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,

U.S. stocks could open on a positive note on Wednesday, continuing to rally after Donald Trump's inauguration as the 47th President of the U.S. on Monday. Futures point to a second consecutive day of positive start to the Trump presidency.

Stocks are poised to open higher on Wednesday, extending a rally that has put major indexes within sight of record highs.

Johnson & Johnson (NYSE: JNJ) stock fell 1.5%, weighed by a hefty dip in sales of its blockbuster psoriasis treatment Stelara, even as the pharmaceutical firm posted better-than-expected fourth-quarter adjusted earnings and sales.

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The Wall Street major averages advanced on Wednesday, with Nasdaq Composite (COMP:IND) in particular getting a big boost from Netflix (NFLX). The streaming giant popped after announcing robust quarterly results.

The streaming service's shares jumped 14% in premarket trading after a blockbuster earnings report late Tuesday. Netflix b

Netflix stock is surging 14% in premarket trade as the streaming service raised its 2025 outlook. Oracle stock rose 9% and Nvidia shares rose 3% after the announcement of a $100 billion AI infrastructure plan backed by President Donald Trump.

The stock was also trending after Trump reportedly said at event on Tuesday that he would be open to Oracle chairman Larry Ellison or Tesla ( TSLA) CEO Elon Musk purchasing social media app TikTok, as part of a joint venture with the US government.

The newly sworn-in President said ChatGPT creator OpenAI, SoftBank (TYO: 9984) and Oracle (NYSE: ORCL) plan a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs in the United States.

A number of Big Tech stocks are jumping Wednesday morning after President Trump announced a new AI infrastructure project called Stargate. It has sent the Nasdaq Composite (^IXIC) higher in early trading.

Netflix stock is jumping in premarket trading after the streaming giant posted strong revenue and subscriber gains; U.S. stock futures are pointing higher as investors evaluate ac