IBM Posts Upbeat Earnings, Joins ServiceNow, Helmerich & Payne, RTX, Nasdaq And Other Big Stocks Moving Higher On Thursday

U.S. stocks were higher, with the Dow Jones index gaining more than 1% on Thursday.

Shares of International Business Machines Corporation IBM rose during Thursday's session following strong quarterly earnings.

IBM reported quarterly earnings of $2.43 per share, which beat the analyst consensus estimate of $2.19. Quarterly sales clocked in at $15.8 billion, which beat the analyst consensus estimate of $15.616 billion.

IBM shares gained 6.4% to $195.75 on Thursday.

Here are some other big stocks recording gains in today’s session.

• Viking Therapeutics, Inc. VKTX shares surged 28.2% to $64.64 after the company reported better-than-expected second-quarter EPS results.
• AST SpaceMobile, Inc. ASTS jumped 25.2% to $16.72. The company announced the successful completion of its first five commercial satellites.
• Bally’s Corporation BALY shares rose 24.2% to $16.80. Bally’s entered into merger agreement with affiliates of Standard General L.P.
• Molina Healthcare, Inc. MOH gained 18.3% to $341.39 following better-than-expected quarterly earnings.
• Carpenter Technology Corporation CRS jumped 16.3% to $141.59 after the company reported better-than-expected quarterly financial results.
• RPC, Inc. RES rose 15.1% to $6.64 following upbeat earnings.
• ServiceNow, Inc. NOW rose 13.7% to $831.97 after the company reported better-than-expected second-quarter financial results.
• Viasat, Inc. VSAT jumped 13.6% to $19.05.
• Pegasystems Inc. PEGA gained 13.1% to $69.09 after the company reported better-than-expected second-quarter financial results.
• Helmerich & Payne, Inc. HP gained 12.5% to $42.46 following third-quarter results.
• CBRE Group, Inc. CBRE surged 11.7% to $109.87 after the company raised its 2024 guidance.
• Valmont Industries, Inc. VMI climbed 11.1% to $300.96 following upbeat earnings.
• Lazard, Inc. LAZ rose 11% to $48.08 following better-than-expected quarterly earnings.
• Tyler Technologies, Inc. TYL rose 10.7% to $571.01 after the company reported better-than-expected quarterly adjusted EPS and sales.
• Plexus Corp. PLXS gained 10.5% to $128.36 following upbeat earnings.
• Transocean Ltd. RIG surged 10.2% to $5.80.
• Beam Therapeutics Inc. BEAM rose 10.1% to $32.81.
• Knight-Swift Transportation Holdings Inc. KNX gained 10.1% to $53.92 following second-quarter results.
• Tyler Technologies, Inc. TYL shares climbed 9.6% to $565.64 after the company reported better-than-expected second-quarter adjusted EPS and sales.
• Mr. Cooper Group Inc. COOP gained 9.5% to $94.86 following second-quarter results.
• RPM International Inc. RPM climbed 9.2% to $121.14 after the company reported better-than-expected quarterly earnings.
• Oceaneering International, Inc. OII rose 9.2% to $27.79 following strong sales.
• Masco Corporation MAS gained 8.1% to $76.27 after the company reported better-than-expected second-quarter earnings.
• Universal Health Services, Inc. UHS rose 8.1% to $201.00 after the company reported better-than-expected second-quarter earnings and increased FY 2024 guidance.
• RTX Corporation RTX climbed 8% to $113.24 following a second-quarter earnings beat.
• Morningstar, Inc. MORN rose 7.8% to $328.71. The company reported second-quarter financial results yesterday.
• Nasdaq, Inc. NDAQ gained 7.4% to $67.36 after the company reported better-than-expected second-quarter financial results.
• MongoDB, Inc. MDB rose 7.4% to $262.60.
• J.B. Hunt Transport Services, Inc. JBHT shares rose 6.1% to $173.75.
• Unilever PLC UL gained 5.9% to $59.90 following HI results.

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