Q3 Earnings: Strong Growth, Mixed Market Reactions

Third quarter earnings season delivers strong results; S&P five hundred companies report a thirteen point four percent jump in earnings per share, marking the fourth straight quarter of double-digit growth. Credo and MongoDB stocks surge after strong profits and beating revenue expectations. However, market reactions to earnings are mixed, with investors punishing misses more severely. Upcoming reports from major retailers will provide insights into consumer spending as the holiday season starts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.