Check out the companies making headlines in front of the Bell: Alibaba – The Chinese e-commerce giant has confirmed that its shares are up over 3% after the Wall Street Journal reported that it created more sophisticated chips to fill the gap left by Nvidia, who encountered the issue of selling chips in China. Nvidia Shares extended its recent losses, down about 1% from pre-market. Caterpillar – The industrial giant’s stock lost nearly 3% in pre-market trading after warning that it needed a hit of between $1.5 billion and $1.8 billion this year due to tariffs. Dell Technologies – Tech Stock reduced 5% by 5% after providing third-quarter earnings per share guidance under Wall Street’s expectations. However, Dell still won on the top and bottom lines of the latest quarter. Ulta Beauty – Cosmetics and beauty products retailers surged about 4% after raising their full year revenue and revenue forecasts. Ulta expects annual revenues of between $12 billion and $12.1 billion, exceeding the estimated $11.7 billion from analysts voted by LSEG. Ulta expects full-year profits of between $23.85 and $24.30 per share, while analysts were hoping for $23.65. Affirm Holdings – Buy-Now-Pay-Later Fintech providers collected 15% after quarter revenue and revenue beat analyst estimates. AFFIRM scored 20 cents per share with revenue of $876 million, while analysts voted by LSEG were looking for 11 cents per share at $837 million. Autodesk – Stocks rose 9.9% following strong second-quarter earnings report. The software company won $2.62 per share excluding items with revenue of $1.76 billion, while analysts voted in pencil at $2.45 per share and $1.73 billion. Autodesk has also posted bright guidance for this quarter and the full year. Sentinelone – Cybersecurity inventory posted second-quarter adjusted revenues at 4 cents per share, up 8% after LSEG defeated the 3 cent analyst voted in. Sentinelone’s current quarterly revenue guidance exceeds LSEG’s consensus, and the company also increased its fiscal year revenue guidance scope from previous estimates. Ambarella – Stocks surged 18% after Fabless Semiconductor Design Company raised its outlook due to demand for powerful artificial intelligence and reported the second quarter. The company expects revenue of $379 million for fiscal year 2026, exceeding the consensus estimate of $350 million from LSEG. Following the upgrade at Dollar Tree – Telsey Advisory Group, discount retailers have risen nearly 1% to outperform market performance. The company believes Dollar Tree has a path to multi-year growth now that it sells family dollars. – Reported by CNBC’s Alex Hurling, Michelle Fox, Sarah Minh and Lisa Han.
The biggest moves stock localities: Baba, Ulta, Dell, Cat
