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Wall Street’s main indexes pushed higher Tuesday, lifted by solid earnings reports from several major companies. Meanwhile, oil prices stayed elevated as geopolitical tensions in the Middle East continued.
The S&P 500 (SP500) advanced +0.9%, the Nasdaq Composite (COMP:IND) rose +1.2%, and the Dow Jones Industrial Average (DJI) gained +0.7%.
Now, here are the four stocks to watch on Tuesday after hours:
- Shares of Capital One Financial (COF) rose 2.1% in after-hours trading after the company delivered a strong Q2 beat. The firm reported Non-GAAP EPS of $5.81, topping estimates, and revenue reached $15.85 billion, up 26.8% from a year ago.
- Super Micro Computer (SMCI) shares surged 20% in after-hours trading Tuesday after the AI server specialist delivered strong preliminary fourth-quarter guidance and raised its gross margin outlook.
- Moreover, Chubb Limited (CB) remains in focus as well as investors and traders digest the company’s latest earnings report, which landed after the bell. The firm posted Q2 Non-GAAP EPS of $7.26, beating estimates by $0.52.
- Pegasystems (PEGA) shares tumbled 6% in after-hours trading on Tuesday following a disappointing second-quarter earnings report. The software company missed Wall Street’s estimates, triggering a sharp sell-off as investors reacted to the weaker-than-expected results.
More on markets
- S&P 500 is 1.5% from ATH after nearly two months of sideways action
- Treasury yields rise across the curve amid Middle East oil supply fears
- Micron Technology and Nvidia mask softer S&P 500 earnings growth
- From hyperscalers to chipmakers: The AI profit rotation accelerates
- Dow leadership shifts to value sectors amid broad market rotation
