Netflix shot up 14.6% after it reported adding nearly 19 million subscribers during the holiday-season quarter and it topped sales and profit targets. The video streaming service’s expansion into live programming appears to be paying off as it wrapped up its best year ever with more than $40 billion in revenue.

U.S. stocks are drifting toward a record amid a relatively quiet day on Wall Street. The S&P 500 rose 0.2% in late Thursday trading and was on track to surpass

Stocks in Asia moved higher after a morning briefing by Chinese officials showed the government remains determined to boost share prices.

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

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.