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 stock has risen by 22 percent over the past year, with shares rising by nine percent on the morning following the ...
IBM added that the company continues to 'gain momentum' in the generative AI business, with one-fifth of the AI business ...
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 ...
Tesla's fourth-quarter net income fell 71% from a year ago, when results were boosted by a one-time tax benefit.
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