Reported about 17 hours ago
Tesla's stock fell after reporting adjusted earnings of $0.50, missing estimates, while IBMs stock dropped nearly 5% despite beating quarterly revenue expectations. This week marks an active earnings season with several major companies, including Netflix and General Motors, releasing their results. Overall, analysts expect an 8.5% increase in S&P 500 earnings for the third quarter, indicating a slowdown in growth compared to previous quarters.
Source: YAHOO