Market-Moving News for August 4th
PLTR: 17% | Palantir Technologies shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY26 sales guidance above estimates. Also, the company issued Q3 sales guidance above estimates. STRL: -5% | Sterling Infrastructure shares are trading lower after the company reported its second-quarter financial results. The decline may reflect weaker revenue in its Transportation Solutions and Building Solutions segments, as management warned that market conditions are expected to remain challenging through 2026. SNAP: 13% | Snap shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 sales guidance with its midpoint above estimates. Also, the company reported a year-over-year increase in daily and monthly active users.
PLTR: 17% | Palantir Technologies shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY26 sales guidance above estimates.
Also, the company issued Q3 sales guidance above estimates.
STRL: -5% | Sterling Infrastructure shares are trading lower after the company reported its second-quarter financial results.
The decline may reflect weaker revenue in its Transportation Solutions and Building Solutions segments, as management warned that market conditions are expected to remain challenging through 2026.
SNAP: 13% | Snap shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 sales guidance with its midpoint above estimates.
Also, the company reported a year-over-year increase in daily and monthly active users.