CNBC Daily Open: Everyone’s watching Netflix shares

Consecutive winning weeks 
All large U.S. indexes roseate Friday for their sixth consecutive winning week. That's the longest streak this twelvemonth for the S&P 500 and Dow Jones Industrial Average, some of which deed grounds highs. Asia-Pacific markets traded mixed Monday. China's CSI 300 added astir 0.5% arsenic Beijing's cardinal slope loosened monetary argumentation further.

PBOC cuts rates
On Monday, the People's Bank of China cut cardinal involvement rates by 25 ground points. The one-year indebtedness premier rate, which influences firm and household loans, was reduced to 3.1%. The five-year LPR, which is tied to owe rates, was chopped to 3.6%. Pan Gongsheng, PBOC governor, indicated connected Friday that the slope would little those rates.

Watching Netflix shares 
Netflix shares popped 11% connected Friday, a time aft the institution reported third-quarter results that bushed earnings, gross and paid rank estimates. Netflix's growth successful its ad-supported membership was the item of its report. Subscribers successful that tier jumped 35% for the 4th and comprised 50% of caller sign-ups. 

Boeing votes 
The onslaught astatine Boeing, which has truthful acold lasted much than a period and outgo Boeing an estimated $1 billion, mightiness extremity soon. On Saturday, Boeing and its machinists' national reached a caller declaration proposal, said the union, which offers 35% wage increases implicit 4 years. The national is acceptable to vote connected the woody connected Wednesday. 

[PRO] Consider dividend stocks
Interest rates are coming down globally. That means high-yielding wealth marketplace funds and bonds mightiness go rarer. For investors looking to unafraid a dependable watercourse of income still, Morgan Stanley recommends considering dividend income stocks, and picks 10 dividend stocks from Asia-Pacific, excluding Japan, for its "conviction list."

There's a YouTube bid called "I Like to Watch," successful which 2 radical respond to Netflix shows.  

While it has accumulated an ardent fanbase for the hosts' kooky reactions, the bid is, essentially, a amusement astir Netflix shows. If the shows being watched weren't culturally relevant, instantly recognizable oregon didn't person wide appeal, nary 1 would similar to ticker "I Like to Watch." Netflix shows are often each of the above. 

Sure, the media streaming elephantine bushed expectations connected net and gross for the 3rd quarter. Those numbers are important to investors. And Netflix wants to determination beyond subscriber numbers arsenic a fiscal metric. But it mightiness beryllium subscriber numbers that springiness the clearest representation of Netflix's value.  

Indeed, it was astir apt the maturation of Netflix's ad-supported rank tier that excited investors and helped propulsion up the banal 11% connected Friday. For the 3rd quarter, subscribers to the ad-tier jumped 35% 4th connected 4th and accounted for 50% of sign-ups.  

Acquiring caller subscribers is antithetic from increasing margins by bringing expanding terms plans oregon cutting costs. It means Netflix is reaching caller customers it different would not have.  

"It's a bully indicator that immoderate of the maturation that dropped retired of the marketplace successful 2022 is returning," said Richard Broughton, enforcement manager of Ampere Analysis, told CNBC. 

And it's not conscionable that much radical are signing up for Netflix. They're watching a batch of Netflix: astir 2 hours a day, according to JPMorgan expert Doug Anmuth. Without ads, that would beryllium a meaningless statistic. But with ads, a precocious viewing clip tin let Netflix to complaint advertisers more, expanding gross growth. 

Many of america similar to ticker Netflix shows. With the company's dominance successful the media and streaming industry, Netflix's stock, too, is worthy watching. 

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