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. Netflix helped lead the way after it said live events like football games and a Mike Tyson-Jake Paul fight helped it add nearly 19 million subscribers during the latest quarter. Netflix jumped 13%.
MILAN/PARIS (Reuters) -Global industrial and technology stocks including Oracle and Schneider Electric rallied on Wednesday after U.S. President Donald Trump unveiled a massive artificial intelligence investment push. Trump on Tuesday announced a private-sector investment of up to $500 billion to fund AI infrastructure, sparking interest in stocks that help build the architecture behind the technology. French group Schneider Electric, a major supplier of electrical equipment and other infrastructure behind data centers, soared 3.4% to a new high in Paris.
Netflix upgraded, Reddit downgraded: Wall Street's top analyst calls
Netflix (NFLX) stock is booming on Wednesday, a day after the company reported blockbuster earnings bolstered by its largest increase of new paid subscribers ever.
(Bloomberg) -- JPMorgan Chase & Co.’s dealmakers are spending their time in the Swiss Alps huddling with ebullient clients, but the boss of the biggest US bank is striking a more cautious tone.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsLA Schools Wrecked by Fires Plead o
The boss of the $1.8 trillion wealth fund told investors to take a contrarion approach, even if it leads others to questioning your sanity.
Palantir and Salesforce have seen their shares soar amid enthusiastic demand for powerful digital assistants and AI platforms.
GE Vernova shares opened at a new record high Wednesday even though the energy company reported worse-than-expected fourth-quarter results.
(Bloomberg) -- The Nasdaq 100 Index has nearly doubled since the start of 2023, adding $14 trillion in value in the process. Evercore ISI’s Rich Ross is prepared for that rally to continue, shrugging off fears of a familiar nemesis: rising bond yields.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning C