ADVFN US – Market Content Editor
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Dutch Bros beats second-quarter forecasts, but cautious guidance sends shares lower
Dutch Bros Inc. (NYSE:BROS) delivered better-than-expected second-quarter earnings and revenue while raising its full-year guidance, but investors responded negatively, sending the coffee chain’s shares down about 9% in premarket trading on Thursday as the updated outlook was viewed as overly cautious. Adjusted earnings came in at $0.33 per share, exceeding analysts’ consensus estimate of $0.29.…
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eBay beats second-quarter expectations but mixed guidance limits share gains
eBay Inc. (NASDAQ:EBAY) reported stronger-than-expected second-quarter earnings and revenue, although the stock posted only modest gains in premarket trading on Thursday after the online marketplace issued mixed guidance for the current quarter. The results mark the company’s first earnings release since it rejected an unsolicited multibillion-dollar takeover proposal from GameStop, led by Ryan Cohen. Adjusted…
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AI momentum stocks retreat as earnings season sparks technology selloff
Technology shares linked to the artificial intelligence boom came under renewed pressure on Thursday, as another wave of corporate earnings prompted investors to take profits from some of the market’s biggest winners. The weakness spread across Asia before carrying into U.S. premarket trading, where several high-profile AI-related names extended recent declines. Storage stocks lead premarket…
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Honeywell Aerospace shares tumble after company cuts 2026 guidance
Honeywell Aerospace (NASDAQ:HONAV) shares fell nearly 12% in premarket trading on Thursday after the aerospace manufacturer reduced its 2026 sales growth forecast and issued a full-year earnings outlook that came in well below Wall Street expectations. The aircraft engine, aerospace components and defence systems producer now expects organic sales growth of between 4% and 5%…
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Duolingo shares slide as revenue outlook disappoints despite earnings beat
Duolingo Inc. (NASDAQ:DUOL) shares dropped more than 9% in premarket trading on Thursday after the language-learning platform issued third-quarter revenue guidance that came in below Wall Street expectations, overshadowing stronger-than-expected second-quarter earnings. The company forecast third-quarter revenue of approximately $302 million, compared with analysts’ consensus estimate of $303.9 million. However, adjusted EBITDA for the quarter…
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Western Digital beats forecasts and raises outlook, but shares fall in premarket trading
Western Digital Corporation (NASDAQ:WDC) reported better-than-expected fourth-quarter results on Wednesday, surpassing Wall Street estimates for both earnings and revenue. However, the storage technology company’s shares fell more than 14% in premarket trading on Thursday as investors were left unimpressed by its forward guidance despite it exceeding consensus forecasts. Adjusted earnings per share came in at…
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Block shares ease despite stronger profit outlook and upbeat quarterly results
Block (NYSE:XYZ) shares traded modestly lower in premarket trading on Thursday, even after the fintech company lifted its full-year adjusted profit forecast following solid consumer spending trends and continued momentum at its Cash App business. The company now expects adjusted earnings of $4.02 per share for full-year 2026, up from its previous forecast of $3.85.…
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Sandisk shares slide as cautious guidance overshadows strong AI-driven growth
Sandisk (NASDAQ:SNDK) shares fell in premarket trading on Thursday after the flash memory manufacturer issued first-quarter guidance that failed to meet investors’ elevated expectations, despite another quarter of exceptional growth fuelled by artificial intelligence demand. The company forecast fiscal first-quarter 2027 revenue of between $10.3 billion and $10.8 billion, broadly in line with market forecasts…
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AppLovin shares tumble as revenue miss and cautious outlook outweigh earnings beat
AppLovin Corporation (NASDAQ:APP) shares plunged more than 14% in premarket trading on Thursday after the software company delivered quarterly earnings that exceeded expectations but failed to satisfy investors on revenue growth and forward guidance. For the second quarter ended 30 June, AppLovin reported adjusted earnings per share of $3.76, narrowly ahead of the consensus estimate…
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Moderna secures FDA approval for its first mRNA influenza vaccine
Moderna (NASDAQ:MRNA) announced on Thursday that the U.S. Food and Drug Administration has approved its influenza vaccine, mFLUSIVA, for adults aged 50 and over. The decision marks the company’s first mRNA-based flu vaccine and the fourth product from Moderna to receive FDA approval. The biotechnology group expects to begin distributing mFLUSIVA to selected U.S. retailers…