Key Takeaways U.S. equities gained at midday Wednesday on an artificial intelligence (AI) initiative announced by the White House, along with strong earnings reports.Netflix reported a big increase in subscribers and raised subscription prices.

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,

Nasdaq futures (NQ=F) are jumping this morning after President Trump announced Stargate, a push to help support AI growth in the United States. Among the big companies involved in the project are OpenAI,

Johnson & Johnson (NYSE: JNJ) stock fell 1.5%, weighed by a hefty dip in sales of its blockbuster psoriasis treatment Stelara, even as the pharmaceutical firm posted better-than-expected fourth-quarter adjusted earnings and sales.

Stocks are poised to open higher on Wednesday, extending a rally that has put major indexes within sight of record highs.

The streaming service's shares jumped 14% in premarket trading after a blockbuster earnings report late Tuesday. Netflix b

Netflix stock is surging 14% in premarket trade as the streaming service raised its 2025 outlook. Oracle stock rose 9% and Nvidia shares rose 3% after the announcement of a $100 billion AI infrastructure plan backed by President Donald Trump.

The newly sworn-in President said ChatGPT creator OpenAI, SoftBank (TYO: 9984) and Oracle (NYSE: ORCL) plan a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs in the United States.

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.

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.

Here is a minute's worth of news that is driving the market. Netflix (NFLX) shares are soaring on better-than-expected fourth quarter earnings. The streamer also added a whopping 18.9 million subscribers in the quarter.

Netflix (NFLX) is up more than +13% to lead gainers in the ... stronger than the consensus of 290.93 million. Oracle (ORCL) is up more than +6%, adding to Tuesday's +6% jump, as it will team up with Softbank Group and Open AI to form a $100 billion ...