Midday Need to Know: Exxon beats earnings estimates, Silver falls below $50 & more
Bullish strength: 50/100
- ExxonMobil beat Q3 earnings estimates and raised its quarterly dividend by 3.9%.
- ExxonMobil reported net profit more than doubling year over year to $15.4 billion.
- AbbVie exceeded earnings expectations and increased its full-year EPS guidance.
Bearish strength: 50/100
- Silver futures fell 4.31% and broke below $50 per ounce.
- Industrial-demand concerns and the prospect of tighter U.S. monetary policy pressured silver.
- U.S. stocks continued declining amid discouraging earnings reports from Amazon and Intel.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.