U.S. stock market movement | Q3 earnings reports fully exceeded expectations but failed to satisfy the market's "appetite"; Applied Materials (AMAT.US) dropped nearly 6% in early trading.

According to Zhitong Finance APP, on Friday, Applied Materials (AMAT.US) fell nearly 6% in early trading, currently priced at $503.94. In terms of news, Applied Materials reported strong third-quarter results and provided fourth-quarter guidance that exceeds market expectations. However, against the backdrop of a significant increase in stock prices this year and high market expectations for AI capital expenditures, this "better-than-expected" earnings report did not gain market recognition.