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.
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Bloomberg1d agobullishVIDEO
Wayfair Rises, Caterpillar Surges on Earnings | Stock MoversInvesting.com1d agobullish
Wayfair falls despite beat on Q2 revenue and earningsInvesting.com -- Wayfair shares slipped about 3% in premarket trading Tuesday despite the online furniture retailer posting second-quarter results ahead of expectations on both revenue and earnings.
Zacks26d agobullish
3 Strong Buy Stocks for this Red-Hot Earnings SeasonS&P 500 earnings are expected to soar in Q2. Will these companies see it too?