Today's Morning Movers and Top Ratings: NVDA, PARA, EXPE and More
Morning Movers
Gapping up
$NVIDIA (NVDA.US)$ stock increased by 1.0%, with analysts at Barclays suggesting that the chipmaker's forthcoming earnings report may be a significant driver for Big Tech stocks.
$Paramount Global-B (PARA.US)$ stock climbed 4.3% as the entertainment company surpassed profit expectations and its streaming business reported its first quarterly profit in three years. The company also revealed plans to reduce 15% of its U.S. workforce in a cost-cutting effort.
$Expedia (EXPE.US)$ stock soared over 8.9% after the online travel agency exceeded quarterly projections, despite noting a softening in travel demand in July.
$SoundHound AI (SOUN.US)$ AI stock inched up 0.4% following the artificial intelligence voice provider's revenue beat for the second quarter and an upward revision of its full-year revenue forecast.
$Take-Two Interactive Software (TTWO.US)$ stock jumped 6.5% with the company projecting net bookings growth in the fiscal years 2026 and 2027. This comes as the video game publisher prepares for next year's highly anticipated release of "Grand Theft Auto VI."
$Disney (DIS.US)$ stock edged 0.2% higher prior to its D23 fan convention, where the entertainment titan is expected to reveal details about upcoming films.
$Akamai (AKAM.US)$ stock advanced 5.4% as the cloud computing firm reported quarterly results that outshone expectations, with revenues exceeding the billion-dollar threshold in the third quarter.
Gapping down
$Array Technologies (ARRY.US)$ s stock plummeted 11.7% after the solar energy technology company revised its annual guidance downward.
$e.l.f. Beauty (ELF.US)$ stock dropped 7.8% following the cosmetics firm's issuance of cautious guidance, despite increasing annual sales and profit forecasts after surpassing first-quarter estimates.
Source: CNBC; Investing.com
US Top Rating Updates on 08/09
Source: Dow Jones
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo Official Account
Chasing hot stocks
44KFollowers
14Following
38KVisitors
Follow
101550592 :
74423696 : Hello dear, good morning. I like to have presentations , but I don’t have any education about investment I sham without any experience and education speak. Please if it’s possible write something important for me and I will speak about that.
74423696 : Thank you so much for your support ,
72664715 : All this information I need to read and iam taking dictation right now
72664715 : She has another appointment at 9am and at 9:30
72664715 74423696 : Likewise please would you like to schedule a time with Jacqueline for Saturday she booked solid today
72664715 : Saturday a 9:35 am , 11:30am or 4:30
72664715 : She is book solid next week with appointment
Dipu vai : 8000rm
Dipu vai : Argeng
View more comments...