Palantir’s gains helped the Nasdaq Composite advance a little on Tuesday, but the market as a whole was hampered by President Donald Trump’s latest tariff remarks and the poor results of several significant industrial companies.
When Palantir, a defense technology company, announced that its revenue had crossed $1 billion for the first time, its shares surged 6%.
However, shares of Caterpillar fell when the company reported lower-than-expected results.
After earnings for the second quarter fell short of Wall Street’s projections, Hims & Hers Health saw a more than 10% decline.
Source (CNBC)
