Wednesday's market has seen notable fluctuations across various stocks, influenced by a mix of company news and market dynamics. Mega-cap stocks like Netflix, Inc. (NASDAQ:NFLX) and Oracle Corp (NYSE:ORCL) are experiencing significant movements,
U.S. stocks could open on a positive note on Wednesday, continuing to rally after Donald Trump's inauguration as the 47th President of the U.S. on Monday. Futures point to a second consecutive day of positive start to the Trump presidency.
U.S. equities gained at midday Wednesday on an artificial intelligence initiative announced by the White House and strong earnings reports.
Live Updates Make sure to refresh this page periodically for updates. Earnings to Watch Today 9:37 am Here are some earnings to watch this morning. We’ll provide updates on other market movers as the day progresses.
The Dow Jones Industrial Average rose 111.36 points, or 0.25%, to 44,136.46, the S&P 500 gained 40.88 points, or 0.68%, to 6,090.12 and the Nasdaq Composite gained 252.60 points, or 1.28%, to 20,009.69.
A number of Big Tech stocks are jumping Wednesday morning after President Trump announced a new AI infrastructure project called Stargate. It has sent the Nasdaq Composite (^IXIC) higher in early trading.
Tech stocks enjoyed a surge Wednesday, driven by a sharp rise in semiconductor shares after President Donald Trump, OpenAI's Sam Altman, Oracle Corp. (NYSE:ORCL) co-founder Larry Ellison, and SoftBank CEO Masayoshi Son unveiled the Stargate Project on Tuesday.
Also, Oracle is up more than +6%, adding to Tuesday's +6% jump, as the company teams up with Softbank Group and Open AI to form a $100 billion joint venture to fund artificial intelligence infrastructure.
The stock was also trending after Trump reportedly said at event on Tuesday that he would be open to Oracle chairman Larry Ellison or Tesla ( TSLA) CEO Elon Musk purchasing social media app TikTok, as part of a joint venture with the US government.
Investing.com -- Wedbush Securities raised its price target for Palantir Technologies (NASDAQ: PLTR) to $90 per share in a note Thursday, representing a new Street high. The firm maintained an Outperform rating on the stock.
AI-driven optimism continues to fuel gains in tech-heavy indices despite lingering trade uncertainties. Traders remain focused on key earnings and Trump’s policy announcements, with the Nasdaq nearing record highs. Technical signals suggest potential buying opportunities in the Nasdaq, as key support levels hold firm.
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