Earnings live: MongoDB, Credo stocks soar by double digits as AI build-out drives strong results

Core Insights - The Q3 earnings season has been solid, with 95% of S&P 500 companies reporting results and an expected 13.4% increase in earnings per share, marking the fourth consecutive quarter of double-digit earnings growth [2] Group 1: Earnings Performance - Analysts initially expected a 7.9% increase in earnings per share for Q3 as of September 30, indicating a significant upward revision in expectations [3] - The anticipated 13.4% earnings growth for Q3 represents an acceleration from the 12% growth rate reported in Q2 of this year [2] Group 2: Upcoming Reports - Major retailers such as Macy's, Dollar Tree, American Eagle Outfitters, and GameStop are set to report this week, which will provide insights into consumer sentiment as the holiday shopping season approaches [4] - Other companies reporting in early December include Salesforce, CrowdStrike, MongoDB, Marvell, Okta, C3.ai, and Snowflake, which will further contribute to the earnings landscape [4]