President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.
Nasdaq 100 climbs at the opening bell as Netflix’s stellar earnings and AI investments fuel tech stock momentum. Will the rally sustain?
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.
Japan's Nikkei Stock Average rose 0.8% to close at 39958.87 amid risk-on sentiment. "Equities worldwide continued to ride on the wave of U.S.' AI investment announcement, as well as blowout earnings from streaming giant Netflix,
The Dow Jones Industrial Average was up 136 points, or 0.3%, as of 11:55 a.m. Eastern time. The Nasdaq composite was 1.5% higher.
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,
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.
U.S. stock index futures were mixed on Thursday, as Wall Street took a breather after a two-day advance post President Donald Trump's inauguration took the benchmark S&P 500 (SP500) to a new all-time intraday high.
After driving the S&P 500 to a high, Oracle and other AI stocks gave up some of Wednesday's gains from President Trump's Stargate project.
The domestic equity benchmarks closed with modest gains on Thursday, buoyed by a firmness in IT stocks. Optimism surrounding increased artificial intelligence (AI) spending in the United States fueled the sector's rise.