Wayfair Surges, Palantir Jumps, Spotify Dips as MAU, Operating Income Forecast Miss

On this episode of Stock Movers:- Wayfair (W) shares jumped after the furniture retailer gave third-quarter guidance during its earnings call. The company said it expects high single-digit revenue growth in the current quarter, and sees adjusted Ebitda margin of 6% to 7%.- McDonald's (MCD) is rising after the fast-food chain reported comparable sales for the second quarter that are slightly below the sell-side consensus estimate, while adjusted EPS was ahead. It also named Skye Anderson as president of its US business, replacing Joe Erlinger. Anderson has worked at McDonald’s for nearly 30 years, and was most recently chief operating officer for the US.- Caterpillar (CAT) shares are surging after the company’s second-quarter earnings blew past Wall Street’s second-quarter expectations, easing concerns over the growth of power-generation equipment sales to data centers.- Palantir (PLTR) shares jumped after the company boosted full-year revenue and income forecasts and described commercial demand for its data analytics tools as “otherworldly.” Palantir now expects $4.89 billion to $4.91 billion in adjusted income from operations this year and as much as $8.16 billion in sales, with US commercial sales in the second quarter rising 149% from a year earlier to $764 million.See omnystudio.com/listener for privacy information.