Gap, Broadcom and Walgreens rise premarket; Hewlett Packard Enterprise slumps




 US stock futures edged higher on Friday, though they were still on track for weekly losses amid trade tariff uncertainty ahead of key unemployment data.

Here are some of the biggest premarket US stock movers today:

  • Broadcom (NASDAQ:AVGO): Stock rose 10% after the chipmaker alleviated investor concerns about artificial intelligence infrastructure demand with a strong second-quarter forecast.

  • Hewlett Packard Enterprise (NYSE:HPE): Stock slumped 20% after the AI-server maker stated that its annual profit forecast would be impacted by U.S. tariffs in an intensely competitive market.

  • Super Micro Computer (NASDAQ:SMCI): Shares fell 0.5% despite the embattled server maker submitting long-awaited financial filings to the Securities and Exchange Commission.

  • Gap (NYSE:GAP): Stock surged 16% after the apparel company exceeded fourth-quarter sales and profit estimates. The retailer’s turnaround strategy helped attract customers to its brands, including Old Navy and Banana Republic, during the holiday quarter.

  • Costco (NASDAQ:COST): Stock dipped 1.6% after the wholesale retailer reported lower-than-anticipated fiscal second-quarter profit. However, revenues topped expectations as consumers, wary of potential inflationary impacts from U.S. tariffs, turned to bulk buying.

  • Walgreens Boots Alliance (NASDAQ:WBA): Stock jumped 6.4% after the pharmacy chain agreed to be taken private by Sycamore Partners for $10 billion, marking the end of nearly a century of trading on public markets for the U.S. pharmacy giant.

  • Jack In The Box (NASDAQ:JACK): Stock gained 1.6% after the fast-food outlet reported strong fiscal first-quarter operating earnings.

  • Workday (NASDAQ:WDAY): Stock rose 0.1% after the manufacturer of human resources software beat fourth-quarter earnings expectations.


Popular posts from this blog

Toto Wolff Sells Mercedes F1 Stake George Kurtz Invests

Image
🕓 Estimated Reading Time: 7 minutes Overview In a significant development for the world of Formula 1, Toto Wolff, the esteemed Team Principal and CEO of the Mercedes-AMG Petronas F1 Team, has reportedly divested a portion of his substantial stake in the championship-winning outfit. The transaction involves Wolff selling a 1/5 (20%) segment of his personal shareholding to George Kurtz, the prominent CEO of CrowdStrike. This F1 stake sale represents a notable shift in the investment landscape surrounding one of motorsport’s most successful teams, bringing a well-established technology leader into a more intimate ownership role. The move underscores the increasing appeal of Formula 1 as a prime investment vehicle and highlights the strengthening ties between the team and its long-standing partners. Background & Context Toto Wolff’s journey with Mercedes-AMG Petronas F1 Team began in 2013 when he joined as Team Principal and acquired a 30% stake. His tenure has been marked by unparal...
Read more

ACND Approves Budget, Rates, and Infrastructure Grants

Image
🕓 Estimated Reading Time: 5 minutes Overview The Aquilla Creek Nature District (ACND) board recently convened to pass a series of pivotal measures set to shape the district's financial trajectory and recreational infrastructure. Key approvals included significant ACND budget adjustments , the introduction of new Aquilla Creek event rates for facility usage, and the allocation of substantial infrastructure grants aimed at enhancing the district's natural spaces. These decisions, made during a board meeting that saw unanimous support for all proposals, are anticipated to have a far-reaching impact on local residents and visitors, promising improved amenities and sustainable financial management. The approved budget modifications reflect a dynamic approach to fiscal responsibility, while the revised event rates seek to optimize revenue generation for the popular Aquilla Creek Event Center. Concurrently, the significant grant funding is earmarked for critical developments, inclu...
Read more

NVIDIA Earnings Impress AI Market Continues Surge

Image
🕓 Estimated Reading Time: 5 minutes Overview NVIDIA, the leading designer of graphics processing units (GPUs) and a pivotal force in artificial intelligence, has once again delivered an exceptional NVIDIA earnings report, significantly surpassing market expectations and reinforcing its unparalleled position in the rapidly expanding AI market . The financial results underscore the insatiable demand for high-performance computing necessary to power the next generation of artificial intelligence applications, from large language models to complex data analytics. This strong performance is not merely a testament to NVIDIA's technological prowess but also a clear indicator of the transformative power and economic momentum behind the global AI revolution. Investors and industry observers alike were closely watching these figures, understanding that NVIDIA's trajectory often serves as a bellwether for the broader technology landscape. The company's consistent ability to innovate...
Read more

SwitchBot RGBICWW Smart LED Strip Arrives with Apple Home

Image
🕓 Estimated Reading Time: 5 minutes Overview SwitchBot, a prominent innovator in smart home technology, has officially announced the global launch of its new SwitchBot RGBICWW LED strip . This latest addition to their extensive product line promises to redefine ambient lighting experiences with its advanced RGBICWW technology and, significantly, its native integration with Apple Home, formerly known as Apple HomeKit. The introduction of this smart lighting solution marks a strategic expansion for SwitchBot, bringing enhanced functionality and broader compatibility to a wider user base. Designed to cater to the growing demand for customizable and interconnected smart home environments, the LED strip is poised to become a notable contender in the competitive smart lighting market. The new LED strip distinguishes itself with its ability to deliver a comprehensive spectrum of lighting options, combining vivid RGB colors with dedicated warm white and cool white diodes. This ensures users c...
Read more

