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E.l.f. Beauty reported a 51% increase in net sales for its second fiscal quarter, surpassing Wall Street expectations and prompting the company to raise its full-year financial guidance.
Qualcomm stock declined 7% in extended trading after the chipmaker issued a weaker-than-expected earnings forecast, despite quarterly results beating Wall Street estimates. Rising memory costs and smartphone demand challenges pressured the outlook.
Figma shares fell 7% after reporting third-quarter earnings that beat Wall Street expectations, as the company prioritizes long-term AI investments over near-term revenue gains.
Nintendo Switch 2 sales fell 41% in the fiscal second quarter to 2.67 million units, as price hikes and memory shortages weighed on the gaming console’s performance.
German defense contractor Rheinmetall cut its full-year 2026 guidance due to military contract delays and ammunition testing setbacks, causing shares to plunge over 17% in early trading.
Chipotle reported mixed quarterly results but projected continued same-store sales growth, sending shares up 7% in extended trading as CEO expressed confidence in the fourth quarter.
