S&P 500 Companies Deliver Strong Earnings Reports

Major players in various sectors have reported their quarterly earnings, with all eight S&P 500 companies beating estimates. Carnival CCL saw its shares jump after its Q3 results exceeded expectations, driven by strong bookings and continued demand.

Micron Technology MU also delivered a stellar performance, with EPS of $33.42 topping estimates by $1.60. The company's AI-driven memory demand helped drive the results, while its outlook came in well above expectations.

Other notable performers include FactSet Research Systems FDS and Jabil JBL, which both exceeded Q4 profit expectations. However, Nike NKE reported a decline in revenue, missing estimates by $106.06M.