US stock futures edge higher, Netflix surges on strong earnings

Investing.com-- U.S. stock index futures rose slightly in evening deals on Thursday, with streaming giant Netflix rising sharply after it clocked stronger-than-expected earnings in the September quarter.

The firm added more subscribers than expected, with more people signing up for Netflix’s ads-based subscription tiers. TSMC signaled that an artificial intelligence-driven boom remained largely in play, helping investors look past weak guidance from semiconductor equipment maker ASML (AS:But the reading also furthered the notion that strength in the U.S. economy will necessitate lesser monetary easing from the Federal Reserve. Traders largely maintained bets on a 25 basis point cut in November.

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Netflix Earnings: Stock Climbs As Streaming Giant Beats Expectations—But Subscriber Growth SlowsLindsey Choo is a reporter and editorial fellow at Forbes. She previously wrote about technology for The Wall Street Journal, Fast Company and Politico's tech news site Protocol. She also contributed to Platformer News, a newsletter focused on the intersection of Silicon Valley and democracy.
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