Stocks steady ahead of tech earnings as Fed drama confounds


A woman walks past an electronic screen displaying the stock index prices of Asian countries outside a brokerage in Tokyo, Japan. April 24, 2025. REUTERS/Issei Kato

SINGAPORE: Asian stocks marked time on Thursday ahead of earnings from heavyweight technology companies and as market anxiety lingered over the uncertain tenure of Federal Reserve chief Jerome Powell.

TSMC, the world's main producer of advanced AI chips, is expected to post a jump in second-quarter profit to record levels, though U.S. tariffs and a strong Taiwan dollar could weigh on its outlook. Profits for streaming giant Netflix , due later on Thursday, are also on investors' radar.

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