Netflix stock soars after strong subscriber gains, Oracle teams with OpenAI and SoftBank in a $500 billion AI infrastructure partnership, and Johnson & Johnson falls after mixed guidance.
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Wall Street is coming off a strong session as investors deliberated the implications of President Donald Trump’s return to the White House.
STORY: Wall Street's main indexes rose Wednesday, with the S&P 500 hitting an intraday record high thanks to strong Netflix earnings and a rally in tech shares.The Dow gained three-tenths of a percent,
Wall Street's indexes rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered streaming video provider Netflix's quarterly report and President Donald Trump's private-sector artificial intelligence infrastructure investment plan.
Wall Street closed higher, with the S&P 500 index scoring an all-time high. Blowout Netflix results and plans for $500b AI investment fuel gains.
The Dow Jones rose Wednesday on President Trump's $500 billion Stargate AI project. Netflix stock soared 14% on earnings.
US and European stock markets mostly pushed higher Wednesday as investors tracked earnings and President Donald Trump's policy plans as artificial intelligence shares rallied.
Netflix, Oracle and other big technology stocks lifted Wall Street Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.
US stocks rose on Wednesday, with the S&P 500 finished just under a record high, as the tech sector rose on the back of Donald Trump’s artificial intelligence joint venture Stargate.
The Dow Jones Industrial Average rose 111.36 points, or 0.25%, to 44,136.46, the S&P 500 gained 40.88 points, or 0.68%, to 6,090.12 and the Nasdaq Composite gained 252.60 points, or 1.28%, to 20,009.69.
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