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24H | Arista Surges 11%; Booking Jumps 5%; RKLB Rises 3%; SpaceX Drops 7%; AMD Falls 9%

US Overnight08:15

Dow Futures rose 0.19%, S&P 500 Futures rose 0.19%, Nasdaq Futures fell 0.03%, as sentiment leaned cautiously optimistic.

Arista Networks surged 11.28%. The move followed Q2 beats and above-consensus Q3 guidance.

Booking Holdings (BKNG) jumped 5.27%. Q2 EPS and revenue beat, with solid international and U.S. demand.

AppLovin Corporation (APP) gained 3.59%. UBS and Wedbush hiked targets ahead of Q2 results.

Rocket Lab USA, Inc. (RKLB) advanced 2.81%. The company won a $397 million U.S. Space Force contract.

NVIDIA climbed 2.04%. SpaceX said it would use NVIDIA systems exclusively for AI infrastructure.

Lucid Group Inc tumbled 8.87%. Q2 loss widened and mid-size platform launch was delayed to 2H 2027.

Advanced Micro Devices (AMD) fell 8.72%. Q3 revenue guidance disappointed despite a Q2 beat and data center strength.

Opendoor Technologies Inc (OPEN) slid 8.25%. A wider-than-expected Q2 GAAP loss overshadowed revenue.

SpaceX dropped 7.28%. Heavy AI capex and a looming lockup offset a strong revenue beat.

Coupang, Inc. declined 5.84%. Q2 missed and a record data-breach fine drove a net loss.

Intel slipped 2.59%. Flows highlighted a large long-dated bear call spread capping upside.

Chip stocks fell, with Astera Labs, Inc. (ALAB) falling 1.01%.

Among other individual movers, Shopify climbed 2.39%, AXT Inc declined 2.25%, Toyota slid 3.43%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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