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Caterpillar Q2 Earnings Call Highlights
MarketBeat55d agoneutral
Caterpillar Q2 Earnings Call Highlights

Caterpillar (NYSE:CAT) reported record second-quarter sales and revenues of $20.5 billion, up 24% from a year earlier, as demand increased across its Construction Industries, Resource Industries and Power & Energy segments. The company said it was the first quarter in its history with more than

Arista Networks Stock Surges as Earnings Prove AI Demand Is Real
Barrons.com55d agobullish
Arista Networks Stock Surges as Earnings Prove AI Demand Is Real

Arista Networks stock soared Tuesday after the network infrastructure company reported better-than-expected second-quarter earnings. The results provided further evidence that demand for artificial-intelligence services is accelerating, with hardware suppliers like Arista among the main beneficiaries. Arista reported adjusted earnings of $1.02 a share for the second quarter, up from 73 cents last year and above analysts’ call for 89 cents, per FactSet.

Pinterest Earnings And Revenue Beat But Stock Slides Late
Investor's Business Daily55d agobullish
Pinterest Earnings And Revenue Beat But Stock Slides Late

Pinterest stock fell late Tuesday, despite reporting second-quarter results that topped expectations. Pinterest's in-line third-quarter guidance may have been a disappointment after rival digital ad platforms Reddit and Snap offered stronger forecasts. The San Francisco-based Pinterest earned an adjusted 43 cents per share for the June-ended quarter, up 30% from a year earlier and ahead of the 36 cents per share that analysts polled by FactSet were forecasting.

'This was not an exceptional result': Strategist talks AMD earnings & 'shocking' capex
Yahoo Finance Video55d agoneutralVIDEO
'This was not an exceptional result': Strategist talks AMD earnings & 'shocking' capex

AMD (AMD) reported second quarter results on Tuesday after the closing bell. Adjusted earnings per share (EPS) came in at $1.66 (compared to analyst estimates of $1.62), and revenue came in at $11.54 billion (compared to analyst estimates of $11.31 billion).Futurum chief market strategist Shay Boloor shares his thoughts with Yahoo Finance's Josh Lipton.

Bloomberg55d agoneutral
Lucid Plans Business ‘Reset’ to Save $1.4 Billion in Cash

(Bloomberg) -- Lucid Group Inc. is targeting $1.4 billion in cash savings this year as part of a “comprehensive operational reset,” an effort by new Chief Executive Officer Silvio Napoli to shore up the money-losing maker of electric vehicles.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasite Weeks Before RecallIran Weighs Allowing Europe to Clear Mines in Strait o