Earnings live: Berkshire Hathaway profits rise, Beyond Meat postpones earnings, with Palantir results on deck
View original at finance.yahoo.comEarnings live: Berkshire Hathaway profits rise, Beyond Meat postpones earnings, with Palantir results on deck The third quarter earnings season is in full swing, with several AI players reporting results this week, including Palantir (PLTR), AMD (AMD), and Supermicro (SMCI)…
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Analysts expected S&P 500 companies to report a 7.9% jump in earnings per share during the third quarter coming into the quarter
80% confidenceThe announcement we made a few days ago was not really financially driven, and it's not even really AI driven — not right now, at least. It's culture
80% confidenceThe iPhone 17 is facing supply constraints due to high demand
80% confidenceOur third quarter results exceeded expectations, underscoring the strength of our strategy and the resilience of our business model
80% confidenceAs a result of these factors, we expect margin pressure within our Pharmacy Benefit Services segment over the next two years
80% confidencePartners operating in government programs like Medicaid and Medicare are facing significant financial and affordability pressures
80% confidenceWe're seeing continued signs of stabilization across our core markets, as well as positive growth in AI
80% confidenceAI-related revenue approximately doubled year over year in Q3
80% confidenceYou're going to see us continue to be very aggressive in investing in capacity because we see the demand
80% confidenceAWS is growing at a pace we haven't seen since 2022, re-accelerating to 20.2% YoY
80% confidenceThe cooling in the labor market has been gradual
80% confidenceWe are committed to operating like the world's largest startup, and that means removing layers
80% confidenceIf 10.7% EPS growth holds, it would mark the fourth straight quarter of double-digit earnings growth but a deceleration from the 12% earnings growth reported in Q2 of this year
80% confidenceWe are incredibly excited about the strength we're seeing across our products and services, and we expect the December quarter's revenue to be the best ever for the company and the best ever for iPhone
80% confidenceAs of Oct. 31, 64% of S&P 500 companies have reported results, and analysts are expecting a 10.7% jump in earnings per share during the third quarter
80% confidenceWe continue to see strong momentum and growth across Amazon as AI drives meaningful improvements in every corner of our business
80% confidence
