Wayfair IncGuided for high single-digit revenue growth in Q3.
Wayfair, Caterpillar, and Palantir shares surged following their latest earnings reports and forward guidance. Wayfair jumped after guiding for high single-digit revenue growth in the third quarter. Caterpillar surged as second-quarter earnings blew past Wall Street expectations, easing concerns over power-generation equipment sales to data centers. Palantir shares rose after the company boosted full-year revenue and income forecasts, now expecting $4.89 billion to $4.91 billion in adjusted income from operations, with commercial demand described as otherworldly. McDonald's also rose despite comparable sales slightly below consensus, as adjusted EPS beat estimates.
Wayfair IncGuided for high single-digit revenue growth in Q3.
McDonald’s CorporationAdjusted EPS beat estimates despite comparable sales slightly below consensus.
Caterpillar IncQ2 earnings beat expectations, easing concerns over data center power-generation sales.
Palantir Technologies Inc.Raised full-year revenue and income forecasts, with commercial demand described as otherworldly.