Netflix, Oracle and other big technology stocks lifted Wall Street Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.
Gold price sticks to positive bias for the third successive day on Wednesday and trades near its highest level since November 1 above $2,750. The uncertainty around US President Donald Trump's trade policies turns out to be a key factor that continues to drive haven flows towards the precious metal.
U.S. equities gained at midday Wednesday on an artificial intelligence initiative announced by the White House and strong earnings reports.
U.S. stocks were rising on Wednesday morning with the major stock averages seeing their third day of gains as investors digested a slew of robust corporate earnings and President Donald Trump's new initiative on artificial intelligence.
Netflix, Oracle, and Nvidia lead gains as S&P 500 reaches an all-time high. Explore the drivers behind this rally and what it means for US stock markets today.
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 intelli
Dow Jones Industrial Average rises 120.97 points, or 0.27 per cent, to 44,146.78. Read more at straitstimes.com.
A rally in big tech and a batch of earnings from corporate heavyweights drove stocks to the brink of all-time highs in a continuation of the advance fueled by the strength of Corporate America.
Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Officials in Beijing
Netflix's record-breaking Q4 performance, driven by live sports, original content like Squid Game 2, and a 14% price hike with minimal attrition, resulted in 18.9 million new subscribers and exceeded revenue expectations.
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.