S&P 500 Earnings Surge, Tech Giants Slow Down
Update: 2025-11-24
Description
Q3 Earnings Season: Broad Market Strength, Tech ShiftsThe S&P five hundred companies are reporting strong earnings, with a projected 13.4% jump in earnings per share, the fourth consecutive quarter of double-digit growth. Revenue growth is also robust, with a three-year high of 8.4%. Health Care, Financials, and Consumer Discretionary sectors are leading this trend. However, the Magnificent Seven tech giants earnings growth has slowed, with a combined 18.4% growth, the lowest since Q1 2023. This slowdown is mainly due to a negative earnings surprise from Meta Platforms. Retailers like Abercrombie and Fitch and Dicks Sporting Goods, along with companies like Zoom, Dell, and Deere, will provide further insights into the economic landscape.
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