US stocks surge | Q2 earnings better than expected, Tianhong Technology (CLS.US) jumps over 18%

According to Zhitong Finance and Economics APP, on Tuesday, Tianhong Technology (CLS.US) surged more than 18%, setting a new historical high at $205.78. On the news front, Tianhong Technology reported an adjusted earnings per share of $1.39 for the second quarter, higher than the $0.90 for the same period last year. Analysts surveyed by FactSet had expected $1.25. The revenue was $2.89 billion, higher than the $2.39 billion for the same period last year, with analysts surveyed by FactSet expecting $2.69 billion.