Apple's iconic "1984" commercial, which introduced the Macintosh computer to the world, aired 41 years ago today during Super Bowl
Tesla’s fourth-quarter adjusted earnings miss analysts’ estimates but the stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates, and Meta’s fourth-quarter profit handily tops forecasts.
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.
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.
U.S. stock futures point mostly higher as investors react to corporate earnings, Apple is slated to report results after the bell, and Tesla stock gains after the company delivers an upbeat update on its Full Self-Driving technology.
IBM shares are jumping 8% after the tech-infrastructure provider reported a quarterly per-share profit that beat expectations — helped by a jump in software sales and AI-related demand. Lam Research stock is gaining nearly 6% after the maker of equipment for semiconductor manufacturing issued better-than-expected guidance for the current quarter.
Plus, his early experience with hard work clearly paid off: After climbing the ranks at IBM for 12 years, Steve Jobs invited him to join Apple in 1998—and the rest is history. Now, he’s one of the highest-paid CEOs in America. Last year, Cook took home $74.6 million.
Live Nation Entertainment and Apple tied for the most crowded large cap securities in the U.S., according to the latest Shortside Crowdedness Report from Hazeltree, a leader in active treasury and intelligent operations technology for the alternative asset industry.
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Despite the currency market anxiety, stocks pushed higher - with index futures adding to Thursday's Wall Street gains as the world's most valuable company Apple rallied 4% ahead of today's bell. Apple's upbeat outlook overnight impressed even in the face of a slight quarterly earnings miss.
IBM reported better-than-expected fourth-quarter earnings and revenue, surpassing Wall Street’s earnings per share estimate. IBM's software segment grew 10% due to strong demand for AI technology and its Red Hat Linux operating system.
"During the past 24 months or so, Apple has been the stock everyone has loved to hate, and that trend has continued into 2025," Rubin told clients in a new note. "Apple has been left behind in this year's rally but the stock's decline this January is reminiscent of the start of last year."