The latest financial results of major U.S. stock companies reveal a series of important data, with Netflix and TSMC becoming the focus.Both companies exceeded Wall Street expectations and demonstrated their growing influence in their respective industries.

At the same time, other important companies such as Elevance Health, Nokia and aluminum company Alcoa also reported quarterly results with mixed performances.Here are the specific performances of Netflix and TSMC, as well as the earnings highlights of other major companies.

Netflix added 5.1 million users, exceeding revenue and profits expectations

Netflix exceeded Wall Street's expectations in the third quarter, adding 5.1 million new users, bringing the total number of users to 282.72 million, exceeding expectations of 281.5 million.Company revenue was $9.83 billion, slightly exceeding expectations of $9.77 billion, and earnings per share (EPS) were $5.40, well above expectations of $5.12.

Notably, Netflix's free cash flow surged to $2.19 billion, prompting the company to raise its full-year guidance range to $6 billion to $6.5 billion.Netflix's ad-support tier, which accounts for 50% of new registered users, shows growth, but the company warns that it will take time for advertising revenue to significantly affect earnings.

After the earnings report, Netflix's share price rose 4% in after-hours trading and has risen 45% year-to-date.

TSMC's profits surged nearly 54% driven by AI demand

Taiwan Semiconductor Manufacturing Corporation (TSMC) also reported strong third-quarter results, with net profit surging 54% year-on-year to NT$325.3 billion (US$10.1 billion), exceeding expectations.Revenue increased 36% year-on-year to US$23.5 billion, mainly due to high demand for its advanced 3-nanometer and 5-nanometer chip technologies, which are widely used in artificial intelligence and smartphones.

Earnings highlights from other major companies

• Elevance Health: Shares fell 10% after third-quarter profit fell short of expectations due to Medicaid challenges.
• Nokia: Sales fell 8% and share price fell 5% despite a 22% increase in profit.
• CSX: Reported earnings per share of $0.46 and revenue of $3.62 billion, both short of expectations, and shares fell 4%.
• Alcoa: Shares in the aluminum producer rose 7 percent to adjust earnings per share of $0.57, although revenue fell slightly short of expectations.
• Kinder Morgan: Shares fell 2.1% to adjusted earnings per share of $0.25 on revenue of $3.7 billion as earnings and revenue fell short.

Summary

The outstanding performance of Netflix and TSMC highlights their continued leadership in streaming media and semiconductors.Netflix's subscriber growth and TSMC's surge in profits due to AI demand clearly indicate the upward trend of their share price.However, not all companies are equally successful, with both Elevance Health and Nokia's shares falling significantly after reporting unsatisfactory earnings reports.

As the fourth quarter approaches, investors will be closely watching how these companies adjust their strategies in challenging markets.

TSMC's gross profit margin increased to 57.8%, and the company expects to continue to perform strongly in the fourth quarter, with revenue forecasts ranging from US$26.1 billion to US$26.9 billion.TSMC's share price rose 9.79% after the earnings report, further demonstrating the strong demand for AI-related technologies.