Wall Street rises as gains in Meta, Tesla offset Microsoft slump
Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak cloud forecast and downbeat results from Cigna dampened investor enthusiasm. Microsoft MSFT.O dropped 4.7% after forecasting disappointing growth in its cloud computing business.
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country's ...
Adjusted per-share earnings came ahead of Wall Street estimates.
IBM (IBM) is scheduled to report results of its fiscal fourth quarter after the market close on January 29, with a conference call scheduled ...
IBM stock has risen by 22 percent over the past year, with shares rising by nine percent on the morning following the ...
IBM is getting a big AI boost, as investors welcome the company's latest quarterly results. In recent trading, shares stood more than 13% higher at nearly $260. That put the stock on course for the ...
The shares rose 10% in extended trading. It's the largest rise in IBM's stock price since March 2020. Here's how the company ...
Microsoft shares slumped on Thursday after the company's earnings left investors disappointed overnight. Meanwhile, Meta and Tesla traded higher, having shaken off the initial weakness that greeted ...
IBM added that the company continues to 'gain momentum' in the generative AI business, with one-fifth of the AI business ...
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue ...
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