By WSJ Staff
Netflix $(NFLX)$: The streaming service's shares jumped 14% in premarket trading after a blockbuster earnings report late Tuesday. Netflix brought in almost 19 million subscribers last quarter, and raised its 2025 revenue forecast.
SoftBank (JP:9984): The Japanese conglomerate will help lead a joint venture called Stargate that will see prominent tech companies invest up to $500 billion in U.S. AI infrastructure. SoftBank shares rose over 10% in Tokyo.
Oracle $(ORCL)$: Shares in the database company, which is an equity partner in Stargate, climbed 8% premarket.
United Airlines $(UAL)$: The airline projected stronger profit this year due to robust demand for premium and international travel. Shares gained over 3% ahead of the opening bell.
Trump Media $(DJT)$: Shares in the Truth Social parent have struggled since Trump's inauguration, dropping about 11% Tuesday, and falling premarket Wednesday.
Procter & Gamble $(PG)$, Johnson & Johnson $(JNJ)$, Abbott Laboratories $(ABT)$ and GE Vernova $(GEV)$ are all due to report ahead of the opening bell.
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(END) Dow Jones Newswires
January 22, 2025 04:54 ET (09:54 GMT)
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