IQVIA Holdings IncIQVIA reported strong Q2 earnings and raised guidance, jumping 13.94%.
S&P 500 futures edged lower in early Tuesday trading while Dow futures ticked up, as the US 10-year Treasury yield hovered near 4.64% ahead of this week's Federal Reserve decision. Markets are pricing in roughly a one-in-three chance of a rate hike now and about a 56% chance by September. US durable goods orders for June rose 0.3% and a core business investment gauge gained 0.9%, signaling continued corporate spending. Among individual movers, IQVIA Holdings jumped 13.94% after its second-quarter earnings and raised guidance, Incyte gained 9.30% on higher full-year sales guidance, and Sherwin-Williams climbed 8.25% following its quarterly results and buyback progress. On the downside, Sandisk fell 14.25%, Corning declined 12.10% after Citi lowered its price target, and Bloom Energy dropped 11.34%.
IQVIA Holdings IncIQVIA reported strong Q2 earnings and raised guidance, jumping 13.94%.
Incyte CorporationIncyte raised full-year sales guidance, leading to a 9.30% gain.
Corning IncorporatedCiti lowered its price target on Corning, causing a 12.10% decline.
Meta Platforms Inc.
Apple Inc.
Microsoft Corporation
Bloom Energy Corp
Exxon Mobil Corp
Sandisk CorpCiti lowered its price target on Sandisk, driving the stock down 14.25%
Sherwin-Williams CoSherwin-Williams posted quarterly results and buyback progress, climbing 8.25%.
Chevron Corp