Nasdaq Pushes US Stock Futures Higher on AI Demand Hopes and Strong Earnings

Key Points:

* Nasdaq 100 futures surge 0.8% on positive earnings from Netflix
* S&P 500 futures climb 0.4%
* Dow Jones Industrial Average futures rise 0.1% despite trade war concerns

AI Drives Market Sentiment:

* President Trump's push for AI leadership boosts tech sector
* Oracle shares rise on partnership with Stargate venture
* SoftBank stock jumps 10% in Tokyo

Strong Earnings Support:

* Netflix stock soars 15% on record subscriber growth and earnings beat
* Johnson & Johnson reports strong quarterly sales and profit on cancer treatment sales
* Procter & Gamble shares gain on sales that exceed forecasts

Trade War Concerns Linger:

* Trump considers 10% duty on China imports
* Chinese stocks fall on trade defense plan announcement
* Oil prices rise amid trade war uncertainty

Corporate Updates:

* Johnson & Johnson posts quarterly sales and profit above estimates
* Procter & Gamble sales beat forecasts
* Elon Musk criticizes OpenAI's involvement in Stargate project

Economic Data and Upcoming Earnings:

Economic Data:

* MBA Mortgage Applications (week ending Jan. 17)
* Leading Index (December)

Earnings:

* Alcoa (AA)
* Abbott Labs (ABT)
* Ally Financial (ALLY)
* Comerica (CMA)
* Discover Financial Services (DFS)
* GE Vernova (GEV)
* Halliburton (HAL)
* Steel Dynamics (STLD)
* Travelers (TRV)