Check out these firms making headlines after the market close: Palantir Technologies – Shares of Palantir Technologies rose greater than 15% after the corporate beat second-quarter estimates and raised its full-year guidance as demand for artificial intelligence software shows no signs of abating. Palantir reported adjusted earnings of 9 cents per share on revenue of $678 million. Lucid Group – Shares rose 6% after second-quarter results beat revenue estimates. The electric vehicle company reported revenue of $200.6 million, while analysts surveyed by LSEG were forecasting $192 million. Executives also reiterated previous guidance that called for vehicle production of about 9,000 in 2024. CSX Corp. – The rail transportation holding company gained about 3% in prolonged trading after reporting stronger-than-expected earnings. CSX reported second-quarter earnings of 49 cents per share, while analysts surveyed by LSEG had expected 48 cents. Revenue of $3.70 billion was according to Wall Street estimates. Semiconductor stocks – Some semiconductor and AI stocks that had fallen during Monday’s session rebounded in after-hours trading. Nvidia and Super Micro Computer were each recently up greater than 1%. Broadcom, Arm Holdings and Intel also each gained about 1%. Spirit AeroSystems – Shares of the Boeing fuselage supplier fell nearly 2%. Spirit AeroSystems reported a wider-than-expected lack of $2.73 per share on revenue of $1.49 billion. Analysts surveyed by LSEG had expected a lack of 90 cents and revenue of $1.59 billion. Hims & Hers Health – Hims & Hers Health slumped 3% though the digital pharmacy company beat Wall Street estimates for the second quarter and raised its full-year revenue forecast. Avis Budget Group – Shares fell 3% on weak second-quarter results. The automotive rental company reported revenue of $3.05 billion, while analysts surveyed by LSEG expected $3.14 billion. Earnings also fell wanting expectations. ZoomInfo Technologies – The software stock fell 13% after ZoomInfo reported disappointing second-quarter results and poor third-quarter guidance. The company, known for its search engine product for contacts and business information, reported adjusted earnings of 17 cents per share, below the 23 cents per share earnings expected by analysts surveyed by LSEG. Revenue of $291.5 million was below the consensus estimate of $307.7 million. Simon Property Group – The mall owner’s shares fell about 1%. Simon Property beat second-quarter revenue estimates but reported earnings according to budget. The company also raised its dividend by 15 cents. – CNBC’s Brian Evans and Sarah Min contributed reporting
