Today's Morning Movers and Top Ratings: UBER, PLTR, LCID, CRWD and More

$Palantir (PLTR.US)$ stock jumped 11.25% as the software services provider increased its annual revenue and profit outlook for the second time this year.

$Caterpillar (CAT.US)$ shares climbed 3.54% following the industrial heavyweight's report of higher quarterly adjusted profits, driven by resilient demand for its large excavators and other construction machinery amid rising infrastructure investment in the U.S.

$Uber Technologies (UBER.US)$ 's shares advanced by 8.24% after the ride-hailing company surpassed revenue and core profit estimates for the second quarter, buoyed by consistent demand for its ride-sharing and food delivery services.

$Alphabet-A (GOOGL.US)$ shares increased by 0.2%, benefiting from the overall positive market mood despite losing a legal battle with the Department of Justice, which labeled its Google unit as a monopoly.

$Lucid Group (LCID.US)$ shares surged over 9.7% thanks to higher-than-expected revenue for the second quarter and the news that Saudi Arabia’s Public Investment Fund (PIF) plans to inject up to $1.5 billion in cash into the EV maker.

$CrowdStrike (CRWD.US)$ shares rose by 3.5% after Piper Sandler upgraded the cybersecurity firm to overweight from neutral. The brokerage suggested that the effects of a recent outage event would be brief and have minimal cost.

$Yum! Brands (YUM.US)$ shares dipped 0.3% after the fast-food conglomerate, home to Taco Bell and KFC, disclosed a greater-than-anticipated decline in same-store sales for the second quarter, as persistent inflation deterred lower-income consumers from eating out.