Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.
Netflix and AI excitement sent Wall Street to the brink of an all-time high on Wednesday. The post appeared first on TV News Check. The post Dow Gains 131, Nasdaq Jumps 253, S&P 500 Adds 37 originally published on TV News Check.
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.
Netflix, Oracle and other tech stocks lifted U.S. indexes as their profits pile higher and excitement builds around AI's moneymaking prospects.
The partnership formed by Oracle, OpenAI and SoftBank is due to invest up to $500 billion. SoftBank's shares rose 3.7% on Thursday in Tokyo trading after jumping 11% the day before. Elsewhere in Asia, the S&P/ASX 200 in Australia fell 0.6% to 8,383.50, while the Kospi in Seoul lost 0.8% to 2,526.98.
Apple stock has continued to run higher while its sales and earnings growth dramatically slowed, especially in the last two years. Over the last five years, the stock price is up 262%, revenue is up just 45.9%, and diluted earnings per share (EPS) increased by 90.5%.
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President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.
2-Year U.S. Treasury Note Continuous Contract $102.738 0.012 0.01% 5-Year U.S. Treasury Note Continuous Contract $106.211-0.016-0.01% 10-Year U.S. Treasury Note Continuous Contract $108.719-0.016 ...
TikTok’s decision to shut the app down for barely 12 hours – only to restore access after President-elect Trump chimed in – appeared to be a PR stunt meant to stoke a public outcry, policy ...
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The Dow Jones rose Wednesday on President Trump's $500 billion Stargate AI project. Netflix stock soared 14% on earnings.