IBM shares rise 9% on earnings beat

• IBM rallies 13%, heads for best day since 2000 on strong earnings

  CEO Arvind Krishna said that the company posted $5 billion in bookings for its generative AI segment.
  
  CNBC - 18m

• Meta shares pop after company beats on revenue

  Meta reported earnings after the bell. Here are the results.
  
  CNBC - 18h
• 

  Ericsson Shares Slump as Earnings Hit by Weakness Outside of Core Networks Business

  The company’s shares fell to the bottom of the Stoxx Europe 600 index as higher operating costs and weakness in some of its business units dented earnings.
  
  The Wall Street Journal - 6d

• Travelers withstands higher catastrophe losses as underwriting fuels earnings beat

  Travelers Cos. executives confirm the Los Angeles wildfires will have a material impact on the insurer’s first-quarter earnings but say it’s too soon to specify the costs.
  
  MarketWatch - Jan. 22

• Procter & Gamble earnings beat estimates as shoppers buy more household staples

  Procter & Gamble beat quarterly earnings and revenue estimates and also reiterated its fiscal 2025 forecast.
  
  CNBC - Jan. 22
• 

  Country Garden Shares Rise After Monthslong Suspension

  Shares in the company, once one of China’s largest developers, rose on the resumption of trade after it pledged to reach a debt-restructuring deal with creditors.
  
  The Wall Street Journal - Jan. 21

• Wells Fargo shares jump after earnings beat, strong 2025 guidance

  The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.
  
  CNBC - Jan. 15

• Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs

  Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.
  
  CNBC - Jan. 10

More from CNBC

• No survivors in American Airlines collision with Army helicopter, officials say

  An American Airlines regional jet collided with a helicopter near Ronald Reagan Washington National Airport.
  
  CNBC - 1h

• Trump lashes out at Biden, DEI efforts after D.C. plane crash

  President Donald Trump blasted former President Joe Biden and Democratic diversity measures after a midair collision above Washington, D.C.
  
  CNBC - 21m

• Pending home sales drop sharply in December, as mortgage rates surge back over 7%

  Pending home sales in the U.S. fell in December as mortgage rates climbed again.
  
  CNBC - 1h

• UPS shares tank 17% after weak guidance, plan to slash Amazon deliveries by more than half

  UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.
  
  CNBC - 25m

• Apple reports first-quarter earnings after the bell

  Analysts are concerned about how Apple will signal the March quarter is shaking out.
  
  CNBC - 28m

More in Business

• 

  ECB warns of ‘headwinds’ to Eurozone economy as it cuts rate to 2.75%

  Move comes after Fed keeps borrowing costs on hold
  
  Financial Times - 11m

• Selling your house? Here’s how long you’ll have to wait for a buyer.

  High mortgage rates have stalled the housing market.
  
  MarketWatch - 11m
• 

  SoftBank in Talks to Invest Up to $25 Billion in OpenAI

  A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.
  
  The New York Times - 14m

• IBM rallies 13%, heads for best day since 2000 on strong earnings

  CEO Arvind Krishna said that the company posted $5 billion in bookings for its generative AI segment.
  
  CNBC - 18m

• Trump lashes out at Biden, DEI efforts after D.C. plane crash

  President Donald Trump blasted former President Joe Biden and Democratic diversity measures after a midair collision above Washington, D.C.
  
  CNBC - 21m