Earnings Highlights: Cleveland-Cliffs and Zions Bancorp Rise as Major Companies Report

Reported about 17 hours ago

The earnings season is gaining momentum as major companies like Tesla, Netflix, General Motors, and many others reveal their quarterly results. Cleveland-Cliffs stock surged following positive earnings, while Zions Bancorp shares increased after reassuring investors about limited charge-offs. Market analysts anticipate an earnings growth of 8.5% for the S&P 500 in Q3, indicating a slowdown from previous quarters. The week's earnings reports will cover various sectors, providing insights into consumer spending and credit quality across the economy.

Source: YAHOO

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