Check out the companies that are making the biggest moves. Apple – The iPhone maker has won more than 5% after White House officials confirmed that the company will invest another $100 billion in the US, bringing Apple’s total US investment to $600 billion over the next four years. Grocery Outlets – Discount grocery stores have raised 38% after reporting revenue for the second quarter when the company broke the streets. Grocery Outler won 23 cents per share, breaking the fact set consensus of 17 cents per share. The full-year revenue guidance also surpasses estimates. Bloomin’ Brands – The restaurant chain plummeted 28.4% after offering weaker guidance for the current quarter and full year. It overshadowed a revenue report that was better than expected for the second quarter. VIASAT – Communications service inventory surged more than 24% after stronger results than expected. Viasat reported first-quarter earnings per share of $101.7 billion, 17 cents. Analysts voted by FactSet were expecting a loss of 65 cents per share on revenue of $11300 billion. Scholar Rock – Unprofitable biotechnology fell 6% as research and development expenses jumped to $62.4 million in the second quarter, far surpassing the estimated street $46.6 million. The Q2 loss per share was also wider than expected. Capri Holdings – The makers of Jimmy Choo Shoes and Michael Kors handbags jumped over 11% in first quarter revenues, excluding Beat Analyst estimates, including one-off items, operating profits and revenue. Second quarter revenue guidance exceeded the streets penciled before reporting. LIMBACH – HVAC and building management contractors plunged 19% after revenue for the second quarter reached the highest estimate of the street, and net cash from operating activities slid from $16.5 million to $2 million, according to analyst numbers compiled by FactSet. McDonald’s – Fast Food giant stocks earned more than 2% after its second quarter results surpassed analyst estimates. McDonald’s won $3.19 per share, adjusted for revenue of $6.844 billion. Analysts voted by LSEG were looking for $3.15 per share in profits and $6.7 billion in revenue. Walt Disney – The media and entertainment giants slipped over 2% behind quarterly mixed results. Third quarter revenue was $23.65 billion, excluding the $23.73 billion estimate from LSEG. Adjusted revenue was $1.61 per share, exceeding the consensus estimate of $1.47. SNAP – Social media platforms pulled back nearly 18% after second quarter revenue missed analyst estimates. The company reported revenue of $1.34 billion, with analysts voted by LSEG looking for $1.35 billion. Arista Networks – The network equipment company’s shares rose 17%, following the expected second-quarter results that were more predicted than expected. Arista Networks earned an adjusted 73 cents per share with $2.2 billion in revenue, while analysts voted by LSEG were looking for revenues of 65 cents per share and revenue of $6.1 billion. Opendoor Technologies – Stock in online housing real estate stocks plummeted more than 22% after issuing a weaker than expected third quarter outlook. Opendoor said revenues are expected to be between $800 million and $875 million, but the analysts voted for by FactSet were looking for $1.2 billion. Stocks have seen record trading volumes in recent months, attracting attention from retailers who have so far pushed stocks up more than 36% in August. It’s been five times since the beginning of July. Uber Technologies – Stock fell 1%. The ride company reported second-quarter revenue of 63 cents per share, in line with consensus estimates. The expected revenue of $12.65 billion for analysts voted by LSEG exceeded $12.466 billion. Advanced Micro Devices – Chipmaker stocks fell more than 6% after a disappointing second quarter revenue report. Adjusted earnings of 48 cents per share were shy about LSEG estimates. The company tracks Nvidia in the market for graphics processing units or GPUs. Rivian Automotive – Shares in the electric vehicle company fell 2% as quarter results missed analyst estimates. Libian reported an over-expected loss of 80 cents per share, adjusted. Analysts voted by LSEG were looking for an adjusted loss of 65 cents per share. Upstart Holdings – The artificial intelligence-driven lending market lost almost 17% despite providing strong revenue reports and outlook. Upstarts smashed LSEG consensus forecasts of 36 cents adjusted to $257 million per share, breaking the LSEG consensus forecast of 26 cents per share and revenue of $225 million. Hinge Health – Shares surged more than 10% after quarter revenues were strengthened beyond expectations. Hinge Health reported revenue of $139 million, but analysts surveyed by LSEG were looking for $125 million. The result is Hinge Health’s first quarter printing as a public company. Lucid Group – Electric vehicle inventory fell 9% after adjusting its production outlook for 2025. Lucid plans to produce between 18,000 and 20,000 vehicles compared to previous 20,000 forecasts. Lucid’s second quarter results also missed analyst estimates. Bridgebio Pharma – Shares were more than 11% lower after the pharmaceutical company reported a wider second-quarter loss than analysts expected. Bridgebio lost 95 cents per share compared to a fact set forecast of a loss of 79 cents per share. Super Microcomputer – Server Stock plunged 21% after a weaker than expected four quarter results. Super Micro scored 41 cents per share with revenue of $5.76 billion, while analysts voted by LSEG were looking for revenue of $44 cents per share and $5.89 billion. The company’s first quarter outlook also missed analyst estimates. Match Group – Online Dating Services stocks won 8% after issuing a stronger third-quarter revenue perspective than expected. Match Group expects revenues to be between $910 million and $920 million for the current quarter, but analysts voted by LSEG were looking for $890 million. – Reported by CNBC’s Scott Schnipper, Alex Harring, Brian Evans, Michelle Fox, Yun Li and Sarah Min.
