4 articles
US stock markets reached record highs driven by strong corporate earnings from Palantir and Caterpillar, while a 5.3% drop in Brent crude oil prices helped ease inflation concerns.
Caterpillar raised its 2026 revenue forecast after beating Q2 profit estimates, driven by surging demand for power-generation and construction equipment linked to AI data center buildouts.
US stock futures rose on tech earnings and economic data, with oil prices retreating from peaks and Japan intervening in forex markets. Eli Lilly raised forecasts on soaring obesity medication demand,
U.S. stock indices are on track for their best monthly performance since 2020, supported by strong earnings despite oil price spikes from Middle East tensions. Eli Lilly and Caterpillar led gains, whi
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