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via finance.yahoo.comMarkets

Earnings: Whirlpool falls on weak sales as S&P 500 profits grow strongly

FROM THE WIRE · FINANCE.YAHOO.COM

Third quarter earnings season is in full swing this week, with corporate results on deck from Big Tech heavy-hitters Microsoft (MSFT), Alphabet (GOOG, GOOGL), and Amazon (AMZN). Aside from Big Tech, industries from oil to chips to pharmaceuticals will be represented, as Exxon…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA strong earnings season supports the market, while Whirlpool's drop weighs on its stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01According to FactSet, nearly a quarter of S&P 500 companies have reported Q3 earnings, with overall earnings growth of 29.5%.
  2. 02Whirlpool posted another mixed quarter as inflation and lower demand in North America took a toll.
  3. 03Results from Microsoft, Alphabet and Amazon are due this week.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Whirlpool CorporationWHRStock26.45 USDMarket closedtoday -5.91%Negative Microsoft CorporationMSFTStock532.60 USDMarket closedtoday +1.54%Neutral Alphabet Inc.GOOGLStock316.80 USDMarket closedtoday -1.06%Neutral Amazon.com, Inc.AMZNStock249.09 USDMarket closedtoday +0.44%Neutral S&P 500INDEX:SP500Index7,677.33Market closedtoday +0.70%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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