{"id":575632,"date":"2026-08-05T15:18:39","date_gmt":"2026-08-05T15:18:39","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/575632\/"},"modified":"2026-08-05T15:18:39","modified_gmt":"2026-08-05T15:18:39","slug":"shopify-surges-amd-slides-premarket-as-earnings-disappoint","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/575632\/","title":{"rendered":"Shopify surges, AMD slides premarket as earnings disappoint"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Investing.com &#8211; U.S. stock index futures were broadly higher on Wednesday as investors drew cautious optimism from signs that negotiations to reopen the Strait of Hormuz could be gaining traction, although disappointing reactions to earnings from Advanced Micro Devices and privately held SpaceX tempered enthusiasm for technology shares.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">By 05:49 ET (09:49 GMT), Dow futures had risen 142 points, or 0.3%, while S&amp;P 500 futures gained 23 points, or 0.3%. Nasdaq 100 futures were little changed as weakness in semiconductor stocks offset gains elsewhere in technology.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Shares of Advanced Micro Devices fell 8.8% in premarket trading after the chipmaker&#8217;s revenue outlook failed to convince investors that the multibillion-dollar artificial intelligence spending boom would translate into faster growth.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Sentiment was also dented after SpaceX said it would build its computing infrastructure exclusively with Nvidia chips, highlighting the challenges AMD faces in winning marquee AI customers.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Shopify jumped 26% after the e-commerce platform posted second-quarter revenue of $3.58 billion, topping analysts&#8217; expectations of $3.45 billion, while adjusted earnings per share of $0.42 also beat estimates. Gross merchandise volume rose 32% from a year earlier and free cash flow climbed to $654 million, reinforcing confidence in the company&#8217;s accelerating growth.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Healthcare stocks were also in focus. Eli Lilly gained 5.7% after reporting another strong quarterly earnings beat and raising its full-year revenue guidance, extending momentum driven by robust demand for its diabetes and obesity treatments. Medical technology company GE HealthCare advanced 12.3% after beating Wall Street estimates on both revenue and profit for the second quarter.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Software firm Dynatrace climbed 12% after first-quarter fiscal 2027 results topped expectations and several brokerages lifted their price targets, while online education provider Stride rose 10.6% after reporting stronger-than-expected quarterly earnings and reaffirming its long-term financial targets.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Digital Turbine soared 28.2% after posting sharply higher quarterly revenue and profit and raising its full-year guidance, while Disney gained 4.7% after reporting a strong profit beat and announcing plans to repurchase $9 billion of shares during fiscal 2026.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Among decliners, Eos Energy Enterprises dropped 18.2% after confirming a return to losses despite reporting record quarterly revenue, reigniting concerns over its path to profitability.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Vishay Precision Group slid 19.4% after a sharp GAAP earnings miss and weaker-than-expected third-quarter revenue guidance overshadowed a modest adjusted earnings beat.  <\/p>\n","protected":false},"excerpt":{"rendered":"Investing.com &#8211; U.S. stock index futures were broadly higher on Wednesday as investors drew cautious optimism from signs&hellip;\n","protected":false},"author":2,"featured_media":532754,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[11839,114,85,46,49904,76504,182145,160329,98504],"class_list":["post-575632","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-advanced-micro-devices","tag-business","tag-il","tag-israel","tag-quarterly-earnings","tag-revenue-guidance","tag-revenue-outlook","tag-stock-index-futures","tag-technology-shares"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/575632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=575632"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/575632\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/532754"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=575632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=575632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=575632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}