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Nebius shares declined 16% as the neocloud company provided weaker-than-expected full-year revenue guidance and significantly raised its capital expenditure forecast for 2026 and 2027.
Wayfair reported its strongest quarterly sales growth since the pandemic, with U.S. revenue reaching $3 billion and the company gaining market share in a sluggish housing market.
E.l.f. Beauty posted a 51% increase in net sales for its second fiscal quarter, significantly surpassing Wall Street expectations and leading the company to raise its full-year guidance.
Qualcomm’s stock declined 7% after the chipmaker reported quarterly earnings that beat expectations but issued a weaker-than-expected forward guidance, citing memory shortage pressures on smartphone demand.
Figma shares fell 7% after reporting third-quarter results and raised guidance that exceeded Wall Street expectations, though the company is prioritizing long-term growth over near-term revenue through expanded AI offerings.
Food delivery startup Wonder, founded by Marc Lore, has confidentially filed for an IPO. The company operates roughly 170 brick-and-mortar locations across the U.S. and has received over $3 billion in venture funding.
