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.
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two billionaires that started on OpenAI’s board and is now testing Musk’s influence with the new president.
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,
Procter & Gamble Co. engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric & Home Care, and Baby ...
Wall Street is coming off a strong session as investors deliberated the implications of President Donald Trump’s return to the White House.
Stocks have largely shrugged off Trump’s potential flood of tariffs, viewing the threats as a negotiating tactic. About 15 minutes into trading, the Dow Jones Industrial Average was up 0.1 percent at 44,086.30. The broad-based S&P 500 climbed 0.5 percent to 6,079.22, while the tech-rich Nasdaq Composite Index gained 1.0 percent to 19,957.86.
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.
Futures for Canada's main stock index rose on Wednesday as crude and Gold prices climbed and investors took stock of the latest tariff threats from U.S. President Donald Trump. The TSX gained 110.05 points to conclude Tuesday at 25,
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.
Netflix shares surged after the company reported a record increase in holiday-quarter subscribers, allowing it to implement price hikes across most service tiers. Oracle also rallied, alongside server maker Dell and U.S.-traded shares of ARM Holdings, the chip technology supplier predominantly owned by SoftBank.
The Stargate project outlines a commitment to spend $500 billion over the next four years to develop advanced AI infrastructure primarily across the United States.
Of the S&P 500 companies that have reported earnings so far, 79% have beat estimates, according to FactSet data.