U.S. stocks were higher, with the Dow Jones index gaining around 100 points on Thursday.

Shares of International Business Machines Corporation IBM gained 12.8% to $174.33 following the release of its fourth-quarter earnings, which surpassed analysts' expectations. The tech giant also unveiled its ambitious artificial intelligence strategy, further boosting investor confidence.

IBM reported earnings per share of $3.92, exceeding the anticipated $3.75. Revenue also edged past forecasts, reaching $17.55 billion compared to the projected $17.54 billion.

IBM shares climbed 13.7% to $259.86 on Thursday.

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

• Tectonic Therapeutic, Inc. TECX shares jumped 97.5% to $50.80 after interim results showed TX45 achieved improvements in hemodynamics that met and exceeded prespecified objectives.
• NetScout Systems, Inc NTCT gained 19.5% to $26.70 after the company reported better-than-expected quarterly financial results.
• Flagstar Financial, Inc. FLG gained 16.6% to $11.19 after the company reported better-than-expected quarterly financial results.
• Oshkosh Corporation OSK shares rose 15.4% to $110.40 after the company beat fourth-quarter EPS and revenue estimates, initiated FY25 EPS guidance above expectations and raised its quarterly dividend by 11%.
• Butterfly Network, Inc. BFLY gained 14% to $4.0000 after the company announced a $75.6 million public offering of class A common stock.
• Celestica Inc. CLS rose 14% to $114.54 following better-than-expected fourth-quarter financial results and first-quarter guidance issued above estimates.
• ACM Research, Inc. ACMR shares gained 14% to $19.92 after Kerrisdale Capital announced a long position in the stock.
• Credo Technology Group Holding Ltd CRDO rose 11.8% to $65.76.
• Calix, Inc. CALX gained 10.5% to $40.76 after the company reported better-than-expected quarterly financial results.
• Semtech Corporation SMTC rose 10.4% to $66.54.
• Las Vegas Sands Corp. LVS gained 8.8% to $47.27 after the company reported better-than-expected quarterly revenue results.
• Check Point Software Technologies Ltd. CHKP gained 8.5% to $221.22 following a fourth-quarter adjusted EPS and revenue beat..
• Roper Technologies, Inc. ROP rose 7% to $579.97 after the company reported better-than-expected quarterly financial results.
• Nokia Oyj NOK gained 7% to $4.75 after the company reported better-than-expected fourth-quarter financial results.
• Domino’s Pizza, Inc. DPZ climbed 6.6% to $456.16.
• Quest Diagnostics Incorporated DGX rose 5.5% to $164.07 following upbeat quarterly earnings.

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