Wall Street will closely watch the streamer's ad-supported subscriber numbers. Bitcoin hits a new high ahead of Trump's inauguration. TikTok restores U.S. service after going dark.

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Wall Street indexes hit new highs, driven by optimism in tech stocks, following President Trump's announcement of a $500 billion AI infrastructure plan. Netflix soared on strong subscriber numbers, while semiconductor shares surged on AI excitement.

Wall Street's major indexes opened positively as the S&P 500 approached a record high, driven by Netflix's strong quarterly results and President Trump's substantial investment in AI infrastructure. The Dow Jones,

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Netflix shot up 14.6% after it reported adding nearly 19 million subscribers during the holiday-season quarter and it topped sales and profit targets. The video streaming service’s expansion into live programming appears to be paying off as it wrapped up its best year ever with more than $40 billion in revenue.

The company also announced a $15 billion stock buyback and boosted its full-year revenue outlook in its after-hours report on Tuesday. Netflix now projects 2025 revenue between $43.5 billion and $44.5 billion, ahead of the prior $43 billion to $44 billion range.

For years, the world's biggest media companies struggled to make money off of their streaming services. The culprits: pricey content, user churn, and lots of competition. In 2024, that finally changed.

The S&P500 (SP500) closed in the red on Friday, after the week witnessed new policies from U.S. President Donald Trump, along with earnings reports from many financial and tech companies. For the week,

The Mike Tyson-Jake Paul boxing match that aired live on Netflix in November was the most streamed global sporting event ever, reaching 108 million viewers, the streaming service said. And 65 million people tuned into the NFL Christmas Day games on Netflix last month, making them the most-streamed NFL games ever, according to the league.