Banks, energy, industrials and our stock lists. Theo Park is a pen name; every Mostly Markets writer uses one.
EarningsGallagher's adjusted EPS rose 30% to $3.00, in line with estimates, while revenue of $3.93 billion fell short. The stock rose 3.1% early Friday to a 52-week high.
EarningsHowmet's revenue rose 29% to $2.70 billion and adjusted EPS of $1.46 beat estimates, and it raised its 2026 forecast. The stock jumped 5.5% on Thursday.
EarningsTrane's revenue rose 18% to $6.76 billion and bookings jumped 20%, but it kept its 2026 profit forecast. The stock fell 3.9% on Thursday and 2.6% more early Friday.
EarningsQuanta's revenue rose 57% to $12.0 billion and adjusted EPS of $6.06 beat estimates by about 20%. The stock rose 4.7% on Thursday, then fell 4.1% early Friday.
EarningsRepublic Services' revenue rose 8.2% to $4.56 billion, ahead of the $4.42 billion expected, and it raised its 2026 sales forecast. The stock jumped 5.2% early Friday.
EarningsChevron earned $5.28 a share on an adjusted basis, beating the $4.89 expected, as refining profit rose more than fourfold. The stock was up 1.8% early Friday.
EarningsICE's net revenue rose 15% to $2.77 billion and adjusted EPS of $2.02 beat the $1.97 Zacks consensus. The stock jumped 4.5% on Thursday.
EarningsGE Vernova's revenue rose 27% to $12.64 billion, beating the $11.99 billion expected, as orders jumped 96%. The stock fell 1.9% on Wednesday, then rose 1.1% on Thursday.
EarningsMastercard's revenue rose 14% to $9.81 billion, ahead of the $9.63 billion expected, as services sales grew 19%. The stock jumped 4.2% to a 52-week closing high.
EarningsShell's adjusted earnings nearly doubled to $10.81 billion, beating forecasts, and it raised its quarterly buyback to $5 billion. Its US shares rose 2.4% to $107.67.
EarningsLinde's adjusted EPS of $4.59 beat the $4.52 expected on sales of $9.4 billion, and it nudged up its 2026 forecast. The stock slipped 1.0% on Thursday.
Earnings previewChevron reports before the open on Friday. Analysts expect adjusted EPS of $4.78, up from $1.85 a year ago, after a second quarter that beat estimates by 50 cents a share.
Earnings previewExxon reports before the open on Friday. Analysts expect adjusted EPS of $3.90, double a year ago, and the company has flagged a $4.5 billion lift from refining.
EarningsCaterpillar's adjusted profit of $7.20 a share beat the $7.08 expected, but it kept its 2026 sales forecast unchanged. The stock plunged 9.25%, its worst day since March 2020.
Why it movedVertiv soared 16.5% on Wednesday, its best day since February, after its organic orders more than doubled and it raised its 2026 sales forecast by $650 million.
Our picksAdobe, Intuit, and Booking sit 31% to 52% below their highs but still grow revenue by double digits and trade at 9 to 12 times free cash flow. Nike, 45% below its high, still isn't cheap.
Why it movedBoeing plunged 10.7% on Tuesday, its worst day in at least five years, after it said steady 737 output will slip to early 2027 and forecast about $3 billion of free cash flow next year.
Why it movedXylem plunged 14.2% on Tuesday, its worst day in at least five years, after the water-technology company cut its 2026 earnings forecast to $5.40–5.45 a share.
Our picksGoDaddy, Salesforce and Altria turn a third or more of their revenue into free cash and trade at 8–14 times it. Meta's AI spending cut its free cash flow by 36%.
EarningsUPS earned $1.69 a share on an adjusted basis, beating the $1.63 analysts expected, on revenue up 6.7% to $22.9 billion, and raised its 2026 revenue forecast to about $92.6 billion.
Why it movedNu Holdings plunged 17.0% and MercadoLibre slid 7.8% on Monday after President Lula won Brazil's runoff, unwinding bets on a Bolsonaro win. Brazil's main index plunged 13.88%.
US crude settled at $103.27 on Friday, up 79.9% from $57.42 at the end of 2025, after topping $105 in April and sliding to $69.50 by the end of June.
EarningsAmEx earned an adjusted $4.68 a share, above the $4.48 LSEG estimate, but revenue of $20.06 billion was just short of the $20.12 billion expected. It raised its 2026 forecast.