Earnings live: Amazon stock soars, Apple pares gains with earnings from AI players to come

Group 1 - The third quarter earnings season has been busy, featuring results from five major tech companies: Microsoft, Alphabet, Meta, Apple, and Amazon [1] - As of October 31, 64% of S&P 500 companies have reported earnings, with analysts projecting a 10.7% increase in earnings per share for Q3, marking the fourth consecutive quarter of double-digit growth, although a slowdown from 12% growth in Q2 [2][3] - Analysts had initially expected a lower earnings growth of 7.9% for S&P 500 companies in Q3 [3] Group 2 - A diverse range of corporations reported earnings last week, including Boeing, Chipotle, Starbucks, Verizon, Exxon Mobil, Chevron, Coinbase, Caterpillar, ServiceNow, and Eli Lilly [4] - Upcoming earnings reports will come from AI-related companies such as Palantir, AMD, Supermicro, Constellation Energy, Qualcomm, and Arm Holdings, which will provide insights into AI demand and spending [1][4] - Other notable companies set to report include Shopify, Uber, Pfizer, Spotify, Marriott International, Toyota, Novo Nordisk, McDonald's, AppLovin, Robinhood, DoorDash, Snap, AstraZeneca, ConocoPhillips, Airbnb, Warner Bros. Discovery, Block, Duke Energy, and Wendy's [5]