Check out the companies making the biggest moves in stock trading after the Drugstore chain reported second quarter revenue and revenue beats: CVS Health: The stock price rose 7%. The company also boosted its adjusted profit outlook. Currently, the range of $6.30 to $6.40 per share for fiscal year 2025 is rising from the guidance of $6 to $6.20 per share. Comcast – The telecommunications giant added 6% after posting revenues of $1.25 per share against $303.1 billion in revenue for the second quarter. Analysts voted by LSEG expected Comcast to win $1.18 per share with revenues of $298.1 billion. Norway’s Cruise Line Holdings – Cruise inventory rose 12% after mixed results in the second quarter. Adjusted earnings of 51 cents per share were in line with expectations, but revenues of $2.52 billion fell short of the fact set consensus estimate of $2.56 billion. Norwegians repeated year-round guidance, citing strong demand. Meta Platform – Facebook parents jumped nearly 12% behind the second quarter revenue beat and third quarter outlook. Meta currently expects revenues of between $47.5 billion and $50.5 billion in the third quarter. Microsoft – Following Tech Giant’s beats on both the top and bottom lines, stocks have grown almost 9%. For the fourth quarter, revenue was $3.65 per share, compared to $3.37 per share, as analysts predicted in the LSEG poll. Revenue was $764.4 billion, up 18% from the previous year, surpassing the consensus estimate of $73.81 billion. CoreWeave – AI Cloud Computing Stock stocks rose 13% after an upgrade from CITI. The company said Microsoft’s strong quarterly figures indicate that demand for AI remains strong. Microsoft is CoreWeave’s top client. Western Digital – Shares rose 6% after the storage company reported adjusted earnings of $1.66 per share, exceeding the $1.48 per share expected by analysts voted by LSEG. Revenue of $2.61 billion won the consensus estimate of $2.47 billion. Anheuser-Busch Inbev – Brewer’s US list shares have sunk nearly 11%. The company reported a decline in volume in the second quarter, which was worse than feared. CIGNA – Healthcare stocks added 2% following the company’s second quarter financial results. Cigna earned $7.20 per share, earnings of $671.8 billion, with LSEG consensus estimates surpassing the $7.15 per share estimate of $62.4 billion in earnings of $7.15 per share. Bristol Myers Squibb – Drug inventory rose 3%. The company’s second quarter adjusted revenue was $1.46 per share against $12.27 billion in revenue. Analysts voted by LSEG were hoping for an EPS of $1.07 on revenue of $11.38 billion. Shake Shack – The stock slipped nearly 11% after the burger chain weakened its unexpected revenue guidance for the current quarter. Shake Shack said it was expected between $358 million and $364 million, and it was estimated that Analyst voted by Factset. Biogen – Stock rose almost 6% after beats on the top and bottom lines. Adjusted revenue for the second quarter was $5.47 per share, with an LSEG consensus estimate of $3.93 per share. Revenue was $2.65 billion, but the expected 2.333 billion. CARVANA – Online used car sellers surged 18% after second-quarter earnings of $1.28 per share exceeded a consensus estimate of $1.11 per share. Revenues of $4.84 billion were higher than the $4.59 billion forecast from analysts. Align Technology – Stocks sank nearly 30% after revenue and revenue from correction parts manufacturers in the second quarter missed expectations. Technology revenue guidance for the current quarter was also short of $1.04 billion analysts, which were expected by $1.04 billion analysts for $965 million per LSEG. QUALCOMM – Semiconductor companies fell 5% despite reporting beats at both the top and bottom. However, some of the revenues for that business segment were lighter than expected. ARM Holdings – Stocks fell 8% after UK semiconductor reported first quarter revenues when it failed to meet expectations. ARM Holdings recorded revenue of $1.05 billion, lower than the expected $1.06 billion by analysts voted by LSEG. The adjusted revenue of 35 cents was in line with expectations. eBay – Shares have skyrocketed nearly 12% after eBay posted better-than-expected second-quarter results, and issued a bright forecast this quarter. Online retailers earned $1.37 per share except items above the LSEG estimate of $1.30 or more. Revenue of $2.73 billion exceeded the expected $2.64 billion. Figma – The software developer is scheduled to make his debut on the New York Stock Exchange on Thursday under the ticker symbol. The initial public offering was $33 per share, surpassing expected range. Roblox – Stocks have skyrocketed over 18% after the online gaming platform raised year-round booking guidance and increased its average daily active users by 41% year-on-year. Roblox currently expects 2025 reservations to fall between $5.87 billion and $5.79 billion from previous guidance of $52.8 billion to $53.6 billion. That’s more than the $5.644 billion predicted by analysts in the FactSet poll. Second quarter revenue also raised expectations. —CNBC’s Alex Hurling, Sarah Minh and Pia Singh reported. Disclosure: Comcast is the parent company of CNBC amendments. Analysts voted by LSEG were hoping Bristol Myers would make $1.07 per share with revenues of $113.8 billion. Previous versions of the story incorrectly stated estimates.