WeRide Robotaxi Revenue Surges 836% Amid Global Expansion

Image
🕓 Estimated Reading Time: 4 minutes Overview Background & Context Implications & Analysis Reactions & Statements What Comes Next Conclusion Overview The global landscape of autonomous driving is witnessing unprecedented acceleration, underscored by recent reports highlighting a monumental surge in revenue for leading players. One such entity, WeRide , a prominent L4 autonomous driving technology company, has announced an astonishing 836% increase in its robotaxi revenue. This remarkable growth signifies a pivotal moment for the company and the broader autonomous mobility sector, reflecting maturing technology, expanding service areas, and growing consumer adoption. The surge, reported by Benzinga in a press release dated July 16, 2025, positions WeRide as a key player in the commercialization of self-driving services. This financial milestone is not merely a number; it represents the tangible realization of years of research, development, and strategic global expa...
Read more

Top Video Game Stocks to Research Right Now

Image
Top Video Game Stocks to Research Right Now 🕓 Estimated Reading Time: 8 minutes The global video game market continues its robust growth, attracting significant investor interest. Key segments include console, PC, mobile, and emerging areas like cloud gaming and esports. Thorough research is crucial for identifying promising investment opportunities amidst market volatility. Companies with strong intellectual property, diversified revenue streams, and innovative technologies are often considered stable. Future trends, including technological advancements and evolving consumer habits, will shape the industry's landscape. Overview The video game industry has transcended its niche origins to become a global entertainment powerhouse, consistently demonstrating resilience and growth, even amidst broader economic shifts. With billions of players worldwide and rapid technological advancements, the sector presents a compelling landscape for investors. As of late July, many analysts are fo...
Read more

Space-Based Network Market Projected to Reach $50 Billion

Image
🕓 Estimated Reading Time: 5 minutes Overview The global landscape of connectivity is poised for a significant transformation, with the market for space-based networks projected to achieve a staggering valuation of US$50.2 billion by the year 2033. This optimistic space-based network market forecast, released by Astute Analytica and reported by GlobeNewswire on August 5, 2025, underscores a monumental shift towards orbital infrastructure as a primary driver of global communication and data services. The projection highlights an increasing reliance on satellite technology to bridge digital divides, enhance existing terrestrial networks, and enable a new generation of applications across diverse industries worldwide. Background & Context For decades, satellites have played a crucial role in global telecommunications, primarily through geostationary (GEO) orbit satellites providing broad but latency-prone coverage. However, the past few years have witnessed an unprecedented accelerat...
Read more

Cloudian Simplifies AI Data Storage Needs

Image
🕓 Estimated Reading Time: 5 minutes Overview In a significant development poised to reshape the infrastructure supporting artificial intelligence, Cloudian , a leading provider of object storage systems, has unveiled advancements specifically designed to simplify and optimize the demanding data storage requirements for AI workloads. This strategic enhancement addresses a critical bottleneck in the widespread adoption and scaling of AI initiatives across various industries, promising more efficient and cost-effective data management for organizations pushing the boundaries of machine learning and deep learning. The announcement, initially detailed by MIT News on August 6, 2025, highlights Cloudian's commitment to providing robust AI data storage solutions tailored for the escalating scale and complexity of AI-driven operations. Background & Context The explosion of artificial intelligence has created an unprecedented demand for data. From training large language models to powe...
Read more

Princeton Secures State Grant for First Multi-Purpose Field

Image
🕓 Estimated Reading Time: 5 minutes Overview Princeton, West Virginia, is set to embark on a significant community development project following the announcement of a substantial state grant. The city has successfully secured $500,000 in funding, earmarked for the creation of its first dedicated princeton multi-purpose field . This landmark initiative is poised to transform local recreational opportunities, providing a modern facility for various sports and community events. The funding, a critical injection from state resources, underscores a commitment to enhancing public amenities and fostering a healthier, more engaged populace in Mercer County. This project represents a pivotal step towards bolstering princeton community recreation , promising widespread benefits for residents of all ages. Background & Context For years, Princeton has sought to expand its athletic and recreational infrastructure to meet the growing demands of its population. The absence of a modern, versatile...
Read more

Top Robot Vacuums Expert Picks for Your Home

Image
🕓 Estimated Reading Time: 5 minutes Overview In an increasingly automated world, the pursuit of convenience extends to every corner of our homes, notably in the realm of domestic chores. The advent and rapid evolution of robotic cleaning devices have revolutionized how we approach maintaining floor hygiene, offering a hands-free solution to a perennial task. For many homeowners, discerning the best robot vacuum has become a key consideration for streamlining household management. This comprehensive guide delves into the expert picks, crucial features, and considerations necessary to navigate the diverse market of these sophisticated cleaning assistants, ensuring you find a model that perfectly suits your living space and lifestyle. Background & Context The concept of robotic cleaning has progressed significantly since the early 2000s, transforming from rudimentary, often unpredictable machines into highly intelligent devices capable of advanced navigation, powerful suction, and s...
Read more