Palantir, Snap, and ON Semiconductor lead Tuesday's biggest stock movers

Earnings
โดย Seeking Alpha·Read original
Summary · why it matters

Palantir Technologies, Snap, and ON Semiconductor were among the biggest stock gainers on Tuesday, while Powell Industries led the losers. Palantir shares surged 15% after crushing second-quarter results and raising its full-year outlook, with revenue jumping 93% year-over-year to $1.94 billion and its fiscal 2026 revenue forecast lifted to $8.15 billion to $8.16 billion. Snap gained 9% on better-than-expected second-quarter earnings, 19% revenue growth to $1.6 billion, and daily active users reaching 493 million. ON Semiconductor climbed 7% after issuing stronger-than-expected third-quarter guidance, forecasting revenue of $1.65 billion to $1.75 billion and adjusted earnings per share of $0.81 to $0.93. Powell Industries fell 14% despite a 158% surge in new orders to $934 million, as its quarterly revenue of $312 million and earnings per share of $1.42 missed estimates.

Impact on stocks 4

Defense & Geopolitical Fragmentation▲ · 1 stocks
Energy Transition & Power Demand▼ · 1 stocks
Spatial Computing / AR/VR▲ · 1 stocks
Snap Inc
SNAP
▲ PositiveCapitalrelevance

Beat Q2 earnings with 19% revenue growth and DAU reaching 493 million.

Semiconductors▲ · 1 stocks
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