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The Marked Chart Wire · Business
Shell Earnings
Shell reported non-GAAP earnings per share of $3.83, surpassing estimates by $0.16. Revenue came in at $92.85 billion, falling short of forecasts by $8.01 billion, while the company provided a Q4 outlook.
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Shell Earnings
Shell reported third-quarter adjusted earnings per share of $3.86, exceeding the $3.65 consensus. Sales came in at $92.848 billion, missing the $99.725 billion forecast.
Shell Earnings
Shell reported that its quarterly profit almost doubled compared to the same period last year, driven by refining margins reaching a record high.
Linde
Linde increased its fiscal year profit forecast following third-quarter results that exceeded market expectations.
Alphabet Earnings
Investors grew concerned that AI is impacting search revenue, despite a doubling of cloud income. The market reaction suggests the results may not be enough to appease Wall Street.
Samsung Earnings
Samsung Electronics reported quarterly earnings nearly equal to the combined profits of Microsoft and Alphabet. The company provided an updated outlook for the memory chip market.
HotAlphabet
Alphabet stock dropped 10 percent in premarket trading after the company reported cash outflows exceeding analyst estimates. The firm kept its annual spending targets unchanged.
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