Core Insights - The third quarter earnings season is currently active, with several AI companies reporting results, including Palantir, AMD, and Supermicro [1] - As of October 31, 64% of S&P 500 companies have reported earnings, with an expected 10.7% increase in earnings per share for Q3, marking the fourth consecutive quarter of double-digit growth, although a slowdown from the 12% growth in Q2 [2][3] Earnings Expectations - Analysts had slightly lower expectations prior to the quarter, forecasting a 7.9% increase in earnings per share for S&P 500 companies [3] - The earnings reports from AI beneficiaries such as Palantir, AMD, and Supermicro are anticipated this week, along with updates from other notable companies [4] Notable Companies Reporting - Other significant companies expected 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]
Earnings live: Berkshire Hathaway profits rise, Beyond Meat postpones earnings, with Palantir results on deck