Netflix, Oracle and other big technology stocks lifted Wall Street Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.

President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.

Nasdaq 100 climbs at the opening bell as Netflix’s stellar earnings and AI investments fuel tech stock momentum. Will the rally sustain?

Japan's Nikkei Stock Average rose 0.8% to close at 39958.87 amid risk-on sentiment. "Equities worldwide continued to ride on the wave of U.S.' AI investment announcement, as well as blowout earnings from streaming giant Netflix,

The Dow Jones Industrial Average was up 136 points, or 0.3%, as of 11:55 a.m. Eastern time. The Nasdaq composite was 1.5% higher.

Trump vowed to hit the "very, very bad" European Union with tariffs and said his administration was also discussing a 10% punitive duty on Chinese imports - blaming the trafficking of fentanyl from China to the U.S. via Mexico and Canada.

Wall Street's indexes climbed on Wednesday, with the S&P 500 reaching record highs. Investors celebrated Netflix's subscriber boost and Trump's $500 billion AI investment plan. The technology sector led gains,

All told, the S&P 500 rose 37.13 points, the Dow Jones Industrial Average gained 130.92 and the Nasdaq composite jumped 252.56.

Netflix, Oracle and other tech stocks lifted U.S. indexes as their profits pile higher and excitement builds around AI's moneymaking prospects.

U.S. stock indexes rose on Wednesday due to stronger-than-expected earnings from major tech companies and growing optimism for AI.

European stocks are expected to open lower on Thursday, reversing the positive momentum seen earlier this week. This decline reflects a cautious sentiment among investors, driven by a mix of global and regional factors.