Enterprise workflow software provider Pegasystems (NASDAQ:PEGA) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 9.5% year on year to $384.5 million. Its non-GAAP profit of $0.28 per share was 18.2% above analysts’ consensus estimates.
Egg company Cal-Maine Foods (NASDAQ:CALM) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 72.2% year on year to $1.10 billion. Its GAAP profit of $7.04 per share was 12.1% above analysts’ consensus estimates.
Shares of HR outsourcing provider Insperity (NYSE:NSP) jumped 4.1% in the afternoon session after the company announced a strategic partnership with payments platform Wingspan to launch a new solution for managing independent contractors. The new platform, called "Insperity Contractor Management powered by Wingspan," is designed to help businesses automate the entire lifecycle of engaging with 1099 workers. This includes processes like onboarding, payments, and tax reporting compliance, streamlining what can be a complex administrative burden for companies. This move allows Insperity, traditionally known as a Professional Employer Organization (PEO) that co-employs a client's workforce, to tap into the rapidly growing contingent or "gig" economy. With reports suggesting that one in three American workers now earns 1099 income, the new service addresses a significant market need and represents a potential new revenue stream for the company.
Shares of life sciences company Azenta (NASDAQ:AZTA) jumped 5.7% in the afternoon session after the investment firm Stephens initiated coverage on the life sciences company.
Shares of aerospace and defense company Ducommun (NYSE:DCO)
fell 3.1% in the morning session after the stock hit a new all-time high, likely prompting some investors to take profits.
Shares of specialty construction contractor company EMCOR (NYSE:EME)
fell 3.6% in the morning session after the stock appeared to take a breather after a recent, sharp rally to all-time highs. The electrical and mechanical construction firm’s stock had reached a new peak earlier in the month, capping a significant run-up in its valuation. Following this strong performance, some technical indicators had suggested the stock was in overbought territory, signaling a potential pullback. The decline also occurred amid broader market caution, as European markets traded lower on Tuesday due to mixed corporate earnings and ongoing anxiety over international tariff negotiations. With no negative company-specific news, the movement suggested that investors decided to lock in some of their recent gains.
Shares of electrical construction and infrastructure services provider MYR Group (NASDAQ:MYRG) fell 3.1% in the morning session after Goldman Sachs downgraded the stock. The investment bank changed its rating on the electrical construction contractor from "Buy" to "Neutral." Analysts at Goldman Sachs pointed to a lack of long-term guidance from the company as a key reason for the change. The stock had experienced a significant run-up prior to the downgrade, reaching an all-time high and increasing by 68% over the past three months, which may have also factored into the bank's reassessment. While Goldman Sachs did increase its price target on the stock, the downgrade itself signaled a more cautious stance on the company's near-term prospects, prompting some investors to sell shares.
Shares of infrastructure construction company Primoris (NYSE:PRIM)
fell 3.4% in the morning session after the company's stock likely moved on profit-taking after a recent run-up, even as a major Wall Street firm increased its price forecast.
Curious about the most active S&P500 stocks in today's session? Join us as we explore the US markets on Tuesday and uncover the stocks that are leading the way in terms of trading volume and market attention.
Shares of online fashion retailer Revolve (NASDAQ:RVLV)
jumped 3.3% in the morning session after Raymond James raised its price target on the stock and maintained an Outperform rating, citing a more favorable tariff environment.
Shares of water control and measure company Badger Meter (NYSE:BMI) fell 14.2% in the morning session after the company reported second-quarter earnings that fell short of Wall Street expectations.
Automotive manufacturer General Motors (NYSE:GM) beat Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 1.8% year on year to $47.12 billion. Its non-GAAP profit of $2.53 per share was 2.1% above analysts’ consensus estimates.
Appaloosa's billionaire investor sent artificial intelligence (AI) colossus AMD to the chopping block, but has built up stakes in two cutting-edge companies by 135% and 1,825%, respectively.
