Tech rebound, Netflix, TSMC, ECB decision - what's moving markets

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Tech rebound, Netflix, TSMC, ECB decision - what's moving markets
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Tech rebound, Netflix, TSMC, ECB decision - what's moving markets

Investing.com -- Wall Street looks set to rebound Thursday after the tech sector's battering during the previous session. TSMC has reported strong results, while Netflix is due to release its latest numbers after the close. The European Central Bank is expected to stand pat at its latest policy-setting meeting.U.S.

It is the world’s main producer of advanced chips found in everything from smartphones to AI applications, counting companies like Apple timely return of inflation to target.”) has discussed a plan to split its digital streaming and studio businesses from its legacy TV networks, the Financial Times reported on Thursday, as it looks to generate greater value for its shareholders.

Warner Bros' stock has fallen nearly 27% so far this year, and nearly 70% since the merger between Discovery and AT&T (NYSE: "While several financial assumptions behind the combination of Warner Media and Discovery have not materialized, we still believe several of WBD's assets are best in class with tremendous unrecognized value," analysts at Bank of America said, in a note earlier this week.

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