Netflix stock soars after strong subscriber gains, Oracle teams with OpenAI and SoftBank in a $500 billion AI infrastructure partnership, and Johnson & Johnson falls after mixed guidance.

Analysts are expecting Procter & Gamble Co. PG to post quarterly earnings at $1.86 per share on revenue of $21.54 billion. The company will release earnings before the markets open. Procter & Gamble shares gained 1% to $163.38 in after-hours trading.

Trump inauguration, Q4 earnings season will be in focus in the holiday-shortened week ahead. • With its transformative business model and clear growth trajectory, Netflix looks like a compelling buy for investors seeking quality growth.

Nasdaq led gains on Wall Street as investors responded positively to Netflix's strong performance and President Trump's AI infrastructure plan. Procter & Gamble also posted gains, while tariff threats loom.

Earnings still matter, as the stocks of companies that are, on a net basis, accounting for nearly half of the Dow's gains. Travelers' stock was jumping $8.85 (3.7%) after Q4 results, to add about

Dow, S&P 500, and Nasdaq futures are rising in premarket trading Wednesday as the stock market braces for another day of Trump orders.