News Formal

Stock market today: US futures rise as techs revive, with Netflix earnings on deck

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 24 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

Netflix News

Federal Reserve,Corporate Earnings,US Stock Futures

Investors are counting down to earnings from Netflix, the first of the 'Magnificent' group of companies to report.

US stock futures stepped higher on Thursday, eyeing a tech-led comeback as upbeat TSMC results lifted AI hopes and investors braced for Netflix to kick earnings season into high gear. Futures on the S&P 500 and the Dow Jones Industrial Average rose about 0.2% after closing with their latest declines. Nasdaq 100 futures also added 0.2% after tech stocks ended over 1% lower.

The Taiwanese chip giant, seen as a bellwether for the industry, flagged "insatiable" appetite for AI as it posted a quarterly profit beat. All eyes are now on earnings from Netflix, the first of the "Magnificent" group of companies to report. The streaming leader's financial update later Thursday is seen by some as the first real test for stocks this earnings season, given megacap techs are still playing a big part in pushing markets higher.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: 'Magnificent 7' power stock surge after CPI-fueled sell-offInvestors were bracing for a wholesale inflation print, after a surprise uptick in CPI shook markets and undermined bets on interest-rate cuts.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks waver as investors shake off Mideast tensions, focus on earningsWorries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks rebound as investors shake off Mideast tensions, focus on earningsWorries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares mostly rise as investors look to earnings and inflation signsTOKYO (AP) — Asian shares mostly rose Monday as investors looked ahead to earnings reports from top global companies and a consumer prices report that will...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »