Upwork surged 11% after raising its full-year adjusted earnings outlook to $1.45–$1.47 per share, ahead of the $1.39 consensus. Palantir also rose after beating Wall Street estimates in the third quarter, with revenue nearly doubling to more than $2 billion and U.S. commercial revenue jumping 148% to $984 million. Lattice Semiconductor gained more than 7% on a stronger quarterly revenue outlook, while Clorox added 2% after posting better-than-expected quarterly results. Apple reported quarterly revenue of $114.48 billion, up 12%, but iPad sales fell more than 10% and gross margin was pressured by higher memory and component costs. Fabrinet jumped more than 12% after comfortably exceeding market forecasts, and Ibotta gained 11% on stronger revenue and adjusted EBITDA guidance.
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