Premarket report
Pre-open · Thu Nov 5
Qualcomm's weak Q1 outlook and 26% handset revenue drop sent $QCOM down 13% and dragged chips 7–13%, with tech off 2%. $APP jumped 28% and $U 17% on strong ad-tech results, while $GIL fell 25% on a guidance cut and $SNAP and Zillow slid on misses. Jobless claims were 189 vs 194 prior; $ABNB and $NET report after close.
Overnight movers
US-listed, $5B+| Ticker | Ext. price | Implied | Why | ||
|---|---|---|---|---|---|
$APP AppLovin Corporation Earnings: Q3 EPS beat, record revenue up 55%, outlook above estimates | +28.45% | $91.3B | Earnings: Q3 EPS beat, record revenue up 55%, outlook above estimates | ||
$GIL Gildan Activewear Inc. Earnings: Q3 EPS and revenue missed; 2026 revenue guidance cut to $5.5B | -25.12% | $8.0B | Earnings: Q3 EPS and revenue missed; 2026 revenue guidance cut to $5.5B | ||
$U Unity Software Inc. Earnings: Q3 beat with first GAAP profit since IPO, strong guidance | +17.35% | $18.7B | Earnings: Q3 beat with first GAAP profit since IPO, strong guidance | ||
$CAI Caris Life Sciences, Inc. Earnings: Beat on EPS and raised guidance, but valuation expectations reset | -17.04% | $9.4B | Earnings: Beat on EPS and raised guidance, but valuation expectations reset | ||
$TPR Tapestry, Inc. Earnings: Fiscal Q1 sales beat; full-year outlook raised on Coach Gen Z demand | +15.71% | $24.9B | Earnings: Fiscal Q1 sales beat; full-year outlook raised on Coach Gen Z demand | ||
$WMS Advanced Drainage Systems, Inc. Earnings: Q2 revenue missed, fiscal 2027 sales outlook cut; EPS reports conflict | -15.67% | $10.9B | Earnings: Q2 revenue missed, fiscal 2027 sales outlook cut; EPS reports conflict | ||
$RELY Remitly Global, Inc. Earnings: Down despite EPS beat; no clear reason in coverage yet | -15.07% | $5.7B | Earnings: Down despite EPS beat; no clear reason in coverage yet | ||
$GRAL GRAIL, Inc. Earnings: EPS beat, but revenue miss, guidance cut and margin compression | -14.38% | $6.4B | Earnings: EPS beat, but revenue miss, guidance cut and margin compression | ||
$BROS Dutch Bros Inc. Earnings: EPS in line; sales growth slowed and EBITDA forecast reduced | -14.28% | $7.7B | Earnings: EPS in line; sales growth slowed and EBITDA forecast reduced | ||
$QCOM QUALCOMM Incorporated Earnings: Slight EPS beat, but weak Q1 outlook; handset revenue fell 26% | -12.96% | $184.9B | Earnings: Slight EPS beat, but weak Q1 outlook; handset revenue fell 26% |
Trending
StockTwits rank, not already a mover| Ticker | Ext. price | Implied | Why | ||
|---|---|---|---|---|---|
$XERS Xeris Biopharma Holdings Inc Earnings: Q3 results beat, outlook raised; Recorlev seen near $1B sales sooner | +19.12% | $1.9B | Earnings: Q3 results beat, outlook raised; Recorlev seen near $1B sales sooner | ||
$NVAX Novavax Inc Earnings: Down despite EPS beat and raised revenue outlook; no clear reason yet | -3.27% | $1.8B | Earnings: Down despite EPS beat and raised revenue outlook; no clear reason yet | ||
$IOVA Iovance Biotherapeutics Inc Earnings: Down despite EPS beat and record revenue; no clear reason in coverage yet | -5.40% | $3.9B | Earnings: Down despite EPS beat and record revenue; no clear reason in coverage yet | ||
$CELH Celsius Holdings Inc Earnings: Record Q3 revenue of $847M and EPS beat estimates | +6.67% | $7.8B | Earnings: Record Q3 revenue of $847M and EPS beat estimates |
↳ Inside the Semiconductors move
Qualcomm's weak Q1 outlook, handset slump and memory cost pressure hit chip names broadly.
