Check out the companies making headlines before the bell. Eli Lilly — The pharmaceutical stock dropped more than 7% despite posting a second-quarter earnings and revenue beat . The company also raised guidance for both its full-year earnings and revenue. Meantime, Eli Lilly reported that the highest dose of an experimental daily pill helped patients with obesity lose around 12% of their body weight , or approximately 27 pounds, at 72 weeks in a late-stage trial. Peloton — Shares surged 10% after the exercise equipment manufacturer reported fiscal fourth-quarter revenue of $606.9 million, beating the $580.2 million analysts polled by LSEG had expected. The company earned 5 cents a share, while analysts had anticipated a loss of 6 cents a share. Airbnb — The travel rental company saw shares falling 6% in premarket. While its second-quarter results beat analysts’ expectations, the company is forecasting a weaker second half of the year. Third-quarter revenue is estimated to be between $4.02 billion and $4.10 billion. Analysts were predicting $4.05 billion in revenue for the period. DoorDash — The food delivery company rallied 7% on a better-than-expected earnings report for the second quarter. DoorDash earned 65 cents per share on $3.28 billion in revenue, while analysts polled by LSEG penciled in 44 cents and $3.16 billion. E.l.f. Beauty — Shares stumbled 11% after the cosmetics manufacturer said that its profits, down 30% year-over-year , took a hit from new tariffs on China goods. E.l.f. declined to estimate fiscal 2026 revenue due to a “wide range of potential outcomes” and instead issued guidance only for the first half of the fiscal year. DraftKings — The sports betting stock gained 7% after posting second-quarter earnings of 30 cents per share, beating LSEG estimates of 15 cents per share. The company’s $1.51 billion revenue also exceeded the anticipated $1.41 billion. Additionally, DraftKings said it expects its 2025 revenue to land at the higher end of its $6.2 billion to $6.4 billion range. Duolingo — The language learning app soared 28% after posting a second-quarter beat on both the top and bottom lines. Duolingo also guided for current-quarter revenue in the range of between $257 million to $261 million, while analysts polled by LSEG had penciled in $253 million. Intel — Shares fell about 2% after President Donald Trump said on social media that Intel CEO Lip-Bu Tan should resign . While not referring to Tan by name, Trump called the executive “highly CONFLICTED” in a Thursday morning post on Truth Social. IonQ — Shares slipped 5% after the quantum computing company reported a second-quarter loss of 70 cents per share, wider than the 29 cents analysts polled by FactSet had expected. However, IonQ’s $20.7 million revenue beat estimates calling for $17.2 million. Fortinet — The cybersecurity stock fell 22% after Fortinet issued lackluster guidance for its third-quarter revenue and reported second-quarter revenue of $1.63 billion, matching expectations. Following its print, Morgan Stanley Piper Sandler and KeyBanc downgraded shares. HubSpot — Shares climbed 7% after the software company reported second-quarter adjusted earnings of $2.19 per share on revenue of $760.9 million, while analysts polled by FactSet had expected $2.12 per share and $739.4 million in revenue. HubSpot also shared third-quarter and full-year guidance that exceeded estimates. Dutch Bros — Shares surged 20% after the coffee chain posted a second-quarter earnings and revenue beat. Dutch Bros’ same-store sales rose 6.1% year over year. The company also raised its guidance for its full-year same-store sales and adjusted EBITDA. MetLife — The insurance provider shed 2% on the back of its disappointing second-quarter financial results. Its adjusted earnings of $2.02 per share fell short of the $2.15 per share expected from analysts polled by LSEG. MetLife’s adjusted revenue came in at $17.92 billion, versus the $18.54 billion consensus estimate. Aris Water Solutions — The water infrastructure stock climbed 20% after Western Midstream Partners announced it would be acquiring Aris Water Solutions in an equity-and-cash transaction worth about $1.5 billion and expected to close in the fourth quarter. Shares of Western Midstream Partners were last down less than 1%. Topgolf Callaway Brands — Shares popped 10% after the golf and active lifestyle company posted second-quarter adjusted earnings of 24 cents per share on revenue of $1.11 billion. Analysts had been looking for earnings of 2 cents per share and revenue of $1.09 billion, per FactSet. Rogers Corp. — The engineering-materials stock rose about 2% after activist investor Starboard Value disclosed Wednesday in a securities filing it had built a stake of over 9% in the company. Starboard’s latest 13F filing revealed it held an approximate position of 1% in the company as of March 31. Firefly Aerospace — Shares of the Texas-based rocket maker will debut on Thursday on the Nasdaq under the “FLY” ticker symbol. On Wednesday, the stock priced in its IPO at $45 each, which was above its expected range. — CNBC’s Michelle Fox, Alex Harring and Yun Li contributed reporting.
https://www.cnbc.com/2025/08/07/stocks-making-the-biggest-moves-premarket-lly-pton-intc-duol.html
