Reported about 7 hours ago
The latest earnings reports are in, revealing mixed results from major companies during the third quarter. Pinterest's stock fell 16% following a disappointing revenue forecast for Q4, while Rivian saw its shares rise after reporting a smaller-than-expected loss. Other companies like AMD and Supermicro faced challenges, with AMD beating estimates but Supermicro's earnings disappointing. Overall, 64% of S&P 500 companies reporting so far have shown anticipated gains of 10.7% in earnings per share, despite broader economic pressures impacting consumer behavior.
Source: YAHOO