5 Semiconductors stocks fell 7–13% together overnight, set off by $QCOM. These are all the stocks in the group.
| Ticker | Overnight | Mkt cap | Ext. price | Implied | Why |
|---|---|---|---|---|---|
$QCOM QUALCOMM Incorporated Earnings: Slight EPS beat, but weak Q1 outlook; handset revenue fell 26% | -12.96% | $184.9B | Earnings: Slight EPS beat, but weak Q1 outlook; handset revenue fell 26% | ||
$MXL MaxLinear, Inc. Sector move with $QCOM: Chip selloff after Qualcomm's weak outlook; no news of its own | -7.65% | $5.2B | Sector move with $QCOM: Chip selloff after Qualcomm's weak outlook; no news of its own | ||
$AMD Advanced Micro Devices, Inc. Sector move with $QCOM: Chip selloff after Qualcomm's weak outlook; no news of its own | -7.48% | $801.6B | Sector move with $QCOM: Chip selloff after Qualcomm's weak outlook; no news of its own | ||
$SMTC Semtech Corporation Sector move with $QCOM: Chip selloff after Qualcomm's weak outlook; no news of its own | -7.17% | $10.4B | Sector move with $QCOM: Chip selloff after Qualcomm's weak outlook; no news of its own | ||
$MTSI MACOM Technology Solutions Holdings, Inc. Sector move with $QCOM: Chip selloff after Qualcomm's weak outlook | -6.70% | $17.8B | Sector move with $QCOM: Chip selloff after Qualcomm's weak outlook |
↳ Inside the Internet Content & Information move
Snap and Zillow each fell on their own weak Q3 results and guidance, not a single shared catalyst.
3 Internet Content & Information stocks fell 8–10% together overnight. These are all the stocks in the group.
| Ticker | Overnight | Mkt cap | Ext. price | Implied | Why |
|---|---|---|---|---|---|
$SNAP Snap Inc. Earnings: Q3 revenue and daily user growth missed; sluggish ad sales | -10.28% | $10.0B | Earnings: Q3 revenue and daily user growth missed; sluggish ad sales | ||
$ZG Zillow Group, Inc. Earnings: Q3 EPS miss; Q4 and 2026 guidance below estimates | -8.51% | $7.7B | Earnings: Q3 EPS miss; Q4 and 2026 guidance below estimates | ||
$Z Zillow Group, Inc. Earnings: Q3 EPS miss; Q4 and 2026 guidance below estimates | -8.20% | $7.6B | Earnings: Q3 EPS miss; Q4 and 2026 guidance below estimates |
S&P 500 sectors
As of Thu 09:29 · vs last close- Communication Services+2.02%
- Financials+1.20%
- Consumer Staples+1.09%
- Energy+0.91%
- Utilities+0.89%
- Health Care+0.85%
- Materials+0.83%
- Consumer Discretionary+0.34%
- Real Estate+0.29%
- Industrials-0.54%
- Technology-1.99%
A snapshot from when this report ran; it doesn't update. Based on sector ETFs, which can trade thinly before the open.
