Stocks fluctuated Thursday as shares of tech companies struggled following mixed earnings and as Wall Street awaited Apple’s quarterly report.These stocks were making moves Thursday:Tesla reported fourth-quarter adjusted earnings of 73 cents a share,
IBM's Software segment showed a robust performance this quarter, with revenue growing by 10.4% year over year to $7.9 billion. This was driven by Red Hat's 16% growth and a 15% increase in Automation. The company's foray into hybrid cloud and AI solutions is significant, with its generative AI business contributing over $5 billion in revenue.
IBM surpassed fourth-quarter profit estimates on Wednesday, driven by robust demand in its software unit as businesses ramped up IT spending, sending the company's shares soaring about 10% in extended trading.
TSLA, META, MSFT, IBM, NVDA were among the stocks that dominated investor attention on the day Federal Reserve chose to keep the interest rates steady.
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 their latest results.
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s most influential companies
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Microsoft (MSFT – Research Report),
SP500 gains ground despite the weaker-than-expected GDP Growth Rate report. The report showed that GDP Growth Rate declined from 3.1% to 2.3%, compared to analyst consensus of 2.6%. Initial Jobless Claims report showed that 207,
The IBM stock price is loitering near its all-time high as demand for its AI solutions continue rising. It was trading at $230 on Thursday, a few points below the all-time high of $240, and about 27% higher than where it was on the same day in 2024.
Microsoft (MSFT), Meta Platforms (META), IBM (IBM), and Tesla (TSLA) reported their latest earnings results on Wednesday. The latest data found that US GDP growth (gross domestic product ...
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