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U.S. stocks close higher

  • Meta Platforms and Tesla led U.S. Stocks higher following recent profit reports, with the S&P 500 up 0.5% on Thursday.
  • Meta Platforms reported better-than-expected profits and emphasized its commitment to artificial intelligence, contributing to market gains.
  • Tesla's stock rose 2.9% despite reporting weaker profits than analysts expected, while IBM surged 13% after beating profit expectations.
  • Microsoft's slower growth in cloud computing impacted its stock, as it reported weaker-than-expected growth in this area.
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mecktimes.com broke the news in on Thursday, January 30, 2025.
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