Check out the companies making headlines in premarket trading: CrowdStrike — Shares slipped 5% after CNBC reported that Delta Airlines has retained legal counsel to pursue damages from both CrowdStrike and Microsoft after a software update led to mass flight interruptions in July. Woodward — The aerospace and industrial equipment company slipped more than 11% after fiscal third-quarter revenue missed Wall Street estimates. Woodward posted revenue of $847.7 million in the quarter, while analysts polled by FactSet forecast $853.3 million. F5 Inc . — Shares surged nearly 14% after the software company reported a top- and bottom-line beat in the fiscal third quarter. F5 posted adjusted earnings of $3.36 per share, compared to an LSEG estimate of $2.97 per share. Revenue of $695 million was also higher than the $686 million expected. Amkor Technology — The semiconductor packaging company edged more than 6% lower after Amkor’s third-quarter outlook missed Wall Street estimates. Amkor expects earnings per share in the range of 42 cents to 56 cents in the fourth quarter, while analysts surveyed by FactSet had forecast 64 cents per share. Merck — Shares were down more than 1% after the pharma giant issued weaker-than-expected earnings guidance for the full year. The company sees its full-year bottom line in a range of $7.94 per share to $8.04 per share. That missed a FactSet estimate of $8.16 per share and was below a previous company forecast. Lattice Semiconductor — Shares dove 15.9% after second-quarter earnings and current-quarter revenue guidance came in below expectations. Lattice earned 23 cents per share, excluding items, on $124 million in revenue during the second quarter, while analysts polled by LSEG anticipated 24 cents in earnings per share and $130 million in revenue. Bank of America downgraded shares to underperform from neutral, citing cooling prospects for growth and little visibility. Pfizer — Shares gained 1.4% after the drugmaker posted a second-quarter earnings and revenue beat . Pfizer also raised its full-year outlook. It now expects adjusted earnings per share of $2.45 to $2.65 for the fiscal year and revenue between $59.5 billion and $62.5 billion. Varonis Systems — Shares of the data security company surged 10% after Varonis Systems posted second-quarter results that exceeded expectations and issued stronger-than-expected current-quarter guidance. Adjusted earnings of 5 cents per share topped the loss of 2 cents per share forecast by analysts polled by FactSet. Revenue of $130.3 million came in above the $124.8 million consensus estimate. Symbotic — Shares of the automation company fell more than 19% after weak guidance for the fiscal fourth quarter. Symbotic said it expects revenue between $455 million and $475 million in its fiscal fourth quarter, compared to a FactSet consensus of $516.9 million. The company also reported $491.9 million in revenue for its fiscal third quarter, which was above a Wall Street forecast of $464.6 million. Howmet Aerospace — The aerospace manufacturer climbed 8% after posting second-quarter adjusted earnings of 67 cents per share, higher than the 60 cents analysts polled by FactSet had expected. The firm’s revenue of $1.88 billion also exceeded the estimated $1.83 billion. Additionally, Howmet increased its quarterly dividend to 8 cents per share from 5 cents per share, to be payable Aug. 26. Corning — Shares dropped 5.5%. The company, known for developing the Gorilla Glass used for iPhones, reported second-quarter earnings per share of 47 cents, slightly above the 46 cents expected from analysts polled by LSEG. Earnings guidance, however, was about in line with analysts’ expectations. Archer-Daniels-Midland — Shares fell 2% after the agricultural products maker reported adjusted second-quarter earnings of $1.03 a share, far below the $1.22 consensus analyst estimate via LSEG. ADM’s revenue for the period also missed expectations. JetBlue — Shares jumped 4% after the airline said adjusted earnings per share was 8 cents for the second quarter. Analysts had expected a loss. Revenue was slightly better than expected in the period. PayPal — Shares jumped 4% after the payments company said second-quarter adjusted earnings per share was $1.19, far ahead of the 99 cents per share expected by analysts polled by FactSet. PayPal also raised its 2024 outlook and upped its share buyback plan. Procter & Gamble — Shares fell 3% after the consumer products giant reported second-quarter revenue of $20.53 billion, below the $20.74 billion expected by analysts surveyed by LSEG. P & G’s adjusted earnings of $1.40 a share for the period was higher than the $1.37 a share expected by analysts, according to LSEG. Leidos — The stock popped more than 7% on the back of better-than-expected second-quarter results. Leidos, which provides IT services for the U.S. Pentagon, earned $2.63 per share, excluding items, on revenue of $4.13 billion. Analysts polled by StreetAccount expected a profit of $2.27 per share on revenue of $4.06 billion. The company also raised its full-year earnings guidance. Zebra Technologies — Shares of the tracker and computer printing technology manufacturer gained 3% after the company reported second-quarter results that beat expectations. Zebra earned $3.18 per share, excluding certain items, on revenue of $1.22 billion. Analysts expected a profit of $2.80 per share on revenue of $1.18 billion, according to StreetAccount. The company also increased its full-year earnings guidance. — CNBC’s Michelle Fox, Hakyung Kim, Lisa Kailai Han, Alex Harring, Jesse Pound, Fred Imbert and John Melloy contributed reporting.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.