Earnings · next 3 days
$2B+ US-listed- Thu Nov 5Pre-market
- $TM
- $SONY
- $DUK
- $IRM
- $GMAB
- $VRSK
- $FWONK
- $RL
- $VTRS
- $U
- $CG
- $GSAT
- $OSCR
- $LLYVK
- $IBRX
- $NVMI
- $TAP
- $LNC
- $CELH
- $PRMB
- $EPAM
- $LOAR
- $INGR
- $NXST
- $COGT
- $BGC
- $MDA
- $MDU
- $CNR
- $TNGX
- $FA
- $IRON
- $AMLX
- $GEO
- $FOUR
- $SHOO
- $IMAX
- $NTCT
- $MBX
- $DXPE
- $VCEL
Time TBD- $NGG
- $CF
After close- $NET (a name we trade)
- $TEAM (a name we trade)
- $AFRM (a name we trade)
- $TXRH (a name we trade)
- $IONQ (a name we trade)
- $AKAM (a name we trade)
- $IREN (a name we trade)
- $AAOI (a name we trade)
- $ABNB
- $MNST
- $EOG
- $SPG
- $WPM
- $NTRA
- $DVN
- $ED
- $LYV
- $MCHP
- $MTD
- $AXON
- $AEE
- $PBA
- $GH
- $RGA
- $JHX
- $SBS
- $SOLV
- $HALO
- $REG
- $QXO
- $AHR
- $CPT
- $SUZ
- $GMED
- $FNF
- $DKNG
- $FROG
- $IAG
- $PTGX
- $VSAT
- $CTRE
- $PCTY
- $TXG
- $SARO
- $WYNN
- $DBX
- $COMP
- $LYFT
- $G
- $KTOS
- $MP
- $DOCS
- $AUGO
- $OUT
- $CON
- $MAIN
- $HASI
- $HHH
- $SYNA
- $WK
- $NNI
- $MC
- $KRMN
- $BILL
- $MAT
- $APLE
- $IRTC
- $ICUI
- $PLSE
- $STEP
- $LION
- $DIOD
- $FIGS
- $CPK
- $AVPT
- $WSC
- $CELC
- $ALRM
- $NMIH
- $CARG
- $CENX
- $TDC
- $AGO
- $BTE
- $SPNT
- $CALY
- $FG
- $SKWD
- $FIVN
- $PURR
- $GRDN
- $TMDX
- $GRND
- $BHF
- $NOG
- $PLUS
- $VERA
- $IMNM
- $AGM
- $HLIO
- $XRAY
- $SMR
- $XXI
- $SRPT
- Fri Nov 6Pre-market
- $OKLO (a name we trade)
- $ENB
- $MRNA
- $BAM
- $HUM
- $VST
- $UI
- $PPL
- $PAA
- $BIP
- $BEN
- $EMA
- $TU
- $CHTR
- $ELAN
- $FRHC
- $MSGK
- $FLR
- $ESNT
- $WULF
- $VEON
- $PAGP
- $STWD
- $BIPC
- $AQN
- $TDS
- $DK
- $ATMU
- $CLMT
- $NHC
- $KYIV
- $DKL
- $AD
- $BKD
- $UAA
- $SHO
- $TILE
- $MSGR
- $UTZ
After close- $ALM
- Sat Nov 7Time TBD
- $BRK-A
- Sun Nov 8After close
- $RDNT
Gold: names we cover or trade, listed first; then biggest first. Hover a ticker for the company, size and time. Ctrl+F unfolds every row, so your browser's find reaches all of them.
Overnight headlines
- Qualcomm’s stock falls as twin forces pressure sales
Qualcomm faces the loss of Apple’s business and the negative impact of high memory costs on overall smartphone demand.
MarketWatch · Thu 08:47 ET
- Chinese AI lab Moonshot turned to Europe for Nvidia Blackwell access amid U.S. China curbs, sources tell CNBC
Moonshot AI has sought leasing agreements with neoclouds for advanced chips in Europe, as U.S. export controls restrict their import to China.
CNBC · Thu 08:34 ET
- Stock Market Today: AI Stocks Under Pressure as Investors Pivot to Other Trades
Chipmaker Qualcomm's earnings disappoint
WSJ · Thu 04:25 ET
For information only, not financial advice. Details may be incomplete or wrong; don't rely on them for financial decisions. Quotes may be delayed. Implied move: nearest-expiry at-the-money straddle (* = a leg last traded before the latest session). Sources: Yahoo Finance, StockTwits, CNBC, MarketWatch, WSJ, Google News.