President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.

Wall Street's indexes rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered streaming video provider Netflix's quarterly report and President Donald Trump's private-sector artificial intelligence infrastructure investment plan.

The streaming service Netflix says it is raising prices again with plans to-reinvest back into programming, according to the company.

Trump vowed to hit the "very, very bad" European Union with tariffs and said his administration was also discussing a 10% punitive duty on Chinese imports - blaming the trafficking of fentanyl from China to the U.S. via Mexico and Canada.

(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.

Wall Street's main indexes rose on Wednesday, with the benchmark S&P 500 hitting an all-time high, as investors cheered streaming giant Netflix's strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure.

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.

Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.

The S&P 500 climbed to 6,100 for the first time during Wednesday's session. Traders cheered strong earnings and an AI initiative Trump announced on Tuesday.

A video of Barack Obama and George W. Bush laughing together during Donald Trump's inauguration has gained traction online.

Gift Nifty was trading around 23,153 level, a premium of nearly 50 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.

Netflix added a record 19mn subscribers in the fourth quarter, fuelled by live sports. US stocks rallied while currencies swung the day after Donald Trump’s inauguration, and TikTok-owner ByteDance plans to spend $12bn on AI chips in 2025. Plus, Chinese citizens’ doubts grow over the government’s economic growth claims.