See the companies making headlines after the bell: Palantir Technologies — Shares of Palantir Technologies rose more than 15% after the company beat second-quarter estimates and raised its annual outlook as demand for AI software shows no signs of abating. Palantir reported adjusted earnings of 9 cents a share on $678 million in revenue. Lucid Group — Shares rose 6% after second-quarter results beat consensus estimates. The electric vehicle company reported revenue of $200.6 million, while analysts polled by LSEG had expected $192 million. Executives also reiterated previous guidance calling for about 9,000 vehicles in 2024. CSX Corp. — The rail transportation holding company advanced about 3% in extended trading after stronger-than-expected earnings. CSX reported earnings of 49 cents a share in the second quarter, while analysts polled by LSEG had expected 48 cents. Revenue came in at $3.70 billion, in line with Street estimates. Semiconductor Stocks — Some semiconductor and artificial intelligence stocks that fell during Monday’s session were higher in after-hours trading, with Nvidia and Super Micro Computer each up more than 1%. Broadcom, Arm Holdings and Intel also added about 1% each. Spirit AeroSystems — Shares of the Boeing fuselage supplier fell about 2%. Spirit AeroSystems reported a larger-than-expected loss of $2.73 per share on revenue of $1.49 billion. Analysts polled by LSEG had expected a loss of 90 cents on revenue of $1.59 billion. Hims & Hers Health — Hims & Hers Health fell 3% even after the digital pharmacy company beat Wall Street estimates for the second quarter and raised its full-year revenue guidance. Avis Budget Group — Shares fell 3% on weak second-quarter results. The car rental company reported revenue of $3.05 billion, compared with analysts polled by LSEG expected $3.14 billion. Earnings also missed expectations. ZoomInfo Technologies — The software stock fell 13% after ZoomInfo posted disappointing second-quarter results, as well as weak guidance for the third quarter. 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 expected by analysts polled by LSEG. Revenue of $291.5 million was below the consensus estimate of $307.7 million. Simon Property Group — Shares of the mall owner fell about 1%. Simon Property beat revenue estimates in the second quarter, but reported earnings in line. The company also raised its dividend by 15 cents. — CNBC’s Brian Evans and Sarah Main contributed to the report
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Stocks that made the biggest moves after hours: PLTR, LCID, CSX
