U.S. stocks rose as strong earnings from Elon Musk’s SpaceX eased concerns about the profitability of the artificial-intelligence business, sparking gains for chip makers.

The U.S. stock market is rising Wednesday following strong profit reports from SpaceX, Capital One Financial and other big companies. The S&P 500 added 0.4% and pulled within 1% of its all-time high set earlier this month.

U.S. stocks rose, with the Nasdaq leading gains, after SpaceX’s earnings gave a big boost to the artificial-intelligence trade.

Asian shares are mixed with Japan and South Korea tech stocks advancing following a broad rally on Wall Street.

Netflix, which announced layoff plans last week, posted a third-quarter profit above Wall Street’s expectations

Netflix stock is getting a valuation reset after the subscription streaming video service posted its slowest sales growth in three years.

Netflix stock extended its losses another 4% on Wednesday after some Wall Street analysts cut their price targets in response to weaker guidance overshadowing the streamer's third-quarter earnings. The company had projected a slowdown in fourth-quarter revenue growth and lower ad sales for 2026 than previously expected despite posting a stronger-than-expected third quarter profit and revenue that was in-line with Wall Street's estimates. The...

Netflix remains a buy as strong Q3 growth, healthy retention, and a low valuation support long-term upside. Read more on NFLX stock here.