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.

Netflix, Oracle and other technology stocks are lifting U.S. indexes Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelli

U.S. stocks were rising on Wednesday morning with the major stock averages seeing their third day of gains as investors digested a slew of robust corporate earnings and President Donald Trump's new initiative on artificial intelligence.

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 technology stocks are lifting U.S. indexes as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.

Billionaire investor Stanley Druckenmiller told CNBC this week that optimism surrounding the U.S. market and business outlook is reaching "giddy" levels in boardrooms. Judging by Wall Street's boom, that giddiness is being mirrored across trading floors.

BANGKOK--World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise.

US stock futures hovered below the flatline as traders looked ahead to a speech from US President Donald Trump to business and political leaders in Davos, Switzerland. Elsewhere, Electronic Arts (NASDAQ:EA) cuts its net bookings outlook on weakness at its crucial soccer video game franchise.

U.S. equities gained at midday Wednesday on an artificial intelligence initiative announced by the White House and strong earnings reports.

Nasdaq futures (NQ=F) are jumping this morning after President Trump announced Stargate, a push to help support AI growth in the United States. Among the big companies involved in the project are OpenAI,

Gold price sticks to positive bias for the third successive day on Wednesday and trades near its highest level since November 1 above $2,750. The uncertainty around US President Donald Trump's trade policies turns out to be a key factor that continues to drive haven flows towards the precious metal.