U.S. stock market news | Q3 financial report exceeds expectations, Gridsum (GFS.US) rises over 5% in early trading.

According to the Securities Times APP, on Wednesday, Gaxin (GFS.US) rose more than 5% in early trading to $36.47. On the news front, although there is uneven demand for traditional processors, Gaxin's third-quarter performance exceeded Wall Street's expectations. The financial report shows that the company's third-quarter revenue reached $1.69 billion, a year-on-year decrease of 2.9%, exceeding expectations by $10 million; non-GAAP earnings per share were $0.41, exceeding expectations by $0.03.