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Bloomberg Podcasts · McDonald's Rises; Caterpillar Surge; Palantir Forecasts | Stock Movers
- 1. McDonald's named longtime executive Sky Anderson as president of its US business to bring focus and urgency to the home market, where sales growth has slowed.
- 2. Caterpillar's stock surged 12% after reporting stronger sales and a record backlog for equipment orders driven by data center buildouts, making it part of the broader AI trade.
- 3. Palantir Technologies' stock is up 16% after the company raised its sales forecast to top $8 billion this year, driven by demand for its data analytics tools.
- 4. Wayfair's stock jumped 20.5% after reporting its fastest US sales growth in five years, and it has brick-and-mortar stores in Chicago and Atlanta.