Wall Street closed Tuesday’s session with mixed results, as corporate earnings and falling oil prices helped offset investor concerns over the artificial intelligence sector. The Dow Jones and S&P 500 advanced, while the Nasdaq posted a marginal decline.

The Dow Jones Industrial Average rose 1.02% to 52,497.42 points, and the S&P 500 gained 0.29% to 7,712.76 points. The technology-heavy Nasdaq edged down 0.02% to 26,424.82 points.

Among the session’s most notable movers, General Motors fell 6.83% despite reporting quarterly revenues of approximately US$50 billion, above market expectations. Investors reacted negatively to the automaker’s full-year guidance.

Moving in the opposite direction, 3M gained 5.78% after posting results that beat analyst estimates, with adjusted revenues of US$6.6 billion.

The session was also marked by news of an agreement for Salesforce to acquire marketing platform Braze for approximately US$5.66 billion. Shares in Braze surged 51.7%, while Salesforce edged down 0.01%.

The semiconductor sector was broadly lower, with Micron falling 0.98%, AMD declining 0.62%, Intel shedding 0.37%, and Nvidia losing 0.29%. Seagate bucked the trend, advancing 2.17%, while CoreWeave gained 1.65%.

Investors also tracked earnings from major technology companies. Netflix fell 1.66% and SpaceX retreated 0.11% ahead of their respective quarterly results. Meta declined 1.59%, while Tesla rose 1.54% on the eve of its own earnings release.

After the closing bell, SpaceX reported revenues and profits above analyst expectations, driven primarily by its artificial intelligence and connectivity operations.