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The Dow and S&P 500 hit new highs while the Nasdaq powered higher again. SpaceX, AMD and Arista led earnings movers late.

US equities rallied intraday, fueled by upbeat earnings reports and hopes that the Strait of Hormuz

All three major US stock indexes were up in late-morning trading Tuesday, as investors grew more opt

On this episode of Stock Movers: - Wayfair (W) shares jumped after the furniture retailer gave third-quarter guidance during its earnings call. The company said it expects high single-digit revenue growth in the current quarter. - McDonald's (MCD) is rising after the fast-food chain reported comparable sales for the second quarter that are slightly below the sell-side consensus estimate, while adjusted EPS was ahead. - Caterpillar (CAT) shares are surging after the company's second-quarter earnings blew past Wall Street's second-quarter expectations, easing concerns over the growth of power-generation equipment sales to data centers. - Palantir (PLTR) shares jumped after the company boosted full-year revenue and income forecasts and described commercial demand for its data analytics tools as "otherworldly." Palantir now expects $4.89 billion to $4.91 billion in adjusted income from operations this year.

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock

Caterpillar Inc. (NYSE:CAT) shares rose more than 5% in pre-market trading after the industrial equipment manufacturer reported second-quarter 2026 results that comfortably exceeded Wall Street expectations, driven by higher equipment demand across its core businesses.

Caterpillar bulldozed Q2 earnings forecasts as the heavy equipment giant reported a $72 billion backlog, up 92% from a year ago. Long a global economic bellwether, Caterpillar has become a bellwether for the AI infrastructure boom amid soaring demand for its gas turbines to power data centers. The construction segment was Caterpillar's biggest growth driver in Q2, but growth was strong across the board.

Investing.com -- Caterpillar Inc. (NYSE: CAT) reported second-quarter results before the open on Tuesday, exceeding analyst expectations and sending its stock higher in premarket trading.

For Cat’s second quarter, Wall Street projects earnings per share of $6.22, up from $4.72 a year ago.

Earnings continue to be the market's engine, and a series of results this week from Palantir, SpaceX, and AMD are set to rev up stocks again.

Chip stocks are having a moment, and AMD is leading the charge. Oil prices are tanking, too. Here's what you need to know.