Alibaba, IBM, Nu Holdings And More: CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Malcolm Ethridge, managing partner at Capital Area Planning Group, said International Business Machines Corporation (NYSE:IBM) is expected to report good earnings next week.

IBM is scheduled to report quarterly earnings on Jan. 28. Analysts expect the company to report earnings at $4.29 per share on revenue of $19.23 billion.

Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, said momentum returned to Alibaba Group Holding Limited (NYSE:BABA) and it is expected to do well.

According to recent news, Alibaba has struck a nuclear power partnership in China, underscoring how artificial intelligence is reshaping global energy strategies. The Chinese e-commerce giant is moving to secure the massive electricity demand required for AI data centers by forming an electricity generation venture with a leading Chinese nuclear power group

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Shannon Saccocia, chief investment officer of NB Private Wealth, named iShares U.S. Healthcare ETF (NYSE:IYH) as her final trade.

Joe Terranova, senior managing director for Virtus Investment Partners, picked Nu Holdings Ltd. (NYSE:NU), a financial stock, which is breaking out.

As per recent news, Nu and the Mercedes-AMG PETRONAS F1 Team on Wednesday disclosed a new multi-year partnership, establishing Nu as an Official Team Partner ahead of the 2026 FIA Formula One World Championship Season.

Price Action:

• IBM shares gained 2.1% to close at $297.54 on Wednesday.
• Alibaba surged 3.9% to settle at $168.67 during the session.
• iShares U.S. Healthcare ETF gained 1.8% on Wednesday.
• Nu Holdings shares gained 1.6% to close at $17.24 during the session.

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