NetApp Jumps on AI Storage Demand, Outpaces Older Tech Names

Wall Street clawed back some ground Wednesday following its steepest single-day drop in three months, as investors parsed President Donald Trump’s comments on Greenland and trade at Davos. By 9:38 a.m. ET, the Dow was up 0.42%, the S&P 500 had gained 0.40%, and the Nasdaq ticked 0.20% higher. Netflix, however, fell 4.2% after halting share buybacks to help finance its acquisition of Warner Bros Discovery’s studio and streaming units. “But we’re certainly concerned about reigniting a trade war,” said Art Hogan, chief market strategist at B Riley Wealth.