The briefing
This story is featured in Buffering, Vulture’s newsletter about the entertainment industry. Sign up at vulture.com/buffering ! When Netflix reported its first-quarter earnings back in April, the company’s profits turned out to be higher than Wall Street analysts had projected — and yet the next day, its stock price dropped by nearly 10 percent. Investors shrugged off the good news because, in that same report, the streaming giant also said it expected its growth would slow down in the second…