Stock market today: Nasdaq jumps to lead US futures higher as Netflix soars, AI buzz returns
Published On Jan 22, 2025, 7:05 AM
The Nasdaq has surged, leading U.S. stock futures higher on the back of strong Netflix earnings, which saw a 15% increase in stock price after reporting record new subscribers. There's renewed excitement around AI investments due to a proposed $500 billion private-sector funding announced by former President Trump. While this overshadowed concerns about increasing tariffs, the mood remained optimistic in the market.
Stock Forecasts
NFLX
Positive
Netflix's strong subscriber growth and positive earnings report could continue to attract investors, indicating potential growth in its stock price. Additionally, the overall tech sector is likely to benefit from Trump's AI investment initiative.
ORCL
Positive
Oracle's role in the new AI investment plan is likely to bolster stock performance further, especially with a significant rise in pre-market trading due to increased investor interest in AI technology.
JNJ
Positive
Despite tariff threats, strong earnings reports (e.g., Johnson & Johnson, Procter & Gamble) suggest stable performance in many sectors, which might positively influence these stocks in the short term.
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