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.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Netflix Earnings: Could Stock Put in a Big Double-Top on the Weekly Chart?Stocks Analysis by Brian Gilmartin covering: S&P 500, Netflix Inc. Read Brian Gilmartin's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

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.
Source: Forbes - 🏆 394. / 53 Read more »