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Salesforce Stock Jumps 11% on AI Revenue Surge, Raised Outlook
Salesforce shares jumped 11% premarket after strong Q2 earnings, with AI ARR reaching $3.9B and raised fiscal 2027 revenue guidance.
Nvidia Surges Premarket on Blowout Q2, Data Center Strength
Nvidia (NVDA) rose 7.4% premarket after reporting Q2 revenue of $96.22B, up 106% YoY, with data center sales surging 117%. Q3 guidance of $108B beat expectations.
Waymo's Munich Push Pressures Alphabet as Losses Widen
Alphabet shares slipped 1.2% as Waymo's Munich expansion plans collide with a 44.4% jump in Other Bets operating losses.
Real Home Values Slip Again as Inflation Outpaces Price Growth
U.S. home prices rose 1.5% year-over-year in June, but 3.5% inflation kept real values falling for a 13th month. Regional gaps widen as mortgage rates stay elevated.
Meta Shares Rise on $18B Child Safety Pact
Meta Platforms shares climbed 1.1% following an $18 billion child-safety settlement, boosting market value by $13.5 billion. The pact introduces new restrictions for young users.
D-Wave Stock Tumbles 9.5% on CFO Retirement; Market Cap Loses $679M
D-Wave Quantum shares dropped 9.5% following CFO retirement news, wiping out $679 million in market cap. Greg Golkov named acting CFO.
Revolution Medicines Rallies on RASONQUE Launch, Sales Forecasts
Revolution Medicines (RVMD) gains 2.3% premarket after RASONQUE's U.S. debut. RBC projects strong sales ramp, with Q3 at $28M and Q4 at $148M.
DraftKings Debuts $200 Bonus Bets as Stock Dips 3.9%
DraftKings rolls out a $200 bonus bet offer for new users as Q2 revenue fell 5% and marketing spend rose 38%. Shares dropped 3.9% on Wednesday.
Boston Scientific Plunges 3.4% on Cyberattack Disrupting Operations
Boston Scientific (BSX) shares dropped 3.4% after a global cyberattack disrupted order processing and shipping, erasing $2.5 billion in market value. Analysts estimate up to $369 million in Q3 revenue could be at risk.
SolarEdge Soars 10.7% on FCC Inverter Rule, UBS Upgrade
SolarEdge shares surged 10.7% after UBS upgraded the stock to Buy, citing FCC restrictions on foreign inverters as a key growth driver. The rally added $197 million to market value.
Abercrombie & Fitch Soars on Record Q2, Raised Guidance
Abercrombie & Fitch shares surged 35.7% after record Q2 revenue and an improved full-year forecast, adding $1.73 billion to market value.