Bell: Check out the companies that make headlines before Apple. iPhone sales rose 13% year-on-year, marking Apple’s fastest quarterly revenue growth since December 2021, Tech Giant shares rose above 1% before the market. Amazon – Shares thwarted more than 8% after dominant online retailers issued disappointing forecasts. Amazon said it expects operating profit for the current quarter to be in the range of $15.5 billion to $20.5 billion. Analysts voted by StreetAccount had estimated $19.48 billion. Moderna – Shares fell more than 7% after vaccine makers cut the high-end full-year revenue guidance by $300 million. Modanya defeated second-quarter estimates of revenue and revenue. Reddit – Social media platforms rose 14% after falling below second-quarter revenue expectations. Reddit won 45 cents per share with $500 million in revenue, while Analyst was voted by LSEG and estimated at $426 million at 19 cents per share. Third-quarter guidance calls for revenues of between $535 million and $545 million. Boot Barn – Western Wear and Cowboy Boots retailers rose 7% after exceeding first-quarter revenue and revenue estimates. Boot Barn won $1.74 per share. Revenue was $504.1 million, surpassing the expected $495.2 million. DXC Technology – Stocks rose 2% after information technology service providers recorded first quarter revenue and revenue that exceeded expectations. DXC scored 68 cents per share with revenue of $3.16 billion, while analysts expected 62 cents with revenue of $3.08 billion on FactSet’s forecast revenue. First Solar – The solar solar technology maker rose nearly 3% after the latest revenue and revenue beat street forecasts. The first Solar reported a profit of $3.18 per share. That’s above the expected $2.65 per share, which LSEG voted for. Revenue of $1.1 billion also exceeded the $1.03 billion forecast. CLOROX – After the latest revenues of consumer product manufacturers, the stock has risen by 1%. Clorox reported adjusted earnings of $2.87 per share with revenue of $19.9 billion. Analysts voted by LSEG expected revenues of $2.21 with revenues of $2.21 per share. Monolithic Power Systems – Stocks fell 2.8% even after the manufacturer of integrated semiconductor power products recorded second-quarter profits and revenues above estimates, and issued third-quarter sales guidance of $710-$730 million. Topgolf Callaway Brands – After CEO Artie Starrs resigned, manufacturers of golf sports goods fell by more than 2%. Starrs is expected to remain at Topgolf until September 2025. Stryker – Shares fell more than 4% after medical device manufacturers reported unfortunate second quarter profits and revenues. The striker also estimated a $175 million hit from higher tariffs on goods from China and Europe. Columbia Sportswear Company – Apparel makers fell almost 10% after positive financial guidance missed analysts’ expectations. Columbia Sportswear expects revenues to rise between $1.00 and $1.20 per share in the third quarter with revenues of $904 million and $922 million, but analysts voted by FactSet supplied pencils with revenues of $936.5 million at $1.31 per share. The midpoint of the company’s full-year outlook has also been shortened. Coinbase Global – Crypto Trading Platform fell 9% to $1.5 billion compared to the LSEG consensus $1.6 billion after quarter revenue missed forecasts. Retail trading volume was $43 billion, with a $48.05 billion estimate from analysts voted by StreetAccount being under $485 billion. Eastman Chemical Co. – The Kingsport, Tennessee-based chemical maker slipped over 13% after a second-quarter earnings of $1.60 per share missed a fact set consensus estimate of $1.73 per share. Revenues of $2.29 billion were also below the expected $2.23 billion. -CNBC’s Sean Conlong and Yun Lee contributed to the report.
