The Nasdaq led gains among Wall Street's main indexes on Wednesday, as investors cheered streaming giant Netflix's strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure.

(Reuters) - U.S. stock index futures rose on Wednesday, with those tied to the tech-heavy Nasdaq in the lead as investors cheered streaming giant Netflix's strong quarterly performance and President Donald Trump's multi-billion show of support for the AI technology industry.

Netflix (NASDAQ: NFLX) was one of the best stocks of the 2010s. After an initial misstep with Qwikster, Netflix successfully transitioned from a DVD-by-mail business to a streaming one and delivered phenomenal growth over the decade as it expanded around the world and made streaming mainstream.

After strong revenue and profits for its fourth quarter, the streaming giant says customers are going to have to pay a little more. Investors don’t seem to mind. Shares of Netflix (Nasdaq: NFLX) are surging in premarket trading after the company announced a blowout end to its fiscal 2024.

Wolfe Research upgrades investment rating on Netflix to outperform with a price target of $1,100, citing strong Q4 results and growth potential.

The major averages were mixed on Thursday, as Wall Street took a breather after a two-day advance post President Donald Trump's inauguration took the benchmark S&P 500 (SP500) to a new all-time intraday high.

We recently compiled a list of the These 10 Companies Led Gains on Wednesday. In this article, we are going to take a look at where Netflix, Inc. (NASDAQ:NFLX) stands against the other stocks. Wall Street’s main indices ended firmer on Wednesday as share prices remained boosted by positive catalysts from President Donald Trump’s inauguration coupled

Netflix's live sports streaming has shown early success with NFL Christmas Day games and WWE's "Monday Night Raw." These NFL games drew an average of 30+ million global viewers, becoming the most-streamed in US history. "Monday Night Raw" also attracted an impressive 4.9 million viewers, surpassing recent viewership.

U.S. stock index futures rose on Wednesday, led by those tied to the Nasdaq, as investors cheered streaming giant Netflix's strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure.

Thursday closed up +0.53%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.92%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.22%. March E-mini S&P futures (ESH25) are up +0.48%, and March E-mini Nasdaq futures (NQH25) are up +0.