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DuPont narrows annual sales forecast on water business weakness, shares fall

DuPont narrows annual sales forecast on water business weakness, shares fall

By Pooja Menon Aug 4 (Reuters) - DuPont narrowed its annual sales forecast on Tuesday, hurt by weakness in its Middle East water business and a lower foreign-exchange benefit, sending shares down nearly 5% premarket despite a quarterly profit beat and higher full-year earnings forecast.
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DuPont raises annual profit forecasts after quarterly beat on price hikes, cost cuts

DuPont raises annual profit forecasts after quarterly beat on price hikes, cost cuts

Aug 4 (Reuters) - Industrial materials maker DuPont raised its annual profit forecasts on Tuesday after beating second-quarter estimates, driven by price hikes and the impact of its capital deployment measures.
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Caterpillar lifts 2026 sales growth target after quarterly profit beat

Caterpillar lifts 2026 sales growth target after quarterly profit beat

Aug 4 (Reuters) - Caterpillar raised its annual revenue growth forecast after beating second-quarter profit estimates on Tuesday, benefiting from a buildout of AI data centers that has spurred demand for its power-generation and construction equipment.
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Caterpillar raises 2026 revenue growth target after quarterly profit beat

Caterpillar raises 2026 revenue growth target after quarterly profit beat

Aug 4 (Reuters) - Caterpillar raised its revenue growth forecast after beating second-quarter profit estimates on Tuesday, benefiting from a buildout of AI data centers that has spurred demand for its power-generation and construction equipment.
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Snap beats revenue estimates on ad boost from World Cup

Snap beats revenue estimates on ad boost from World Cup

Aug 3 (Reuters) - Snap beat Wall Street estimate for second-quarter revenue on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America. The social media company's shares jumped 9% in extended trading.
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Palantir raises annual revenue forecast on strong demand from US government, commercial customers

Palantir raises annual revenue forecast on strong demand from US government, commercial customers

Aug 3 (Reuters) - Palantir Technologies on Monday raised its annual revenue forecast again, signaling strong demand for its data analytics software from government and commercial clients. Shares of the company rose 8% in extending trading.
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Spotify forecasts weak profit as user growth slows in North America, Europe

Spotify forecasts weak profit as user growth slows in North America, Europe

Aug 4 (Reuters) - Spotify forecast third-quarter profit below Wall Street estimates on Tuesday, after the streaming giant reported slowing user growth in major markets of Europe and North America, driving shares around 5% lower in premarket trading.
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Caterpillar lifts 2026 sales growth forecast as AI buildout powers on

Caterpillar lifts 2026 sales growth forecast as AI buildout powers on

By Nandan Mandayam Aug 4 (Reuters) - Caterpillar raised its annual revenue growth forecast after beating second-quarter profit estimates on Tuesday, benefiting from a buildout of AI data centers that has spurred demand for its power-generation and construction equipment.
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Caterpillar lifts 2026 sales growth forecast as AI buildout powers on; shares surge 12%

Caterpillar lifts 2026 sales growth forecast as AI buildout powers on; shares surge 12%

By Nandan Mandayam Aug 4 (Reuters) - Caterpillar raised its annual revenue growth forecast after beating second-quarter profit estimates on Tuesday, benefiting from a buildout of AI data centers that has spurred demand for its power-generation and construction equipment.
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Palantir lifts annual revenue forecast on steady demand for AI-powered data analytics

Palantir lifts annual revenue forecast on steady demand for AI-powered data analytics

By Jaspreet Singh and Juby Babu Aug 3 (Reuters) - Palantir Technologies on Monday raised its annual revenue forecast again, signaling strong government and commercial demand for its data analytics software, sending its shares up nearly 12% in extended trading.
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Cummins misses quarterly profit estimates despite strong generator demand

Cummins misses quarterly profit estimates despite strong generator demand

Aug 4(Reuters) - U.S. truck engine maker Cummins reported second-quarter profit below market expectations on Tuesday, despite benefiting from strong demand for generators and improving conditions in the North American truck market, sending its shares down as much as 8% in premarket trading.
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Food distributor Sysco forecasts strong annual sales, profit on resilient demand

Food distributor Sysco forecasts strong annual sales, profit on resilient demand

Aug 4 (Reuters) - Sysco on Tuesday forecast strong annual results after beating quarterly sales and profit estimates, helped by improving orders from local and international customers despite macroeconomic uncertainty and an outbreak of cyclosporiasis in the U.S.