CNBC Daily Open: Netflix shows how it's done despite earnings miss

Netflix's concern leaders and investors astir apt aren't enjoying a soda popular aft the merchandise of its third-quarter results. While the company's gross met expectations — though not beating them arsenic it did the first and second quarters — net were taken down by a taxation quality with Brazilian authorities. Shares of Netflix fell astir 6% successful extended trading Tuesday stateside.

But it doesn't look similar immoderate different media institution volition dethrone Netflix arsenic the king of streaming successful the adjacent term. Warner Bros. Discovery said Tuesday it's unfastened to a merchantability — and Netflix is reportedly an funny purchaser — adjacent arsenic Warner Bros. is going up with its split into 2 companies successful the meantime. Elsewhere, Comcast's NBCUniversal is presently spinning disconnected its cablegram networks, which includes CNBC. Those moves suggest that bequest media is inactive uncovering its footing amid the epoch of streaming inaugurated by Netflix.

While determination are galore factors contributing to Netflix's aureate status, its shows are apt the main protagonists. "KPop Demon Hunters," released successful June, was a smash hit. It's present the company's most-watched film, hitting 325 cardinal views and surely played a immense relation successful Netflix's champion advertisement income 4th ever successful the 3rd quarter. Even arsenic the streaming giant's net stumbled during that period, Netflix is inactive showing different media companies however it's done.

— CNBC's Sarah Whitten contributed to this report.

Gold is getting knocked connected Tuesday – it's inactive the hottest commercialized of the year

Precious metals person gained successful 2025 acknowledgment to concerns astir planetary trade, expectations of Federal Reserve complaint cuts and a driblet successful the U.S. dollar. But the size of those returns is antithetic for golden and silver, particularly erstwhile the banal marketplace is doing well. 

Investors are seeing them arsenic a scarce plus arsenic the "currency debasement" trade gains momentum connected Wall Street. This commercialized refers to investors hedging against authorities borrowing and wealth printing, lessening the U.S. dollar's worth by moving into golden and different assets.

— Sean Conlon