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

IBM stock popped as Q4 earnings and revenue topped Wall Street estimates while 2025 free cash flow guidance came in above expectations.

IBM stock has risen by 22 percent over the past year, with shares rising by nine percent on the morning following the earnings announcement.

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 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 added that the company continues to 'gain momentum' in the generative AI business, with one-fifth of the AI business coming from Software, and the remaining from Consulting.

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.

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 did versus LSEG consensus expectations:

While AI with fewer guardrails may be terrifying for some, it may be a possible way to expand into new territories and win the race toward AI. In light of this, Trump has recently signed an executive order related to AI to “make America the world capital in artificial intelligence”.

Asia markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports