The Dow Jones rose Wednesday on President Trump's $500 billion Stargate AI project. Netflix stock soared 14% on earnings.

US stocks gained on Tuesday, with the Dow Jones Industrial Average (^DJI ... ChatGPT creator OpenAI, and Japanese conglomerate SoftBank (9984.T) among those committing to the joint venture.

SoftBank would lead the $40 billion round for the ChatGPT maker, some of which would go to the Stargate AI infrastructure venture.

The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.

Alibaba rolled out a new artificial intelligence model it says can outperform models from DeepSeek, OpenAI, and Meta Platforms.

A breakthrough Chinese chatbot has sparked alarm about the country’s advances in artificial intelligence (AI) and wiped close to $1 trillion off global stock markets...

Dow Jones futures fell Sunday night, along with S&P 500 futures and especially Nasdaq futures, amid concerns over AI progress from China's DeepSeek. Nvidia, Broadcom, Meta and several other AI-related stocks were indicated lower overnight.

The Dow Jones Industrial Average is among the most popular stock market indices globally. Known as the Dow, the index monitors the performance of 30 blue-chip companies listed on the US stock exchanges. In 2024, the Dow index returned over 16%, compared to a 25% return for the broader market.

All told, the S&P 500 rose 37.13 points, the Dow Jones Industrial Average gained 130.92 and the Nasdaq composite jumped 252.56.

Netflix, Oracle and other technology stocks are lifting U.S. indexes as their profits pile higher and excitement builds around artificial intelligence. The S&P 500 was up 0.5% early Wednesday.

Stocks climbed as President Donald Trump struck a better-than-feared tone on global trade and speculation grew that his policies will further boost Corporate America. Bonds continued to unwind the recent surge in yields that roiled markets.

DeepSeek is an artificial intelligence (AI) research lab based in China. It was spun out of the country's most successful hedge fund, High-Flyer, in 2023. The fund had been using AI for years to develop trading algorithms.