Earnings Season: Positive Growth & AI Enthusiasm
Update: 2025-11-12
Description
Earnings Season Kicks Off with Positive Results; Disney, Alibaba in SpotlightThe third-quarter corporate earnings season is off to a strong start, with ninety-one percent of S&P five hundred companies reporting. Analysts predict a thirteen point one percent increase in earnings per share, marking the fourth consecutive quarter of double-digit growth. Tech and AI companies like Palantir and Supermicro, along with consumer-facing businesses like Uber and Airbnb, have already shared their results. This week, Disney, Applied Materials, and Alibaba are set to release their quarterly figures. Occidental Petroleums stock dipped despite beating earnings estimates, while Instacart saw its stock surge due to increased online grocery orders. Foxconn, a key supplier for Nvidia, is optimistic about AI demand, hinting at an upcoming announcement with OpenAI.
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