S&P 500 Gains and Losses Today: Netflix Soars as Streamer Touts Subscriber Growth

Market Performance - Major US equity indexes rose driven by AI infrastructure investments and strong earnings results with the S&P 500 gaining 0.6%, the Dow up 0.3%, and the Nasdaq climbing 1.3% [2] - The S&P 500 advanced 0.6% on January 22, 2025, following announcements of major AI investments and positive earnings releases [10] Netflix (NFLX) - Netflix reported better-than-expected Q4 sales and profits, with shares surging 9.7% and adding 19 million new subscribers [3] - The company boosted its share repurchase program by $15 billion and increased its 2025 revenue outlook [3] - Analysts expect minimal resistance to Netflix's subscription price hikes due to strong programming content [3] Monolithic Power Systems (MPWR) - Shares of Monolithic Power Systems jumped 8.0$600 million in additional funding from the US Department of Health and Human Services for mRNA vaccine development [5] - The funding aims to advance vaccines against pandemic-potential influenza strains, including H5N1 [5] - Larry Ellison's comments on AI's potential in cancer vaccine development provided an additional boost [5] Seagate Technology Holdings (STX) - Seagate shares rose 6.8% following a strong earnings report, topping quarterly sales and profit estimates [6] - Analysts noted improving demand trends and potential underestimation of the company's gross margin trajectory [6] Edison International (EIX) - Edison International shares sank 6.3%, the worst performer in the S&P 500, due to legal challenges related to wildfires [7] - A judge ordered the company to preserve evidence related to the Eaton fire, with lawsuits alleging its equipment may have contributed to the fire [7] First Solar (FSLR) - First Solar shares fell 6.3%, extending losses after President Trump announced the elimination of renewable energy initiatives [8] - The stock has declined around 20% since Trump's election victory in November [8] Renewable Energy Sector - President Trump's executive orders paused permitting processes for wind energy projects, impacting companies like AES Corp and Dominion Energy, whose shares dropped 5.3% [9] - The policy shift weighed on shares of companies exposed to onshore and offshore wind power generation [9]