• Jan 22, 2025

Nasdaq leads Wall St higher helped by Netflix results, Trump's AI investment plans

The Nasdaq led gains among Wall Street's main indexes on Wednesday, as investors cheered streaming giant Netflix's strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure. The benchmark S&P 500 was just shy of surpassing its all-time intra-day high hit in early December. Netflix jumped 13.1% after reporting a record number of subscribers for the holiday quarter, enabling it to increase prices for most service plans.

  • Jan 22, 2025

Stock market today: Netflix and AI excitement send Wall Street higher

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%.