Digital Turbine shares soared 31% as the company exceeded analyst expectations for quarterly profit and revenue and raised its full-year guidance.
Lumentum shares surged 18% after the optical components maker reported strong fiscal first-quarter results and issued guidance that significantly exceeded analyst expectations, driven by robust demand from AI data center applications.
Unity Software shares jumped 11% after the video game software development company reported better-than-expected third-quarter results and released upbeat revenue guidance.
Rivian surpassed third-quarter revenue expectations, fueled by strong deliveries as U.S. consumers rushed to grab a federal tax incentive on electric vehicle purchases before its expiry. The shares jumped 10%.
Toast rose 8% after beating estimates. Revenue for the quarter came in at $1.63 billion versus the consensus estimate of $1.58 billion.
Amgen reported quarterly financial results that beat Wall Street expectations, and raised its full-year outlook, as 12% sales growth offset expenses related to experimental weight-loss drug MariTide and a higher tax rate. The shares rose 5%.
Mediterranean restaurant chain Cava Group cut its annual same-store sales growth forecast for the second time this year, signaling sluggish spending on dining out by budget-conscious customers. Shares of the company were up 5%.
Clover Health reported its third-quarter 2025 earnings, revealing a significant earnings per share (EPS) miss. The shares sank 24%.
Pinterest forecast fourth-quarter revenue slightly below Wall Street estimates, signaling fierce competition from larger platforms such as Meta during the holiday season, sending its shares down 20%.
Kratos Defense & Security Solutions reported third quarter earnings that beat analyst expectations, but shares fell 14%. as the defense technology company’s fourth quarter revenue guidance came in below Wall Street estimates.
Lending company Upstart expects its growth to slow going forward — and by more than Wall Street was expecting. Shares of the financial-technology company, which uses AI to inform lending decisions, fell 11% following downbeat guidance for the December quarter.
Arista Networks posted higher revenue and profit during the third quarter, but its guidance for the current quarter suggests sales growth will slow to a crawl on a sequential basis. The shares dropped 7%.
Super Micro Computer missed Wall Street estimates for quarterly profit and revenue, hit by a shift in delivery schedules for large artificial intelligence deals, sending the server maker's shares down 7%.
Palantir shares dropped another 4%. Palantir stock fell 7.9% on Tuesday as the company reported a strong quarter that left some investors with questions over the company's lofty valuation.
Astera Labs handily beat analyst estimates for the third quarter and guided higher than views for the current period. But ALAB stock fell 3.5% in premarket trading on Wednesday on profit margin concerns.
Tempus AI, a company that captured the attention of retail shareholders and surged to a valuation of more than $15 billion in spite of persistent losses, reported better-than-expected Q3 results after the close of trading on Tuesday. But investors seemed unimpressed, as the stock dove 5%.
Novo Nordisk pared its forecast for a fourth time this year on lagging sales of its blockbuster drugs Wegovy and Ozempic, underscoring the urgency facing its new chief executive. The shares fell 2%.