Autodesk Jump; Dell and Caterpillar Drop; Petco Higher | Stock Movers

Описание: On this episode of Stock Movers:
Autodesk (ADSK) is soaring after the software company reported second-quarter results that beat expectations and raised its full-year forecast on key metrics. Citi's research team wrote "this was “one of the strongest revenue/billings beat in years,” and reflects “signs of reaccelerating growth and faster profitability expansion.”
Dell Technologies (DELL) is lower despite beating estimates after the company booked fewer sales of artificial intelligence servers than in the previous three months and reported profit margins that fell short of analysts’ estimates. Dell booked $5.6 billion of AI server orders in the fiscal second quarter, which ended Aug. 1, down from $12.1 billion in the previous period, and the operating margin in Dell’s infrastructure unit was 8.8%, lower than analysts’ estimates of 10.3%.
Caterpillar (CAT) is lower after the industrial giant warned that it faces a larger-than-previously-anticipated tariff headwind. It now expects additional clarifications and tariffs announced since its second-quarter earnings release will have a net impact of about $500m to $600m for the third quarter, and about $1.5b to $1.8b for 2025.
Petco (WOOF) is higher this morning after the US pet food maker gave 3Q guidance that topped expectations and nudged up its outlook for 2026.
See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.


Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Check out more episodes of Stock Movers:    • Stock Movers  

Visit us: https://www.bloomberg.com/podcasts

Follow Bloomberg Podcasts on Twitter:   / podcasts  

Visit our other YouTube channels:
Bloomberg Television:    / @markets  
Bloomberg Originals:    / bloomberg  
Quicktake:    / @bloombergquicktake  

For coverage on news, markets and more: http://www.bloomberg.com/video

#Stocks #Markets #Finance #Investing #Podcast #Bloomberg

Autodesk Jump; Dell and Caterpillar Drop; Petco Higher