Stock Movers now: Netflix, Oracle, Travelers, Moderna, Johnson & Johnson, and More
U.S. equities saw midday gains on Wednesday, driven by an artificial intelligence (AI) initiative announced by the White House, alongside strong earnings reports from major companies.
Notable Stock Performers:
- Netflix (NFLX): Shares soared after the streaming giant reported a significant increase in subscribers and announced price hikes.
- Oracle (ORCL): Stock prices jumped when President Trump announced a $500 billion AI joint venture involving Oracle, OpenAI, and Japan’s SoftBank.
- Travelers Cos. (TRV): Travelers’ stock rose following better-than-expected earnings, thanks to higher premium revenue.
- Moderna (MRNA): Moderna shares surged after positive clinical trial results for its vaccine.
- Walgreens Boots Alliance (WBA): Walgreens’ stock moved higher after announcing strong quarterly results driven by a rebound in pharmacy sales.
Market Overview: Oil futures and the 10-year Treasury yield remained little changed. Gold prices rose, while the U.S. dollar gained against the yen, weakened slightly against the euro, and remained steady against the pound. Most major cryptocurrencies traded lower.
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