begin partial quote from yahoo business:
https://finance.yahoo.com/news/stock-market-news-live-updates-january-20-2022-231302138.html
Shares of Netflix (NFLX) sank more than 20% after the company posted a first-quarter subscriber growth outlook that fell far short of expectations, with the streaming giant projecting 2.5 million new users for the first quarter of 2022 versus the 6.3 million anticipated, according to Bloomberg data. Shares of Disney (DIS) and Roku (ROKU) fell in sympathy. Meanwhile, Peloton (PTON) — which had been another darling of the so-called "stay-at-home" trade during the pandemic — recovered some losses after falling to a near two-year low on Thursday, after CNBC reported the company was cutting production of its fitness products due to flagging demand.
end quote.
It makes sense in a way because less people are dying of Omicron even though many many more are getting infected. So, since we aren't losing 3500 a day like this time last year from Covid that some people (likely those under 45 the most) are choosing not to sequester at home so much and have begun to resume more normal lives.
However, more people we know are getting Omicron every day now so this has to be factored into all this as well. However, even now for us there are only 2 people that we know that have actually passed on and neither of them died here in California.
Per Capita, California has the least amount of Covid cases of any state in the U.S. Why is this? It's likely because more people are vaccinated here than most other states and more people wear masks. Masking is pretty much universal at least from San Francisco to San Diego along the coast.
People like to talk about how many cases there are in California but you have to start with the fact that there are 40 million people in California so this changes everything too.
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