Today's Morning Movers and Top Ratings | AVGO, NVDA, PATH and More

$UiPath (PATH.US)$ surged by 8.2% after the company raised its annual guidance and reported second-quarter results that exceeded Wall Street estimates. Additionally, the software maker increased its share buyback program by $500 million.

$Samsara (IOT.US)$ jumped 5.2% following stronger-than-expected second-quarter results from the application software firm, which also raised its annual outlook.

$Broadcom (AVGO.US)$ slumped by more than 7% in premarket trading after its current-quarter sales guidance fell slightly short of investors' expectations, projecting $14 billion in revenue, just under the $14.04 billion estimated, indicating possible sluggishness in its non-AI-related operations.

$NVIDIA (NVDA.US)$ , $Advanced Micro Devices (AMD.US)$ , $Marvell Technology (MRVL.US)$ , and $Micron Technology (MU.US)$ all declined following Broadcom's disappointing report.

$Mobileye Global (MBLY.US)$ shares fell by more than 3% after reports that Intel was considering options for its holdings in the automated driving systems group.

$DocuSign (DOCU.US)$ saw its shares lower in premarket trading despite better-than-expected earnings and revenue for the second quarter, as its guidance did not meet investor expectations.