Qualcomm, PayPal and Roku fall premarket; DoorDash, Moderna rise

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Qualcomm, PayPal and Roku fall premarket; DoorDash, Moderna rise
Credit: © Reuters.

Investing.com -- U.S. futures retreated Thursday, with investors awaiting more labor market economic data as well as quarterly results from tech giants Apple (NASDAQ: AAPL ) and Amazon (NASDAQ: AMZN ).

Here are some of the biggest premarket U.S. stock movers today:

  • Qualcomm (NASDAQ: QCOM ) stock fell 9% after the chipmaker reported underwhelming guidance for the current quarter after delivering mixed third quarter results as revenue fell short of estimates amid a softer smartphone demand.

  • DoorDash (NYSE: DASH ) stock rose about 3.5% after the food delivery firm raised its annual core profit forecast and posted an upbeat quarterly revenue as groceries and food orders jumped.

  • Moderna (NASDAQ: MRNA ) stock rose 1.7% after the drugmaker reported better-than-expected revenue in the second quarter despite falling steeply due to weaker post-pandemic demand for its COVID-19 vaccine.

  • Hasbro (NASDAQ: HAS ) stock rose 1.5% after the toymaker beat second quarter revenue estimates. That said, it also cut its full-year revenue forecast as its entertainment segment is expected to take a hit from the ongoing writers’ strike.

  • PayPal (NASDAQ: PYPL ) stock fell 8% after the digital payments firm reported weak margins for the second quarter that overshadowed a strong outlook.

  • Warner Bros. Discovery (NASDAQ: WBD ) stock rose 3.6% after the entertainment giant posted higher-than-expected core profit in the second quarter, as subscriber growth at its HBO Max streaming service boosted advertising revenues.

  • ConocoPhillips (NYSE: COP ) stock fell 1.8% after the U.S. shale producer reported a fall in second quarter profit on Thursday, as energy prices dropped from last year's peaks.

  • Regeneron (NASDAQ: REGN ) stock rose 4.8% after the pharmaceutical beat quarterly profit estimate, driven by strong demand for eczema treatment Dupixent.

  • Roku (NASDAQ: ROKU ) stock fell 2% after Citigroup downgraded its stance on the video streaming company to ‘neutral’ from ‘buy’, saying most potential growth is already factored into the stock price.

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