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.
Trump inauguration, Q4 earnings season will be in focus in the holiday-shortened week ahead. • With its transformative business model and clear growth trajectory, Netflix looks like a compelling buy for investors seeking quality growth.
Nasdaq led gains on Wall Street as investors responded positively to Netflix's strong performance and President Trump's AI infrastructure plan. Procter & Gamble also posted gains, while tariff threats loom.
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.
The S&P 500 hit an intraday record of 6,100 before closing just near those levels. The Nasdaq too was back above the 20,000 mark, ending with gains of 1.3%. The Dow Jones gained o
Stocks are likely to move to the upside in early trading on Wednesday, adding to the gains posted in the previous session. The major
Earnings still matter, as the stocks of companies that are, on a net basis, accounting for nearly half of the Dow's gains. Travelers' stock was jumping $8.85 (3.7%) after Q4 results, to add about
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.
Netflix, Oracle and other technology stocks are lifting U.S. indexes Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence.
Netflix earnings preview ... on the company to $1K from $1,010 while maintaining its Overweight rating. Procter & Gamble earnings preview: Procter & Gamble reports earnings on Wednesday.
U.S. stock-market futures pointed to opening gains on Wednesday after Netflix posted better-than-expected results and President Donald Trump unveiled an artificial-intelligence infrastructure package.
Wall Street's indexes climbed on Wednesday, with the S&P 500 reaching record highs. Investors celebrated Netflix's subscriber boost and Trump's $500 billion AI investment plan. The technology sector led gains,