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Autodesk Soars; Dell and Caterpillar Move to Downside; Affirm Rallies | Stock Movers

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August 29, 2025

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On this episode of Stock Movers:

- Autodesk (ADSK) is soaring after the software company reported second-quarter results that beat expectations and raised its full-year forecast on key metrics. Citi's research team wrote "this was “one of the strongest revenue/billings beat in years,” and reflects “signs of reaccelerating growth and faster profitability expansion.”

- Dell Technologies (DELL) is lower despite beating estimates after the company booked fewer sales of artificial intelligence servers than in the previous three months and reported profit margins that fell short of analysts’ estimates. Dell booked $5.6 billion of AI server orders in the fiscal second quarter, which ended Aug. 1, down from $12.1 billion in the previous period, and the operating margin in Dell’s infrastructure unit was 8.8%, lower than analysts’ estimates of 10.3%.

- Caterpillar (CAT) is lower after the industrial giant warned that it faces a larger-than-previously-anticipated tariff headwind. It now expects additional clarifications and tariffs announced since its second-quarter earnings release will have a net impact of about $500m to $600m for the third quarter, and about $1.5b to $1.8b for 2025.

- Affirm (AFRM) shares are rallying after the financial technology company reported fourth-quarter results that beat expectations and gave an outlook that is seen as strong.

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Autodesk Soars; Dell and Caterpillar Move to Downside; Affirm Rallies

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Stock MoversAutodesk ADSKDell Technologies DELLCaterpillar CATAffirm AFRMWall Street CheckStock Movers VisitFollow Bloomberg Podcasts

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Autodesk Soars; Dell and Caterpillar Move to Downside; Affirm Rallies | Stock Movers · Bloomberg Podcasts · Sentinel