Palantir, Caterpillar, Yum China, CrowdStrike and more

Check out the companies making headlines before the bell: Palantir Technologies — The data analytics company rallied 11% after raising its full-year revenue forecast. Palantir now sees revenue between $2.74 billion and $2.75 billion. That’s up from a range of $2.68 billion from $2.69 billion. Yum China — Shares surged 8% after the Shanghai-based operator behind Pizza Hut and Taco Bell posted second-quarter earnings that beat expectations. Adjusted earnings of 55 cents per share came above the 47 cents per share earnings anticipated by analysts, according to LSEG. On the other hand, revenue of $2.68 billion disappointed the consensus estimate of $2.77 billion. Separately, the fast food company announced its finance chief is stepping down. Uber Technologies — Shares popped 6% after the ride-sharing company posted better-than-expected financial results for its second quarter. Earnings came in at 47 cents per share, topping the 31 cents expected from analysts polled by LSEG. Revenue was $10.7 billion, above the $10.57 billion consensus estimate. Caterpillar — The industrial giant popped 3.54% on the back of better-than-expected quarterly results. The company earned $5.99 per share on revenue of $16.69 billion in the second quarter. Analysts expected a profit of $5.54 per share on revenue of $16.68 billion. CrowdStrike — The cybersecurity stock rose 3% after Piper Sandler upgraded CrowdStrike to overweight from neutral, saying the dip is a buying opportunity. Semiconductors — Chip stocks rose as a group, one day after a brutal sell-off in tech names. Nvidia gained 3%, Super Micro Computer and Broadcom popped 2%, and Intel rose nearly 2%. ZoomInfo Technologies — Shares of the customer acquisition platform company plunged 14% after a second-quarter earnings report that missed estimates. ZoomInfo reported 17 cents in adjusted earnings per share on $292 million of revenue. Analysts surveyed by LSEG had penciled in 23 cents per share and $308 million of revenue. The company also lowered its earnings guidance and announced a change at chief financial officer. Lucid Group — The electric vehicle stock rallied 11% after Lucid’s second-quarter revenue topped estimates. The company reported revenue of $200.6 million, above the LSEG consensus estimate of $192 million. Lucid also reaffirmed previous guidance for vehicle production of roughly 9,000 in 2024. CSX — The stock gained 3.6% after rail transportation holding company posted stronger-than-expected earnings. CSX reported earnings of 49 cents per share in the second quarter, above the 48 cents anticipated, according to LSEG. Revenue of $3.7 billion came in line with forecasts. — CNBC’s Michelle Fox, Fred Imbert and Jesse Pound contributed reporting