Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The heavy-equipment maker posted $20.5 billion in quarterly sales for the first time in its history, with the company pointing to demand for construction and power machinery tied to data-center buildouts.
THE APEX TIMES
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Palantir Technologies stock rose sharply early Tuesday following the company’s second-quarter earnings results, with market commentary describing the report as unusually strong.
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The audio streaming company said it has passed a major user milestone, yet its latest results did not satisfy the market.
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Pfizer reported results that beat analyst forecasts for the second quarter, but its COVID-19 vaccine partner BioNTech posted results that missed expectations amid weaker demand for updated shots, underscoring how uneven vaccination demand continues to shape earnings momentum across the sector.
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The data analytics company said quarterly revenue rose 93% to $1.94 billion and raised its full-year forecast to a minimum of $8.15 billion, citing an improving run-rate.
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The heavy-equipment maker reported earnings per share of $8.17 on sales of $20.5 billion, beating analyst expectations for $6.22 per share on $19.3 billion in revenue.
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A Yahoo Finance report on McDonald’s second-quarter 2026 performance points to slower U.S. same-store sales and declining domestic traffic, alongside an internal leadership change in the company’s United States operations.
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Shares of Palantir surged in early trading, positioning the data-software company as a standout in a broader rebound for technology stocks, while a handful of other semis and communications-linked firms also drew attention.
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Caterpillar Inc. said it posted second-quarter results ahead of analyst expectations, with a reported revenue beat lifting its stock in early trading. The company’s full release and detailed guidance points were not contained in the market update reviewed for this report.
