Check out the companies that make headlines before the bell. Eli Lilly – Pharmaceutical stocks fell more than 7% despite posting second quarter revenue and revenue beats. The company also raised guidance on both full year and revenue. Meanwhile, Eli Lily reported that the highest dose of experimental daily pills helped obese patients lose about 12% of their body weight (about 27 pounds) in 72 weeks in a late stage trial. Peloton – Stocks surged 10% after athletic equipment maker reported fourth-quarter revenue of $606.9 million, beating the $580 million analyst voted by LSEG. The company won five cents per share, but analysts expected a loss of six cents per share. Airbnb – Travel rentals saw a 6% decline in stock markets in stocks. The second quarter results beat analyst expectations, but the company predicts it will be weaker later this year. Third quarter revenue is estimated at between $4.02 billion and $41 billion. Analysts had forecast revenue of $4.05 billion for that period. Doordash – Food delivery company raised 7% with revenue reports that were better than expected in the second quarter. Doordash won 65 cents per share with revenue of $3.28 billion, while analysts voted in pencil for 44 cents and $3.16 billion. ELF Beauty – Stock grabbed 11% after cosmetics makers said their profits, which fell 30% year-on-year, have been hit by new tariffs on Chinese goods. The ELF refused to estimate its 2026 revenue due to “a wide range of potential outcomes,” and instead issued guidance only for the first half of the fiscal year. DraftKings – Sports Betting stocks rose 7% after recording second-quarter earnings of 30 cents per share, breaking LSEG estimates of 15 cents per share. The company’s $1.510 billion revenue also exceeded the expected $1.41 billion. Additionally, Draftkings said it expects revenues to land in 2025 to the $6.2 billion range cap. Duolingo – Language learning apps rose 28% after posting second-quarter beats on both the topline and bottomline. Duolingo also steered revenues for the current quarter to $257 million in the $261 million range, while analysts voted by LSEG supplied pencils at $253 million. Intel – Stocks fell about 2% after President Donald Trump said on social media that Intel CEO Lip-Bu Tan should resign. Though he doesn’t mention Tan by name, Trump called the executives “very conflicted” in his Thursday morning post on true social. IONQ – Stocks fell 5% after Quantum Computing Company reported a second-quarter loss of 70 cents per share. However, IONQ’s $20 million revenues earned an estimate calling for $17.2 million. Fortinet – Cybersecurity stocks fell 22% after Fortinet issued inactive guidance on third-quarter revenues and reported second-quarter revenues of $1.63 billion. Following that printing, Morgan Stanley Piper Sandler and KeyBanc downgraded their shares. HUBSPOT – The stock rose 7% after the software company reported second-quarter adjusted earnings of $2.19 against revenue of $76,000.9 million, while analysts voted by FactSet were expecting $2.12 per share and revenue of $739.4 million. HubSpot also shared third-quarter and full-year guidance that exceeded estimates. Dutch Brothers – Stocks skyrocketed 20% after the coffee chain recorded second-quarter revenue and revenue beats. Sales of the Dutch Brothers attended increased by 6.1% year-on-year. The company also sourced guidance for the same store sales and coordinated EBITDA for the whole year. MetLife – Insurance providers dropped 2% behind their disappointing second quarter financial results. Adjusted earnings of $2.02 per share were not below the expected $2.15 per share expected from analysts voted by LSEG. MetLife’s adjusted revenues reached $179.2 billion, compared to a consensus estimate of $18.54 billion. Aris Water Solutions – Water infrastructure stock rose 20% as Western Midstream Partners announced it was expected to close in the fourth quarter, with the acquisition of Aris Water Solutions in an equity and cash transaction worth approximately $1.5 billion. Western Midstream Partners’ stake was less than 1% in the end. Topgolf Callaway Brands – Shares rose 10% after the golf and active lifestyle company recorded second-quarter adjusted earnings of 24 cents per share with revenue of $1111 billion. Analysts were looking for 2 cents per share and $1.09 billion in revenue per fact set. Rogers Corp. – Engineering – Material inventory rose about 2% after activist investors’ right board value built more than 9% in the company in a securities filing disclosed on Wednesday. Starboard’s latest 13F filing revealed that as of March 31, it holds an approximate position in the company of 1%. FireflyAerospace – Texas-based Rocket Maker shares will debut on Nasdaq on Thursday under the “fly” ticker symbol. On Wednesday, the IPO was priced at $45 each. This was beyond what we expected. – Reported by CNBC’s Michelle Fox, Alex Hurling and Yun Lee.