Time is the most valuable thing any of us has. Therefore, why not keep track of it in the most accurate and stylish way possible, relishing every second? Amazon can help you do that with its incredible selection of high-end watches. One of them, from Citizen, is currently available for half off, and we think it ticks all the boxes.
The Citizen Calandrier Eco-Drive Watch is on sale for $260 right now, which is 50% off the regular price of $525. Not only does this watch give you the time, but it even tells you the day and the date.
Citizen Calandrier Eco-Drive Watch, $260 (was $625) at Amazon
While a watch that tells the time is useful, one that does that and lets you know exactly what day and date it is can keep you on schedule better than you might imagine. In addition to the time, day, and date functions, this watch has a 24-hour tracker and world time function, so you can know what time it is anywhere in the world.
With a stainless steel case and bracelet, the timepiece oozes elegance and durability. Its blue dial is highly legible and attractive, and is sure to get you plenty of compliments. It also has a scratch-resistant mineral crystal and 100 meters of water resistance. The Japan-made quartz movement inside operates off of solar energy, provided by the Eco-Drive technology within.
Amazon customers raved about this watch. One called it “my favorite watch,” adding, “I fell in love with how it looked…It feels and looks like a very high-quality watch. All the functions work perfectly and are not hard to read.”
Another touted the “beautiful blue dial,” and said, “I love good-looking watches…but if the design can incorporate useful functions as well, it’s a winner for me. And this watch does all of that.”
The Citizen Calandrier Eco-Drive Watch will let you know exactly when you are, and it can do so in style. It can also do so for only $260 at the moment, so why not take a chance? We would never waste your time if it weren’t worth it.
Check out the companies making headlines in premarket trading. Oil stocks — Energy stocks climbed in premarket trading amid a jump in oil prices after Israel launched airstrikes against Iran without U.S. support, drawing concerns over the supply outlook from the oil-rich Persian Gulf. Chevron and Exxon Mobil rallied about 3% each, while ConocoPhillips jumped more than 4%. EOG Resources gained more than 3%. Gold stocks — Stocks tied to gold advanced as investors flocked to the perceived safe haven amid the geopolitical escalation. Newmont and SSR Mining both rose more than 1%, as did the VanEck Gold Miners ETF (GDX) . Defense stocks — Weapons manufacturers rose amid elevated geopolitical risk following Israel’s attack on Iran. RTX and Northrop Grumman both surged more than 4%, Lockheed Martin gained 3.5% and L3Harris Technologies added 2.2%. Cruise lines and airlines — Travel companies slid as investors worried that heightened risk would deter vacationers and spikes in oil prices would hurt profit. Carnival fell more than 4%, Norwegian Cruise Line and Royal Caribbean Cruises dropped more than 3% each. United Airlines weakened more than 5% while Delta Air Lines and American Airlines each declined more than 4%. Southwest Airlines shed more than 2%. Hotel stocks — Hotel and resort stocks declined as traders weighed the outlook for diminished travel demand following Israel’s strike on Iran. Hilton Worldwide and InterContinental Hotels Group slipped more than 2% apiece, while Marriott pulled back nearly 2%. RH — The home furnishings retailer jumped 19% after posting a surprise adjusted profit in its fiscal first-quarter. RH earned an adjusted 13 cents per share, while analysts surveyed by LSEG expected a loss of 9 cents per share. Net income of $8 million reversed a year-earlier loss of $3.6 million, but revenue trailed Street estimates. RH shares were down more than 50% year to date ahead of the report. DraftKings — Shares of the sports betting app lost nearly 3% after imposing a 50-cent transaction fee in Illinois starting in September after state lawmakers passed a budget including what one analyst described as a surprise increase in an online gambling tax . Adobe — Shares fell more than 3% after the graphic design software company posted better-than-expected second-quarter earnings. StreetAccount cited concern over a “slight deceleration in Subscription and cRPO growth rates [and] implied Q4 growth outlook.” In the latest quarter, Adobe earned an adjusted $5.06 per share on $5.87 billion in revenue, above the $4.96 per share and $5.79 billion in revenue analysts surveyed by LSEG were expecting. Adobe also lifted its full-year guidance. GE Vernova — The turbine manufacturer slipped nearly 3% on the heels of a downgrade to peer perform from outperform at Wolfe Research. Analyst Nigel Coe cited concern over GE Vernova’s “challenging valuation” after a more than 48% gain for the stock in 2025. — CNBC’s Yun Li, Jesse Pound, Sean Conlon and Brian Evans contributed reporting