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Bath & Body Works Stock Declines Despite Q2 Beat as Tariff Refund Skews Results
Bath & Body Works shares dropped 1.8% premarket despite Q2 EPS beat, as an $80M tariff refund inflated results. Excluding the refund, EPS was $0.31. Company raised full-year guidance.
WiseTech Shares Tumble 9.6% on Slower Growth Outlook
WiseTech shares dropped 9.6% after the logistics software firm guided FY2027 revenue growth of only 6%-10%, a sharp slowdown from the 79% surge in FY2026.
Semtech Stock Jumps 4.3% on Q3 Revenue Forecast Beating Estimates by 14%
Semtech (SMTC) shares rose 4.3% premarket after Q3 revenue guidance of $410M beat consensus by 14%, driven by data-center sales up 91%.
USA Rare Earth Premarket Gains 2.5% as $1.55B Serra Verde SPV Advances
USA Rare Earth (USAR) rises 2.5% premarket to $19.90 after $1.55B SPV funding advances, with shareholder vote on Friday.
Intuit Plunges 11% on Weak Fiscal 2027 Outlook
Intuit (INTU) shares dropped 11.7% premarket after its fiscal 2027 revenue forecast fell $324.5M short of consensus, wiping out $11.4B in market cap.
Marvell Stock Climbs 4.8% as Analysts Raise Targets Ahead of Q2 Earnings
Marvell shares gained 4.8% to $240.38 after analysts raised targets ahead of Q2 earnings. Options imply ~10% move as Google warrant vesting tied to $120B sales.
Zoom Stock Drops 5.8% on Weak Q3 Profit Forecast
Zoom shares slid 5.8% premarket after Q3 EPS guidance of $1.47 missed estimates. Q2 revenue topped forecasts, but weaker profit outlook and slowing cash flow weighed.
GTA 6 Netflix Debut Could Decide Take-Two's $8.2B Revenue Goal
Take-Two's GTA 6 Netflix preview on Aug 27 is a key test for its $8.2B bookings target. Q1 bookings were $1.39B, leaving $6.6B+ to achieve.
CRISPR Therapeutics Surges as Key Data Release Looms
CRISPR Therapeutics (CRSP) climbed 6.7% on Tuesday as investors await Friday's CTX310 clinical update. Citizens reaffirmed an $80 target, implying 31% upside.
AMD Stock Soars 4.9% on Strong Buy Rating, $641 Price Target
AMD shares surged 4.9% after Raymond James upgraded the stock to Strong Buy with a $641 price target, boosting market value by $36.6 billion.
AMD Jumps 5% as Server CPU Market Forecast Soars to $201B
AMD shares climbed 4.9% after Raymond James upgraded the stock and projected a $201 billion server CPU market by 2030, citing AI-driven demand.
Boeing Stock Edges Up as $131B F-15 Contract Ceiling Starts with Minimal Funding
Boeing shares ticked up 0.3% after the Air Force awarded a $131.23 billion F-15 Eagle Crest ceiling contract, yet only $343,740 was initially funded, highlighting the gap between headline value and near-term revenue.