Today's Above Avalon daily update includes the following topics:

Netflix 2Q18 Earnings
Facebook Hires Google Chip Leader
Apple’s Struggles in India Continue

We begin today's email with my thoughts on Netflix's 2Q18 earnings results. The discussion then turns to Facebook poaching a key player in Google's silicon efforts. We go over my three observations about the move. The email concludes with Apple reportedly running into more trouble in India.

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