The latest earnings reports from tech and AI companies, including Palantir, AMD, Supermicro, and others, have been positive, with 91% of S&P 500 companies reporting results. Analysts expect a 13.1% jump in earnings per share for the third quarter, marking the fourth straight quarter of double-digit growth. Expectations were lower coming into the quarter, with analysts predicting a 7.9% increase in earnings per share.

Constellation Energy stock fell 6% after reporting earnings that missed expectations. GAAP earnings per share of $2.97 fell short of analyst estimates, although revenue exceeded expectations at $6.57 billion. The company also narrowed its full-year operating earnings guidance range.

Wendy’s revenue dipped in the third quarter, but the stock rose 9% in premarket trading as the declines were not as severe as anticipated. Revenue of $549 million beat estimates, while global same-restaurant sales dropped by 3.7%. Earnings per share of $0.24 topped expectations.

Block shares fell 15% after earnings missed estimates, sparking concern over the profitability of Square, its payment unit. The company reported earnings per share of $0.54 on revenue of $6.11 billion, below analyst estimates. However, gross profit for Square and Cash App showed growth.

Opendoor CEO outlined a turnaround plan as the company reported a wider loss per share than expected. Revenue beat estimates, but the stock fell 4% in after-hours trading. The company expects an adjusted EBITDA loss for Q4 and aims for break-even adjusted net income by 2026.

Airbnb stock rose 5% in after-hours trading as international bookings supported revenue growth. Bookings grew in various regions, with 133.6 million nights and seats booked during the quarter. Expectations for Q3 were met with consistent booking behavior and increased lead times.

Read more at Yahoo Finance: Earnings remain solid with peak reporting weeks in the rearview mirror, Disney results ahead