Premarket Movers | KULR Soars 22%; Nu Holdings Surges 10%; Twilio Jumps 5%; Applied Materials Tumbles 14%
KULR Technology reported its Q2 2025 earnings, showcasing a notable turnaround with a first-ever quarterly profit. The shares soared 21.6%.
Nu Holdings, which runs Brazilian digital lender Nubank, posted a 42% increase in its net profit from a year earlier on a foreign exchange-neutral basis, causing its shares to jump more than 10%.
Twilio will replace Amedisys in the S&P MidCap 400 effective before the opening of trading on Tuesday, August 19. The shares gained 4.7%.
Wrapping up financial results for quantum computing stocks, Quantum Computing reported a bigger than expected second quarter loss while revenue missed expectations. QUBT stock fell 3.5% on the news.
Applied Materials, the largest American producer of chipmaking gear, plunged 14.3% after giving a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is weighing on demand. Its peers Lam Research dropped 5.1%, KLA-Tencor fell 5.8%.
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