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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.