Netflix jumps – Trump gives fresh boost to nuclear and AI [Video]
![Netflix jumps – Trump gives fresh boost to nuclear and AI [Video]](https://editorial.fxsstatic.com/images/i/Equity-Index_S&P500-1_XtraLarge.jpg)
Netflix blew past the market expectations last quarter and printed its biggest ever quarterly jump in subscriptions. The share price jumped 14% in the afterhours trading.
More good news for the tech lovers. Trump, together with Softbank and Oracle, announced to invest as much as $500bn in AI infrastructure in the next four years. Oracle jumped more than 7% on the news, while VanEck’s uranium and nuclear ETF gained almost 5%.
The news also boosted growth and productivity expectations more than they fueled the ballooning debt worries. The major US indices gained, while small and mid-cap indices outperformed their bigger cap peers. Elsewhere, the Stoxx 600 index gained yesterday and closed a few points below an ATH level defying the morose growth outlook for the European economies, while the UK’s FTSE 100 has printed its third record high in the 3 past sessions.
Elsewhere, the US dollar retreats on worries that the long dollar positions got too crowded and US crude remains under pressure.
Author

Ipek Ozkardeskaya
Swissquote Bank Ltd
Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.
















