tradingkey.logo
tradingkey.logo
Search

24H | Bloom Energy Surges 21%; Joby Jumps 8%; Seagate Gains 5%; Mondelez Drops 6%; Enphase Sinks 8%

TigerOct 29, 2025 2:11 AM
facebooktwitterlinkedin
View all comments(0)

The clean energy company Bloom Energy surged 20.5% in overnight trading after Bloom Energy reported third-quarter adjusted earnings of 15 cents per share on revenue of $519 million. That far exceeded the earnings of 10 cents per share on revenue of $428.4 million expected by analysts polled by FactSet.

Joby Aviation stock jumped 7.9% in overnight trading following the announcement that the company has been selected as NVIDIA’s exclusive aviation launch partner for its new IGX Thor platform.

Seagate Technology forecast second-quarter revenue and profit above analysts' estimates on Tuesday, betting on robust demand for its storage devices as cloud providers expand investments in hardware to support generative AI development. Shares of the company gained 5% in overnight trading.

Other data storage companies also gained in overnight trading. SanDisk and Western Digital rose 4%; Micron Technology rose 3%.

Online travel agent Booking Holdings beat Wall Street estimates for third-quarter revenue and profit on Tuesday, helped by more customers bundling their reservations on its platform and steady travel demand. Shares of the company rose 2.1% in overnight trading.

Cadbury maker Mondelez International cut its annual profit forecast on Tuesday, as value-conscious consumers scaled back on purchases of its pricey chocolates and snacks in North America and Europe, and higher cost of cocoa added pressure. The shares dropped 5.7% in overnight trading.

Casino operator Caesars Entertainment shares sank 8.2% in overnight trading after it missed third-quarter estimates as visits to Las Vegas declined. Caesars posted a loss of 27 cents per share on revenue of $2.87 billion. Analysts surveyed by LSEG had anticipated the company would lose 5 cents per share on revenue of $2.89 billion.

Enphase Energy forecast fourth-quarter revenue below Wall Street estimates on Tuesday, and said U.S. President Donald Trump's tariffs had a negative impact on its margins, sending the solar inverter maker's shares down 8.2% in overnight trading.

Varonis Systems, a data security provider, saw its shares tumbled 31.1% in overnight trading after reporting third-quarter revenue that fell short of analyst expectations and issuing disappointing guidance, signaling challenges in its on-premises subscription business.

Stride stock plunged 37.6% in overnight trading after the company released its third-quarter earnings report. Investors were likely reacting to Stride’s revenue guidance with the higher end of ranges falling below the analyst estimates.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

0/500
Commenting Guidelines
Loading...

Recommended Articles

tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.