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IBM reported third-quarter earnings that topped analyst expectations, with revenue growth of approximately 5% and net income rising to $2.19 billion, or $2.30 per share.
ASML reported third-quarter profit beating expectations and said customers are placing orders for semiconductor tools through 2030, signaling strong long-term AI-driven demand.
TSMC reported record third-quarter profit for the sixth consecutive quarter, driven by surging demand for AI chips, with revenue guidance pointing to continued growth into the fourth quarter.
United Airlines reduced its full-year profit forecast to $7.22 per share maximum due to rising fuel costs, though the carrier reported strong third-quarter earnings and continued passenger bookings despite higher fares.
Micron reported quarterly earnings and guidance that exceeded analyst expectations, driven by surging demand for memory chips used in AI infrastructure and data centers.
General Motors beat third-quarter earnings expectations and narrowed full-year guidance while announcing a $20 billion stock buyback, though shares fell nearly 7% as the outlook missed Wall Street targets.
