Netflix, Oracle and other technology stocks lifted U.S. indexes as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.6% Wednesday and closed just shy of the record it set in early December.
U.S. stock indexes rose on Wednesday due to stronger-than-expected earnings from major tech companies and growing optimism for AI.
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.
U.S. stocks were rising across the board on Wednesday morning, buoyed by the advance in megacap technology names. Under the surface, however, there is furious paddling. The Dow Jones Industrial Average was struggling to hold on to its slight gains,
Tech shares led US stocks higher Wednesday following strong earnings from Netflix and a White House announcement that reignited enthusiasm about artificial intelligence.
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Netflix, Oracle and other tech stocks lifted U.S. indexes as their profits pile higher and excitement builds around AI's moneymaking prospects.
All told, the S&P 500 rose 37.13 points, the Dow Jones Industrial Average gained 130.92 and the Nasdaq composite jumped 252.56.
The Dow Jones fell Friday after inflation data. Amazon, Broadcom, Meta and Netflix are among the best stocks to buy and watch.
The S&P 500 climbed to a fresh record on Thursday, driven by President Donald Trump’s calls for immediate interest rate cuts and cheaper oil prices.
Netflix, Oracle and other technology stocks lifted U.S. indexes as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.6% We
Netflix, Oracle and other technology stocks are lifting U.S. indexes as their profits pile higher and excitement builds around artificial intelligence. The S&P 500 was up 0.5% early Wednesday.