07:07 AM EST, 01/22/2025 (MT Newswires) -- US benchmark equity indexes were tracking in the green in Wednesday's premarket activity as investors await the latest batch of corporate earnings.

Standard & Poor's 500 rose 0.4%, the Dow Jones Industrial Average edged up 0.1% and the Nasdaq added 0.8% before the opening bell. The majority of Asian exchanges were pointing higher while European bourses trending upwards midday on the continent.

Shares of Netflix ( NFLX ) jumped 15% pre-bell as the streaming giant reported better-than-expected fourth-quarter results and a record addition of new subscribers. United Airlines (UAL) gained 3.6% as the air carrier issued an upbeat earnings outlook for the first quarter and topped market estimates for the prior three-month period.

Oracle's (ORCL) stock advanced 8.9% before the opening bell following President Donald Trump's announcement of a $500 billion investment plan, dubbed Stargate, to develop artificial intelligence infrastructure in the US. The plan includes Oracle, OpenAI and Japan's SoftBank, among others.

Procter & Gamble ( PG ) , Johnson & Johnson ( JNJ ) , Abbott Laboratories ( ABT ) , GE Vernova ( GEV ) , Travelers Cos ( TRV ). (TRV), Halliburton ( HAL ) , Ally Financial ( ALLY ) and Commerce Bancshares ( CBSH ) report their latest financial results before the bell, among others. Kinder Morgan ( KMI ) and Discover Financial Services ( DFS ) post earnings after the markets close.

On the economic calendar, the weekly mortgage applications bulletin is out at 7 am ET, followed by the Atlanta Fed Business Inflation Expectations report for January and last month's leading indicators index at 10 am.

In premarket activity, bitcoin declined 1.3% to $105,041, West Texas Intermediate crude oil increased 0.4% to $76.15 a barrel, yields on 10-year Treasuries inched 0.2 basis points higher to 4.58% and gold inclined 0.4% to $2,769 an ounce.