ADVFN US – Market Content Editor
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Advance Auto Parts shares tumble as revenue miss and FY26 outlook weigh on sentiment
Advance Auto Parts Inc. (NYSE:AAP) shares dropped more than 15% in premarket trading after the automotive parts retailer reported second-quarter earnings above expectations but missed revenue forecasts, while its full-year outlook failed to impress investors. Adjusted earnings came in at $1.03 per share, comfortably ahead of the analyst consensus of $0.81. Revenue, however, was $2.0…
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CrowdStrike shares fall as CTO departs to launch AI cybersecurity fund
CrowdStrike Holdings (NASDAQ:CRWD) shares declined in premarket trading following reports that the cybersecurity company’s Chief Technology Officer is leaving to establish an investment fund focused on artificial intelligence and cybersecurity. The stock fell 2.8% before the opening bell as investors assessed the implications of the departure of a senior executive responsible for an important part…
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Daqo New Energy shares tumble after Q2 earnings miss and weak polysilicon market
Daqo New Energy Corp. (NYSE:DQ) shares fell sharply after the polysilicon producer reported second-quarter results that came in well below analyst forecasts, as weak solar industry demand and falling selling prices continued to weigh heavily on its financial performance. The stock dropped 14.6% following the release. Daqo posted a loss of $1.20 per ADS, considerably…
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Futu shares jump 7% after Q2 revenue and earnings beat forecasts
Futu Holdings Limited (NASDAQ:FUTU) shares climbed sharply in premarket trading on Thursday after the online brokerage delivered stronger-than-expected second-quarter results, supported by record trading activity and substantial growth in client assets. The stock gained 6.84% before the opening bell as both revenue and adjusted earnings exceeded Wall Street forecasts. Futu reported adjusted earnings of HK$26.08…
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ATRenew shares fall as softer Q3 outlook overshadows second-quarter earnings beat
ATRenew Inc. (NYSE:RERE) shares fell in premarket trading on Thursday despite the Chinese recycling and trade-in platform delivering second-quarter results that surpassed analyst expectations, as investors focused instead on weaker-than-anticipated third-quarter revenue guidance. The stock declined 4.77% before the opening bell after ATRenew forecast revenue of between RMB6.34 billion and RMB6.44 billion for the third…
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Coty shares fall as weak FY27 visibility overshadows Q4 revenue beat
Coty (NYSE:COTY) shares dropped around 5.9% in premarket trading on Thursday after the beauty group’s latest earnings release raised concerns over its near-term outlook, reversing a strong gain recorded during the previous regular session. The stock fell to $2.85 after Coty reported fiscal fourth-quarter 2026 revenue of $1.27 billion, comfortably ahead of the approximately $1.19…
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Webull shares surge after Q2 earnings beat and record operating profit
Webull Corp (NASDAQ:BULL) shares jumped 13.8% in premarket trading on Thursday after the digital brokerage delivered its strongest quarterly performance since becoming a public company, beating Wall Street forecasts on both revenue and adjusted earnings. Second-quarter 2026 revenue reached $198.8 million, comfortably ahead of analysts’ expectations of approximately $165.7 million. Adjusted earnings came in at…
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Wolfspeed shares tumble after Q4 earnings miss and cautious outlook
Wolfspeed (NYSE:WOLF) shares fell sharply in premarket trading on Thursday after the semiconductor manufacturer delivered significantly weaker-than-expected fiscal fourth-quarter results, extending the selloff that began following Wednesday evening’s earnings announcement. The stock dropped 10.5% to $26.03 before the opening bell as investors reacted to substantial misses on both revenue and adjusted earnings. Revenue and earnings…
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Moderna shares slide as investors lock in gains after historic cancer vaccine rally
Moderna (NASDAQ:MRNA) shares fell sharply in premarket trading on Thursday as investors took profits following the biggest one-day rally in the biotechnology company’s history, while concerns over valuation added to the selling pressure. The stock dropped 13.0% to $151.78 before the opening bell, having closed the previous session at $174.38 following an extraordinary surge triggered…
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BILL shares rise as Q4 profitability improves despite softer FY27 growth outlook
BILL (NYSE:BILL) delivered higher fourth-quarter revenue and a substantial improvement in adjusted earnings on Wednesday, although the financial operations software provider guided for a slower pace of expansion in fiscal 2027 as it prepares to revise the accounting treatment of rewards expenses. Total revenue for the fourth quarter increased 14% year on year to $436.2…