Canadian National Railway raised its full-year outlook after reporting a solid second quarter. The company now anticipates low-single-digit growth in revenue ton miles—a key metric for freight volume—reversing earlier projections of flat performance. Net income reached 1.25 billion Canadian dollars, or C$2.06 per share, comfortably surpassing the C$1.96 per share consensus estimate tracked by FactSet.

Across the Pacific, China’s Contemporary Amperex Technology mirrored this momentum. The battery manufacturing giant saw net profits jump 42% to 43.28 billion yuan, roughly $6.39 billion, as revenue climbed 55% to 276.92 billion yuan. While the domestic Chinese electric vehicle market faces cooling demand, CATL successfully offset those headwinds by capturing a larger market share and pivoting toward high-growth energy-storage systems, particularly those powering new AI infrastructure projects.