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.
Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.
Dow, S&P 500, and Nasdaq futures are rising in premarket trading Wednesday as the stock market braces for another day of Trump orders.
Wall Street stocks rose early Wednesday following a round of mostly solid corporate earnings while digesting talk of fresh US tariffs from President Donald Trump.
A batch of earnings from industry heavyweights drove stocks to the brink of all-time highs in a continuation of the rally fueled by the strength of Corporate America.
Wall Street is coming off a strong session as investors deliberated the implications of President Donald Trump’s return to the White House.
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