- Twelve information technology stocks experienced significant price movements during Tuesday's intraday session following recent quarterly earnings reports.
- Notable gainers included Corvex rising 44.6 % to $15.56 and Backblaze increasing 37.45 % to $21.43.
- Significant losers featured Next Technology Holding declining 69.5 % to $0.13 and Thryv Holdings falling 37.21 % to $2.67.
- U.S. stocks traded higher on Tuesday, with the Nasdaq Composite gaining 2.22% and major indexes recording significant gains.
- McDonald's reported second-quarter adjusted earnings of $3.38 per share, surpassing market estimates of $3.32 per share.
- Crude oil prices fell 5.3% to $76.09, while the U.S. trade deficit shrank to $73.3 billion in June.