- Yahoo Finance Video
Stocks digest rate outlook, TSMC earnings, Netflix: 3 Things
Stock futures (^DJI, ^IXIC, ^GSPC) are ticking up ahead of Thursday’s market open as Federal Reserve officials, including Cleveland Fed President Loretta Mester, indicate interest rates may stay higher for longer than expected in 2024. Taiwan Semiconductor Manufacturing Company (TSM) beats first-quarter revenue estimates, the semiconductor company's profit driven by the demand for its AI chips. Streaming platform Netflix (NFLX) is set to report earnings after the closing bell today. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Associated Press
Croatia's conservative PM convinced his party will soon form a new majority after inconclusive vote
Croatia ’s ruling conservatives said Thursday that talks have already started about the formation of a new governing majority following a highly contested parliamentary election that saw a far-right party emerge as a potential kingmaker. Prime Minister Andrej Plenković, who is the leader of the Croatian Democratic Union party, or HDZ, said that the party has contacted some of the potential future partners and more talks will take place on Thursday. Preliminary results of the vote on Wednesday showed that Plenković's HDZ won 61 seats in the 151-seat parliament, which means the party has to form a coalition government to stay in power.
