Palantir's Profit Surprise Sends Stock Soaring.

Palantir's Q1 results beat analyst estimates and the company issued guidance for full-year profitability, causing its shares to rise nearly 20%. However, 3D Systems dropped 9.8% after posting disappointing Q1 results and cutting 6% of its workforce. Skyworks Solutions shed more than 9% after issuing weaker-than-expected fiscal Q3 guidance. Under Armour's shares fell nearly 5% despite beating Q4 expectations, as its full-year outlook for revenue and earnings per share fell short of expectations. PayPal's shares fell more than 5% due to weak current-quarter earnings guidance, while McKesson rose 4.6% after posting better-than-expected quarterly results.