Today's Morning Movers and Top Ratings: TSLA, IBM, AAL, HUM and More

$IBM Corp(IBM.US)$ stock rose 6.8% after the tech giant forecast full-year revenue growth above expectations, banking on demand for its IT software and consultancy services from businesses looking to adopt artificial intelligence.

$American Airlines(AAL.US)$ stock rose 5% after the carrier beat expectations with its forecast for full-year adjusted earnings per share, expecting that it would receive a boost from solid passenger booking trends and a decline in fuel prices.

$Mobileye Global(MBLY.US)$ stock rose 0.7% after the self-driving technology company beat expectations for quarterly adjusted profit as demand for its autonomous driving technology remained resilient in an uncertain economy.

$Tesla(TSLA.US)$ stock fell 8.3% after CEO Elon Musk warned that the electric vehicle giant expects to see "notably lower" sales growth in 2024 versus the prior year, citing intensifying competition and stalling demand from cost-conscious buyers.

$Apple(AAPL.US)$ stock fell 0.2% after smartphone shipments in China declined by 2.1%, as per data from research firm IDC, due to increased competition from local rivals.

$Boeing(BA.US)$ stock fell 2.9% after U.S. regulators froze increases in production of its 737 MAX, raising concerns over the planemaker’s growth plans.

$Humana(HUM.US)$ stock slumped 14% after the health insurer forecast 2024 profit sharply below expectations as it expects higher costs within its Medicare Advantage plans for older adults to persist into 2024.

$Ford Motor(F.US)$ stock fell 1.3% after the auto giant said it expects to record a pretax remeasurement loss of about $1.7 billion, related to its employees pension and other post-retirement benefits, in its fourth-quarter results.

$Dow Inc(DOW.US)$ stock fell 0.7% after the chemicals maker reported an over 10% drop in fourth-quarter sales as destocking trends persisted amid lower demand for its products across key markets.