Breakfast News: Earnings Begin To Ramp Up
Kroger and Accenture results pending, TSMC's new U.S. project, Meta pushes AI hiring, and more...
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The S&P 500 looks set to open Friday flat despite the futures market falling when it reopened on Thursday evening. President Trump confirmed he would decide within two weeks what to do in relation to the conflict in the Middle East, giving time for diplomacy and boosting investing sentiment a little. The coming weeks see a pick-up in earnings releases, beginning with Kroger (NYSE: KR) reporting ahead of the market reopening this morning, with minimal revenue and earnings growth year over year expected.
Taiwan Semi (NYSE: TSM) could be set to team up with SoftBank Group to make a $1 trillion industrial complex in Arizona to build robots and support AI, Bloomberg reports.
