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European stock markets are anticipated to commence trading on a positive note on Wednesday, as tech stocks are expected to garner significant investor attention. This expectation aligns with the fresh update from Netflix, the streaming giant, that its subscriber base surged to its highest level ever in the final quarter of this year.
The news of Netflix’s blooming subscriber numbers has certainly bolstered optimism around tech stocks as investors might be likely to observe more traction in this space. This ripple effect could be seen as a compelling factor persuading investors which might result in a bullish stock opening. It underscores the impact of major tech companies’ performance on overarching market sentiments, especially those involved in the entertainment streaming sector.
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