Q3 Earnings: Strong Growth, Mixed Market Reaction

Q3 earnings season delivers robust growth, with 95% of S&P 500 companies reporting a 13.4% jump in earnings per share, marking the fourth consecutive quarter of double-digit growth. Retailers like Macys and Five Below see strong sales, reflecting a shift towards value-oriented purchases. Snowflakes partnership with Anthropic boosts AI accessibility, but its stock falls due to disappointing guidance. Market reaction is cautious, with modest stock price increases for beaters and significant drops for missers.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.