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News for India > Finance > Stocks making the biggest moves premarket: Apple, Estee Lauder, Roku, Reddit, Roblox and more
Finance

Stocks making the biggest moves premarket: Apple, Estee Lauder, Roku, Reddit, Roblox and more

Last updated: May 1, 2026 5:07 pm
4 hours ago
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Check out the companies making the biggest moves premarket: Apple — Shares were up 3.5%. For the fiscal second quarter , Apple’s earnings came in at $2.01 per share, while revenue landed at $111.18 billion. This beat the earnings of $1.95 a share and $109.66 billion in revenue analysts were looking for, per LSEG. Still, the company’s iPhone sales missed estimates for the second time in three quarters. Roku — The streaming stock popped 7% after Roku posted first-quarter revenue of $1.25 billion, beating the expected $1.20 billion, per FactSet. The company’s $148.4 million adjusted EBITDA was also ahead of estimates calling for $131.3 million. The company also sees adjusted EBITDA, revenue and gross profit for its current quarter coming above analysts’ expectations. Estee Lauder — Shares rose more than 11% after the cosmetics company reported better-than-expected third quarter sales in its earnings report. The company reported earnings of $0.91 per share and $3.71 billion in revenue, compared to estimates for $0.65 in earnings per share and $3.69 billion in revenue, according to analysts polled by FactSet. Estee Lauder also announced plans to cut more jobs as part of its turnaround plan. Amgen — The biotechnology stock slipped almost 2% after the company only slightly increased its guidance for the full year. Amgen is calling for adjusted earnings of $21.70 to $23.10 per share, up from its earlier guidance of $21.60 to $23 per share. The FactSet consensus estimate sought $22.33 per share. Rivian — Shares of the electric vehicle manufacturer tumbled almost 5% despite delivering a better-than-expected loss in its first quarter earnings report. Rivian reported a loss of 33 cents per share and $1.38 billion in revenue. Analysts polled by FactSet were braced for a loss of 63 cents per share and $1.37 billion in revenue. The automaker reaffirmed that it expects to sell 62,000 to 67,000 cars in 2026. Reddit — The social media platform operator jumped almost 15%. Daily active users in the first quarter narrowly beat estimates, coming in at 126.8 million versus the StreetAccount consensus forecast for 125.9 million. Adjusted EBITDA for the current quarter is expected to range from $285 million to $295 million, versus the FactSet consensus call for $275.7 million. Moderna — The biotechnology company rose 6% after posting a loss of $3.40 per share in its first quarter financial report, better than estimates for a loss of $4.45 per share, according to analysts polled by FactSet. Revenues also topped expectations at $389 million compared to estimates for $236.4 million. Moderna also reaffirmed it’s full-year revenue growth of up to 10%. Roblox — Shares of the online gaming platform tanked more than 24%. Roblox slashed its guidance for full-year bookings, calling for a range of $7.33 billion to $7.60 billion. That’s down from an earlier forecast of $8.28 billion to $8.55 billion. Second-quarter bookings are expected to range from $1.55 billion to $1.61 billion versus the $1.83 billion estimate per LSEG. Paramount Skydance — Shares of the media conglomerate jumped 4% after Morgan Stanley double upgraded the stock to overweight from underweight. The acquisition of Warner Brothers Discovery, cost savings from artificial intelligence and an increasing focus on growing the streaming and studio assets portend well for the company’s stock, the bank argued. Sandisk — The memory company fell 5% despite reporting fiscal third-quarter earnings that beat expectations. Sandisk delivered adjusted earnings of $23.41 per share and $5.95 billion in revenue, compared to expectations for $14.54 in earnings per share and $4.70 billion in revenue, according to analysts polled by LSEG. The company also gave better-than-expected guidance, but the stock’s decline comes after it has gained more than 360% in 2026. Twilio — Shares surged 19% after the cloud communications software maker reported first-quarter adjusted earnings of $1.50 per share, beating the $1.27 analysts polled by LSEG were looking for. Twilio’s $1.41 billion revenue also exceeded the $1.34 billion estimate. Meanwhile, for the current quarter the company sees its revenue coming in at a range higher than the Street’s estimate. Clorox — The consumer products company tumbled 5.5% after delivering an earnings beat in its fiscal third quarter report. Clorox reported $1.64 in earnings per share compared to analysts polled by FactSet’s expectation for $1.55 in earnings per share. Revenue came in-line with expectations at $1.67 billion. But investors worried about Clorox cutting it’s full-year profit outlook as consumers become more selective with their spending amid higher gas prices. Monolithic Power Systems — Shares slid 2% even as the maker of power management semiconductors chips reported better-than-expected first-quarter earnings of $5.10 per share, excluding items, on revenue of $804.2 million. The company also said it prevailed in a patent suit brought by Bel Power Solutions. Western Digital — The data storage company’s stock fell 8% even as its fiscal third-quarter results and fourth-quarter outlook topped expectations. For the fourth quarter, the company, which recently rebranded as WD, expects adjusted earnings of $3.25 per share, plus or minus 15 cents per share. It predicted revenue of $3.65 billion, plus or minus $100 million. WD shares have soared 74% over the past three months, and have been one of the S & P 500′s top performers this year. The stock popped after rival Seagate crushed earnings estimates this week. Dexcom — Shares of the maker of continuous glucose monitoring systems fell 3% despite better-than-expected earnings. For the first quarter, Dexcom earned 56 cents per share, excluding items, on $1.19 billion in revenue. According to FactSet, analysts expected it to earn 47 cents per share on revenue of $1.17 billion. For 2026, Dexcom reiterated its revenue estimate of $5.16 billion to $5.25 billion. The consensus estimate is $5.23 billion. GoDaddy — The website builder popped 3.5% after reporting first-quarter earnings of $1.60 per share on revenue of $1.27 billion, beating the earnings of $1.52 per share and $1.26 billion in revenue analysts had expected, per FactSet. GoDaddy’s free cash flow for the quarter of $473.6 million also beat the anticipated $454.2 million. — CNBC’s Christina Cheddar Berk and Darla Mercado contributed reporting.



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TAGGED:AMC Entertainment Holdings IncAmgen IncApple IncBreaking News: MarketsBusinessBusiness NewsClorox CoDexcom IncDividendsEconomyEstee Lauder Companies IncGoDaddy InciPhoneMarket InsiderMarketsModerna IncMonolithic Power Systems IncParamount Skydance Corpregwall-marketmoversRivian Automotive IncRoblox CorpRoku IncSanDisk CorpSeagate Technology Holdings PLCStock marketsTwilio IncWestern Digital Corp
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