Squawk on the Street

New Market Milestones, Taiwan Semi Boosts the Chips, What to Expect from Netflix 10/17/24

Oct 17, 2024
Stocks are soaring, with the Dow and S&P 500 reaching all-time highs. Taiwan Semiconductor is shaking up the chip sector, benefiting from soaring AI demand. Anticipation builds for Netflix's upcoming quarterly results. Meanwhile, Lucid and Elevance Health see significant drops in their share prices. Discussions around Uber's possible acquisition of Expedia unveil intriguing market dynamics. The interplay of retail sales and central bank policies paints a vivid picture of the current economic landscape.
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