Reported about 10 hours ago
The third quarter earnings season shows mixed results with Moderna reporting a smaller loss than expected due to cost-cutting, resulting in a 7% stock rise. Snap's stock soared 22% following a revenue beat and a new partnership, while Duolingo's stock plunged due to a disappointing bookings forecast despite a revenue beat. Overall, 64% of S&P 500 companies have reported positive earnings, signaling a strong quarter.
Source: YAHOO