranked No. 1 in TV shows in every one of Netflix's markets.