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Caterpillar raised its annual revenue growth forecast after beating second-quarter profit estimates, driven by strong demand for power-generation and construction equipment from AI data center buildouts.
SpaceX’s massive artificial intelligence spending exceeded analyst expectations, drawing investor concern despite management pledges of rapid profitability through cloud computing partnerships.
CVS Health surpassed second-quarter earnings and revenue expectations while raising 2026 guidance, as its Aetna insurance unit showed improvement, though shares declined due to anticipated Caremark membership declines.
Uber’s stock declined 5.3% following the release of second-quarter earnings that showed revenue growth but disappointed investors with weaker-than-expected forward guidance on bookings and earnings per share.
Bank of America’s CEO called the near-collapse of AI hedge fund Situational Awareness a warning shot about elevated valuations and excessive leverage in financial markets.
Flutter’s stock fell 13% after the company cut its full-year U.S. profit guidance by 22% and announced CEO Peter Jackson’s departure, with international business leader Dan Taylor taking over October 1.
