Tech stocks surged on Wednesday, with the Nasdaq Composite rising nearly 1.3% and the S&P 500 climbing over 0.6%, nearing its record high, driven by strong earnings from Netflix and optimism around AI investments spurred by President Trump’s policies. Oracle shares jumped nearly 7% as part of the “Stargate” AI project, while SoftBank and Arm Holdings saw significant gains. Despite concerns over potential tariffs on China and the EU, corporate earnings reports from Johnson & Johnson and Procter & Gamble showed positive results, contributing to market optimism.
about Tech Stocks Surge as Nasdaq Rises and S&P 500 Approaches Record HighJohnson Johnson
0 posts last weekNasdaq Rises as Netflix Surges and Trump Fuels AI Investment Hopes
The Nasdaq surged over 1.3% as Netflix shares hit a record following strong earnings, while the S&P 500 climbed 0.6%, nearing its all-time high. Investor optimism was fueled by Donald Trump’s push for AI investment, despite concerns over potential tariffs on imports from China and the EU. Johnson & Johnson reported better-than-expected earnings, but its stock dipped, while Procter & Gamble saw gains after exceeding sales forecasts.
about Nasdaq Rises as Netflix Surges and Trump Fuels AI Investment HopesStocks Rise as Netflix Surges and Investors React to Earnings Reports
Stocks rose in early trading, with the Dow up 0.3%, S&P 500 gaining 0.7%, and Nasdaq climbing 1.3%, as investors reacted to strong earnings reports. Netflix surged 12% after exceeding expectations, while Oracle rose 6% following a major AI project announcement. Bitcoin dipped to $104,500, and gold futures increased slightly to around $2,765 an ounce.
about Stocks Rise as Netflix Surges and Investors React to Earnings ReportsStock Market Insights Earnings Reports and Analyst Updates for Key Companies
Wall Street is poised for a higher open, buoyed by strong earnings, with the S&P 500 and Dow rising for five consecutive sessions. Netflix’s stock surged 15% after a record addition of 19 million customers, while United Airlines exceeded earnings expectations. GE Vernova reported significant orders, and both Johnson & Johnson and Procter & Gamble posted better-than-expected quarterly results. Meanwhile, analysts lowered price targets for Microsoft and Apple ahead of their upcoming earnings reports.
about Stock Market Insights Earnings Reports and Analyst Updates for Key CompaniesAsian shares mixed as Wall Street reacts to Big Tech declines
Asian shares traded mixed, reflecting Wall Street’s performance, where oil-and-gas gains offset declines in Big Tech stocks like Nvidia and Apple. Japan’s Nikkei 225 fell 1.8% after a holiday, while Hong Kong’s Hang Seng surged 1.5%. The S&P 500 rose 0.2%, but concerns over high interest rates and inflation persist, impacting stock valuations.
about Asian shares mixed as Wall Street reacts to Big Tech declines