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Applied Materials shares declined about 4% in early trading as investors sought faster growth signals despite the company’s upbeat fourth-quarter revenue guidance exceeding consensus estimates.
The US dollar faces competing pressures from oil prices and Federal Reserve policy, with energy market disruptions supporting the greenback while softer inflation data and reduced rate hike expectations weigh against it.
IonQ posted record quarterly revenue of $80.1 million, up 287% year-over-year, but shares remain down significantly as operating losses and cash burn accelerate despite business growth.
Bit Digital stock rose 2.05% despite reporting a $107.2 million net loss in the second quarter, as investors focused on operating improvements and revenue growth rather than headline losses.
Restaurant Brands International topped earnings expectations on strong Burger King growth, though shares fell over 1% as other chains struggled with softer sales.
Warner Bros. Discovery reported that its streaming segment surpassed $3 billion in revenue, a 10% increase year-over-year, as the company awaits trial over its proposed merger with Paramount.
