AI's Impact on Q3 Earnings: A Market Update

Diving into Q3 earnings: AIs impact & market insights - The third quarter earnings season is off to a positive start, with 64% of S&P 500 companies reporting. Analysts predict a 10.7% jump in earnings per share, marking the fourth consecutive quarter of double-digit growth. AI-focused companies like Palantir, AMD, and Supermicro shared their updates, along with notable players like Uber, Pfizer, Spotify, and Airbnb. Some companies faced challenges, such as Wendys and Sweetgreen, but overall, the earnings season provides valuable insights into consumer behavior, technological advancements, and market health.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.