Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose 0.5%, as four out of every five stocks in the index climbed.

Wall Street are pointing mostly higher in premarket trading while more corporate earnings poured in a day after the Federal Reserve opted to leave its benchmark lending rate alone

Tesla (TSLA) stock gained 4.1% in yesterday’s after-hours trading session fueled by CEO Elon Musk’s comments that the vehicle business would

Tesla shares rallied Thursday even after delivering a fourth-quarter earnings report that fell short of expectations and sealed a second consecutive year of declining profits, as investors focused on bullish commentary from Tesla CEO Elon Musk and updated production timelines,

But according to CEO Elon Musk, that’s no cause for concern because Tesla’s future is all about A.I. and other non-automobile businesses. And investors seem to buy the argument—for now. Following a weaker-than-expected fourth-quarter earnings report yesterday (Jan.

Shares of Tesla ( TSLA 4.28%) were moving higher today, overcoming a weak earnings report after CEO Elon Musk spent much of the earnings call pumping up the stock and making big promises about autonomy. As of 1:11 p.m. ET, the stock was up 4.7% on the news.

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