Who is watching Netflix Share? everyone | Real Time Headlines

This report comes from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open keeps investors updated on everything they need to know, no matter where they are. Like what you see? You can subscribe here.

consecutive winning weeks
All major U.S. stock indexes rose on Friday Winning for sixth consecutive week. This is the longest streak this year S&P 500 Index and Dow Jones Industrial Averageboth hitting record highs. European regional Stoke 600 The index rose 0.21%, Boosted by luxury goods stocks. Friday’s trading session pushed the stock up 0.37% last week, marking a second straight weekly gain.

Watch Netflix Share
Netflix The day after the company announced its financial results, its stock price soared 11% on Friday. Third quarter results Exceeded expectations for profitability, revenue and paying members. Netflix Increased number of ad-supported members is the highlight of his report. Subscribers at this level grew 35% this quarter and accounted for 50% of new subscribers.

inflationary atmosphere
Inflation is close to the Federal Reserve’s 2% target, according to the Consumer Price Index. So why do American consumers still feel the burden of high prices and rising debt? CNBC’s Jeff Cox discusses Tensions between slowing inflation and high pricesand the tricky situation the Fed faces on interest rates.

boeing vote
Strike at boeing companyThis has been going on for more than a month so far, and Boeing is paying the price Estimated $1 billionmay end soon. On Saturday, Boeing and its machinists union said they had reached a new contract proposal that would provide 35% pay increases over four years. The alliance is set to A vote on the deal will take place on Wednesday.

(PRO) Revenue Shapes Markets
About 20% of S&P 500 companies will report earnings this week. The most famous name is Amazon and TeslaHowever, there are also blue-chip companies. Whereas expectations have been loweredCNBC Pro’s Sarah Min points out that the market’s weeks-long rally could be at risk if corporate earnings fall short.

There’s a YouTube series called “I Love Watching” in which two people talk about Netflix show.

While the show has amassed a cult following due to its hosts’ quirky reactions, the show is essentially a show about a Netflix show. No one wants to watch “I Like to Watch” if the show they’re watching is culturally irrelevant, not immediately recognizable, or doesn’t have mass appeal. Netflix shows are usually all of the above.

Of course, the media streaming giant’s third-quarter earnings and revenue beat expectations. These numbers are important to investors. Netflix wants to look beyond subscriber numbers as a financial metric. But perhaps the greatest indicator of Netflix’s value is its subscriber count.

In fact, it may have been the growth of Netflix’s ad-supported membership tiers that got investors excited and helped push the stock up 11% on Friday. In the third quarter, subscribers to the advertising tier increased by 35% from the previous quarter, accounting for 50% of registrations.

Acquiring new users is not the same as increasing profits by increasing price plans or cutting costs. This means Netflix is ​​attracting new customers that it wouldn’t otherwise have access to.

“It’s a good indicator that some of the growth that exited the market in 2022 is coming back,” Richard Broughton, executive director of Ampere Analysis, told CNBC.

It’s not just that more and more people are subscribing to Netflix. They watch a lot of Netflix: around 2 hours a day according to statistics JPMorgan Chase Analyst Doug Ames. Without advertising, this would be a meaningless statistic. But for ads, longer viewing times allow Netflix to charge advertisers more, thereby increasing revenue growth.

Many of us enjoy watching Netflix shows. Netflix stock is also worth watching due to the company’s dominance in media and streaming.

—CNBC’s Sean Conlon, Ryan Browne, Lisa Kailai Han and Alex Harring contributed to this report.