Nasdaq 100 climbs at the opening bell as Netflix’s stellar earnings and AI investments fuel tech stock momentum. Will the rally sustain?
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.
U.S. stock index futures advanced on Wednesday, with Nasdaq 100 futures (US100:IND) in particular getting a big boost from Netflix (NFLX). The streaming giant was on track to open at a record high after announcing robust quarterly results.
U.S. stock-market futures pointed to opening gains on Wednesday after Netflix posted better-than-expected results and President Donald Trump unveiled an artificial-intelligence infrastructure package.
Going as far back as far as 1972 -- the first full year the Nasdaq traded -- in each year after achieving gains of 28% or more, the tech-centric index has delivered additional gains of 19%, on average.
US equity futures signaled that the strong Wall Street rally of the past two sessions remains on track, lifted by a slew of robust corporate results and signs that US tariffs on trade partners could be less harsh than feared.
Investors are heading into yet another pivotal Big Tech earnings cycle with the companies’ shares near record highs and valuations stretched. A key distinction this time: The group’s profit growth is projected to come in at the slowest pace in almost two years.
Shares of Arm Holdings ( ARM -2.43%) were trading higher this week. The company's stock gained 8.9% as of market close but was up as much as 13% earlier in the week. The leg up comes as the S&P 500 and Nasdaq 100 were up 1.7% and 1.6%, respectively.
U.S. stock index futures held steady Wednesday evening after the SP 500 hit a record high, driven by Netflixs strong earnings and optimism over President Donald Trumps AI investment initiative. SP 500 Futures were flat
Wall Street advanced on Wednesday, as tech stocks soared on the back of Netflix and the AI trade. Read more here.
A rally in big tech fueled by optimism over artificial intelligence and a batch of earnings from corporate heavyweights sent stocks to the brink of their all-time highs.
Seagate Technology Holdings Plc ( STX) is up more than +8% after reporting Q2 adjusted EPS of $2.03, better than the consensus of $1.87. Travelers Cos ( TRV) is up more than +4% to lead gainers in the Dow Jones Industrials after reporting Q4 core EPS of $9.15, well above the consensus of $6.59.