Tech stocks dominated the list of biggest gainers after President Trump unveiled The Stargate Project, a new company formed by Oracle ( ORCL ), OpenAI, SoftBank and MGX, which will invest up to $500 billion in AI infrastructure over the next four years.

Netflix, Oracle and other technology stocks are lifting U.S. indexes Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 was up 0.

U.S. stock indexes are drifting higher following a mostly encouraging batch of profit reports from big companies