📰 Nasdaq rises as SpaceX and Super Micro lift AI stocks; Netflix shares fall
US stocks opened higher on Wednesday as strong quarterly results from SpaceX and Super Micro Computer supported investor appetite for artificial intelligence-related stocks, while a weaker outlook from Netflix weighed on the streaming company's shares. The Nasdaq Composite advanced 0.57%, reflecting strength in technology and semiconductor stocks. The Dow Jones Industrial Average fell 38 points, or 0.07%, while the S&P 500 gained 0.20%. Investors continued to assess corporate earnings for signs of whether heavy spending on AI infrastructure can deliver sustainable profits. Concerns about debt-backed investments in data centres and rising oil prices have recently increased volatility across equity markets. SpaceX and Super Micro boost AI stocks SpaceX shares surged 8.8% in trading after the company reported its first profit…
Source : Invezz
Time : 2026-10-21 13:41:27
Credit : ananthu c u
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