Quarterly earnings reports are a crucial aspect of understanding a company’s financial health. They share updates on the big three financial reports: the income statement, balance sheet, and cash flow statement. This gives us a peek into the company’s sales, expenses, and net income for the latest quarter.

Let’s delve into some recent quarterly earnings reports.

Caterpillar Inc.

Caterpillar Inc. (NYSE: CAT) is expected to release financial results for its third quarter². The company has been predicted to report higher Q3 earnings².

Icahn Enterprises L.P.

Icahn Enterprises L.P.'s stock closed at its lowest level since June 8, 2004³. This happened ahead of the release of their third-quarter earnings³.

Advanced Micro Devices (AMD)

AMD, one of the few chipmakers capable of making high-end graphics processing units (GPUs) needed to train and deploy generative AI models, has given soft fourth-quarter guidance⁴. However, they expect to sell $2 billion of AI chips next year⁴.

Conclusion

These are just a few examples of recent quarterly earnings. It’s important to note that these reports can significantly impact a company’s stock price. If a company releases better results than analysts predict, its share price will generally rise after the announcement⁵.

Intel is looking to develop a new chip for their notebooks. The chip will combine the Intel CPU with the AMD graphics processor. The result is a chip that is small in size and lightweight yet is capable of delivering top of the line graphics for the most demanding of video games.

What seems like an obvious collaboration has not occurred since the 1980's. In fact, the two companies have been bitter competitors for years. They have battled fiercely for control of the market for PC processors. This advantage has admittedly gone to Intel for the majority of that time.

However, Intel is watching that advantage being challenged by NVidia. They have continued to be the producer of the leading graphic cards while developing the AI end of their business. This development of the AI end of things has had no effect on the core product of graphics cards.