Dell Technologies reported second-quarter revenue of US$47 billion, up 58% year on year and above market expectations. The company raised its full-year revenue forecast to US$192 billion and lifted its adjusted earnings-per-share target to US$25.50. Dell said AI-optimized server orders reached a record US$60 billion and backlog hit a record US$95 billion.

Open interest in raw and refined sugar futures hit 2.3 million contracts on Friday, topping the previous high set in February 2010, ICE data show. An ICE executive said shifting supply-demand balances and a forecast for a strong El Niño through January 2027 have added uncertainty to supply expectations, prompting hedging across the curve. The U.S. Climate Prediction Center put the probability of a very strong El Niño at 90%, while funds recorded net inflows of a record US$2.5 billion into raw sugar contracts over the same period.

Barrick Mining said second-quarter net profit rose to C$1.22 billion as higher gold prices offset rising costs. The miner realized an average gold price of $4,417 per ounce, up 34% from a year earlier, while output was flat at 796,000 ounces. Barrick also reached a $1.95 billion agreement with Newmont to resolve disputes over Nevada Gold Mines, clearing the way for a planned IPO of its North American gold assets.

Uber said its forecast for current-quarter adjusted earnings is below market expectations, citing foreign exchange headwinds that it expects will trim bookings growth. The company reiterated plans to invest heavily in robotaxis and acquisitions, after announcing a US$14.8billion deal for Delivery Hero last month to be funded with existing liquidity and debt. Uber shares fell about 3 per cent in premarket trading following the update.

Merck reported second-quarter revenue of US$16.61 billion, up 5% year on year and above the US$16.36 billion analysts expected, with Keytruda sales rising 5% to US$8.37 billion. The company posted a quarterly loss of 13 cents per share after a US$2.31 per share charge tied to its acquisition of Terns Pharmaceuticals. Animal health revenue rose 8% to US$1.78 billion, slightly ahead of expectations.

Caterpillar raised its 2026 revenue growth target after reporting second-quarter revenue of US$20.54 billion, up 24% year on year. Adjusted earnings came in at US$8.17 per share, well above the market expectation of US$6.20 per share, while its order backlog hit a record US$72.1 billion and North America construction equipment revenue jumped 50%. As a S&P 500 constituent and an industrial bellwether, the results reinforced optimism around economic resilience and the earnings outlook for cyclical stocks, indirectly supporting the S&P 500 index.

Enbridge reported second-quarter adjusted earnings of 63 Canadian cents per share, beating the 59 Canadian cents analysts had expected. Adjusted core profit from its Mainline system rose to C$1.57 billion, up 4.7% from a year earlier. Mainline is North America’s largest crude oil pipeline system, moving nearly half of the crude in the United States while also transporting natural gas liquids and refined products from Edmonton, Alberta, to markets in Canada and the U.S. Midwest.

The Canadian federal government said it will invest C$1.957 billion to replace 45 aging Via Rail locomotives and build new assembly and maintenance facilities. Of that, C$1.6 billion is earmarked for new locomotives—nine to be made in Spain and 36 to be assembled in Canada—and C$357 million for the plant. The move aims to address Via Rail’s long-running on-time performance issues, which fell to 30% in the first quarter of 2025, with the new trains expected to enter service by 2031.

Procter & Gamble (PG) issued fiscal 2027 guidance projecting total net sales growth of 1%–3%, slowing from 3.3% in fiscal 2026 and slightly below the analyst median of 2.7%. The company guided to adjusted earnings per share of $6.89–$7.11, with the midpoint a bit under the market expectation of $7.04. P&G also reiterated it expects roughly $1 billion of profit pressure in fiscal 2027 from higher raw material, energy and transportation costs driven by surging oil prices. Premium personal care volumes rose 3% while pricing stayed broadly stable.