Netflix stock soars after strong subscriber gains, and Oracle teams with OpenAI and SoftBank in a $500 billion AI infrastructure partnership. Johnson & Johnson and Procter & Gamble are scheduled to report quarterly earnings Wednesday.

Project Stargate will see companies like Oracle, SoftBank, MGX, and OpenAI commit an initial $100 billion to build data centers in the U.S.

Consumers say they were misled by environmental claims Lawsuit claims company harms important Canadian forest Procter & Gamble has pledged more disclosures Jan 17 (Reuters) - A new lawsuit accuses ...

Shares of household products giant Procter & Gamble (NYSE: PG) were gaining today after the maker of Crest toothpaste and Gillette razors posted another solid earnings report, edging out analyst ...

Wall Street's indexes rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered streaming video provider Netflix's quarterly report and President Donald Trump's private-sector artificial intelligence infrastructure investment plan.

Also, Oracle rose more than +6%, adding to Tuesday's +6% jump, after the company teamed up with Softbank Group and Open AI to form ... better than the consensus of $1.89. Procter & Gamble (PG) closed up more than +2% after reporting Q2 net sales of $ ...

US and European stock markets mostly pushed higher Wednesday as investors tracked earnings and President Donald Trump's policy plans as artificial intelligence shares rallied.Shares in software investment giant SoftBank soared more than 10 percent Wednesday -- leading Tokyo-listed chipmakers higher -- after Trump said it was included in a new $500-billion venture to build infrastructure for artificial intelligence in the United States.

Netflix shot up 14.6% after it reported adding nearly 19 million subscribers during the holiday-season quarter and it topped sales and profit targets. The video streaming service’s expansion into live programming appears to be paying off as it wrapped up its best year ever with more than $40 billion in revenue.

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.

Wall Street closed higher, with the S&P 500 index scoring an all-time high. Blowout Netflix results and plans for $500b AI investment fuel gains.

Netflix a thrill: Not that long ago, conventional knowledge was that the streaming market was saturated, Netflix’s golden age of constant subscriber growth was over, and the company would have to eke out revenue gains by raising prices for its existing customers.