Market Overview - Tech stocks led the market rally, driven by AI investments and strong corporate earnings [1][2] - The Dow Jones Industrial Average rose 0.3% to 44,156, the S&P 500 gained 0.6% to 6,086, and the Nasdaq Composite added 1.3% to 20,009 [5] - Technology and communication services were the only sectors gaining, while rising interest rates and a stronger dollar weighed on other sectors [3] AI and Tech Sector - The Stargate Project, a 85 billion in market cap [11] Corporate Earnings Highlights - Netflix (NFLX) surged 9.7% after beating Q4 expectations, raising 2025 revenue guidance, and announcing subscription price hikes [6] - Netflix ended 2024 with over 300 million global subscribers and achieved $10 billion in annual operating profit for the first time [7] - Procter & Gamble (PG) rose 1.9% after beating Q2 expectations and reaffirming its fiscal 2025 outlook, projecting 2%-4% revenue growth [8][9] - GE Vernova (GEV) gained 2.7% despite missing Q4 expectations, reaffirming its 2025 outlook with projected revenue growth of 3%-5.9% [10] Oracle's Performance - Oracle generated a 59% total return over the past 52 weeks, outperforming the S&P 500's 27% gain [12] - Wall Street analysts maintain a Buy consensus on Oracle, with 16 Strong Buy, 6 Buy, 12 Hold, and 1 Strong Sell ratings [12]
Stock Market Today: Earnings and AI Send Stocks to New Highs