Freeport-McMoRan stock tumbles after Trump imposes copper tariffs
After-hours movers:
Starbucks (NASDAQ:SBUX) rose 2.5% after reporting better than expected revenue, despite softness on the bottom line. Global comparable store sales declined 2% and North America comparable store sales declined 2%.
Teladoc (NYSE:TDOC) rose 3% after reporting results that were not much worse than expected. Second Quarter 2025 revenue was $631.9 million, down 2% year-over-year.
Seagate Technology (STX) fell 8% after publishing lackluster guidance. Seagate provided the following guidance for its fiscal first quarter 2026 --revenue of $2.50 billion, plus or minus $150 million and Non-GAAP diluted EPS of $2.30, plus or minus $0.20.
Visa (NYSE:V) fell 2.25% despite solid quarterly results. Revenue for the quarter came in at $10.2 billion versus the consensus estimate of $9.84 billion.
LendingClub (NYSE:LC) rose 15% after giving strong guidance for loan originations.