Earnings reports are critical events for investors as they provide insight into a company's financial health. Newmont's better-than-expected earnings for Q1 2024 indicate strong operational performance and financial health, which typically leads to increased investor confidence and a positive impact on the stock price. Given the significance of earnings in assessing a company's value, this news is highly relevant and important for investors in NEM, and the positive results are likely to lead to a short-term increase in stock price.