Premarket Movers | LendingClub Soars 23%; Qorvo up 10%; FuboTV up 8%; MARA Holdings, Starbucks up 4% Each

LendingClub stock jumped 23% in premarket trading after the online lender's Q2 EPS more than doubled the Wall Street estimate and its Q3 guidance indicates strong loan origination.

Qorvo shares surged over 10% after the connectivity and power solutions provider reported fiscal first-quarter earnings that significantly exceeded analyst expectations, driven by broad-based demand and improved profitability.

FuboTV expects higher revenue and more subscribers in its second quarter but said it would pause guidance while the proposed merger with Hulu + Live TV remains pending. FuboTV shares jumped 8% in premarket trading.

Starbucks beat Wall Street estimates for third-quarter revenue on Tuesday, as steadying sales in China and investments in labor, store operations and menu innovation helped overcome pressures from slowing consumer spending in its domestic market. The company's shares rose more than 4% in premarket trading.

Bitcoin miner MARA Holdings shares gained 4% in premarket trading on better-than-expected Q2 earnings. MARA Holdings reported second-quarter revenue of $238.5 million, beating analyst estimates of $218.45 million, according to Benzinga Pro. The Bitcoin mining company reported second-quarter earnings of $1.84 per share, beating analyst estimates of 69 cents per share.

Visa beat Wall Street estimates for third-quarter profit and revenue on Tuesday, as the global payments processing company was helped by strong card spending volumes despite softness in the broader economy. However, the payments processing company kept its full-year forecast for net revenue growth unchanged, sending shares of the company down 2% in premarket trading.