KEY TAKEAWAYS IBM shares jumped 13% to lead S&P 500 gainers Thursday, a day after the company posted fourth-quarter results that topped analysts' estimates as its artificial intelligence (AI)-enabled business surged.
Key Takeaways The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic growth.Las Vegas Sands shares pushed higher as the casino operator topped sales forecasts,
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Should You Pick IBM Stock At $250?
Why IBM's stock is having its best day since the dot-com era
IBM's stock is up 12.5% in afternoon action. That puts it on track for its largest one-day gain since it rose 13% on July 20, 2000. See more: Amid threats of DeepSeek disruption, IBM sees benefits from more efficient AI and deregulation
IBM Stock Tests New Record High After Earnings
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 highest close on record,
IBM is giving the market a blast from the past today as shares surged in reaction to earnings. IBM has fallen out of its Tech leadership role over the years. The current leaders of the S&P 500 account for a much larger share of market cap and hence have a much greater impact on the index's performance.
Meta and Tesla rise as Microsoft slumps, keeping US indices mixed. Investors await Apple and Amazon earnings while GDP and Fed policy weigh on sentiment.
IBM delivered better-than-expected fourth-quarter results and unveiled its big bets on artificial intelligence strategies and offerings.
IBM ( IBM) was the best-performing stock in the Dow and S&P 500 when the computer services provider beat profit estimates as it benefited from higher demand for its artificial intelligence (AI) offerings. Shares of Las Vegas Sands ( LVS) gained after the hotel and casino operator exceeded sales forecasts on strong revenue at its Singapore location.
The Dow Jones Industrial Average and the other major indexes temporarily crumbled in the final minutes of trading after President Donald Trump reiterated threats to impose tariffs on Canada and Mexico,
U.S. stocks traded mostly higher on Thursday following the latest batch of corporate earnings and U.S. economic reports. The Dow and S&P 500 were trading higher, but the Nasdaq Composite sank as weakness in a handful of key tech stocks weighed on the index.
IBM surges 13% on strong earnings while Microsoft drops 6.2% on weak guidance. Gold, utilities and semiconductor stocks rally. Treasuries rise, pushing yields lower.
S&P 500 futures are up 0.5%. Dow Jones Industrial Average futures are gaining 0.4%. Nasdaq 100 futures are rising 0.7%. On Wednesday, the Dow Jones Industrial Average fell 137 points, or 0.31%, to 44,
IBM shares surged over 8% in premarket on Thursday following the release of its Q4 earnings, which surpassed analysts' expectations.International Business Machines Corp. (NYSE:IBM) saw its shares surge over 8% in premarket trading Thursday following the release of its fourth-quarter earnings,
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