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flag IBM reports a 17% drop in quarterly earnings; Amgen, TJX, and Alibaba also update financials.

flag Several companies reported financial updates this week: Amgen's shares fell 0.38% to $156.44 after partnering with Roche for a cancer study, while TJX Companies saw its shares drop 0.31% to $64.89 despite reporting a 6% increase in net sales for the first quarter and an 8% rise in earnings per share. flag IBM reported a 17% drop in quarterly earnings. flag Additionally, Alibaba released its December quarter financial results.

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