Q2 Earnings

Embraer SA reported second-quarter earnings of $212.6 million, posting a profit of $1.19 per share. The company also posted revenue of $2.24 billion for the period. These financial results topped both Wall Street expectations and general street forecasts.

First Advantage Corp. reported second-quarter profit of $16.9 million, with per-share earnings reaching 10 cents, surpassing Wall Street expectations. The company also posted revenue of $448.8 million for the period, exceeding the forecast from Zacks Investment Research. First Advantage projects full-year earnings in the range of $1.23 to $1.29 per share.

Palantir's second-quarter earnings exceeded expectations, with U.S. commercial revenue increasing nearly 150%. The AI software company also raised its revenue guidance.

Portland General Electric Co. reported second-quarter net income of $68 million, or 59 cents per share, with adjusted earnings of 64 cents per share that met Wall Street expectations.

Ferrari increased its 2026 guidance following a second-quarter earnings beat driven by strong product demand. The company exceeded Wall Street's Q2 expectations, leading to the revised forecast.

Teva Pharmaceuticals CEO Richard Francis discussed the company's positive Q2 earnings, the impact of changing Medicare rules on patients, and the new direct listing on the NYSE with Bloomberg reporter Romaine Bostick.

Coinbase and Robinhood are competing ahead of their Q2 earnings reports, with Robinhood positioned as the industry’s potential 'first hyperscaler' due to momentum in sectors like prediction markets and tokenized finance. Coinbase faces challenges from its underperforming blockchain strategy and declining non-trading revenue, while Robinhood’s higher market cap suggests investor confidence in its growth potential.

Hormel Foods' shares increased following the company's strong Q2 earnings performance. The positive financial results led to an increase in stock value.