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.
IBM (IBM) and Wolfspeed (WOLF) are attracting attention in the options pits after reporting quarterly earnings results ...
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 ...
On Wednesday, Big Tech earnings take center stage with Microsoft (MSFT), Meta Platforms (META), IBM (IBM), and Tesla (TSLA) scheduled to report their quarterly results. Additionally, the Federal ...
IBM reported a 1% rise in revenues overall, while its software unit grew 10% on a year-over-year basis amid growing demand for artificial intelligence and its operating system known as Red Hat Linux.
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.
Executives are increasingly fielding analyst questions about the impact of China's DeepSeek AI on their business — and ...
Wall Street opens up on relief Meta and Microsoft kept their AI spending plans even as their earnings come in mixed. Next up, Apple after the close.
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