Ford Motor's shares rose 6% after reporting second-quarter adjusted earnings that surpassed expectations and raising its earnings outlook for 2026, despite automotive revenue slightly missing analyst forecasts. In contrast, CoStar's stock fell 12% as its second-quarter revenue did not meet expectations, and it projected lower revenue for the current quarter than analysts anticipated.
Rocky Brands experienced a 16% surge after reporting earnings per share that more than tripled year-over-year, benefiting from strong brand growth and tariff refunds. Mondelez's shares increased by 1% after it reported a profit of 73 cents per share on revenue of $9.36 billion, both figures exceeding analyst estimates.
Varonis Systems saw an 8% drop in shares due to disappointing third-quarter guidance, while PPG Industries' stock fell 4% after missing earnings and EBITDA estimates, although it maintained its full-year guidance. KLA Corp's shares slid 9% following disappointing guidance, while Seagate Technology's stock rose 8% after issuing an optimistic outlook that significantly beat expectations.
Manhattan Associates' shares climbed 7% after exceeding earnings and revenue estimates and raising its full-year forecasts. Visa's stock declined nearly 2% after its 2026 fiscal year guidance fell short of expectations, coinciding with an announcement of job cuts.
Teradyne's shares surged 14% after reporting strong second-quarter results and optimistic forecasts, while NXP Semiconductors and Skyworks Solutions faced declines due to mixed earnings results and guidance that narrowly missed expectations