I'm Julia Borsden, and you're listening to CNBC's Tech Check. Our show is live weekdays at 11 a.m. Eastern, listen in.

Happy Wednesday. Welcome to Tech Check. I'm John Fort with Carl Kintanilla, Dio Dio Jorbosa, and Julia Borsden. Today, stocks are mixed, but is there hope for the Bulls here.

Netflix is surging. strong subscription numbers boosting there.

Julia's got that breakdown in a moment.

That's not the only positive sign.

More on Adobe's stable guidance, what it means for software.

Plus a look at one chip industry name bucking the trend.

As China curbs hit the rest of the sector. Equipment maker ASML pulls past the competition

this morning deep. Let's start with Netflix, though, does the top gainer on the NASDAQ and

S&P share surge on stronger than expected results and subscriber numbers? Julia Boorston here

with us at One Market. Still, we love having you here. It's great to be here.

A lot of enthusiasm from Reed Hastings yesterday, and it's such a marked departure from the last

few quarters. You definitely hear a shift after they lost so many subscribers in the first.

And it has been kind of amazing how quickly they've built and are getting ready to launch this ad

model, but is it too soon to sort of call

victory? Too soon to call victory on the ad model. But what's really so interesting here is that

Netflix did return to subscriber growth, but it's also trying to change what types of metrics

is judged on as it gets ready to launch that ad-supported service. So Netflix added far more

subscribers than expected in Q3,

2.4 million compared to the 1 million expected.

And it forecast the addition of 4 and a half million subscribers in Q4.

That's half a million more than analysts anticipated.

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