U.S. stock futures mixed; Nvidia earnings spark little cheer
After-hours movers:
The Trade Desk Inc . (NASDAQ:TTD) fell 28% despite publishing second quarter results that topped consensus, after it published lackluster third quarter guidance. The Trade Desk sees Q3 2025 revenue of at least $717 million, versus the consensus of $716.2 million.
Block, Inc (XYZ) rose 11% despite a miss on the bottom line in the second quarter, after guidance beat estimates.
Microchip Technology (NASDAQ:MCHP) fell 5% despite solid quarterly results, after it cut full year capex. Capital expenditures for all of fiscal 2026 are expected to be at or below $100 million. Consistent with the slow macroeconomic environment in fiscal 2025, it paused most factory expansion actions and reduced planned capital investments through fiscal 2026.
Monster Beverage (NASDAQ:MNST) rose 4% after better than expected results. Monster Beverage reported Q2 EPS of $0.52, $0.04 better than the analyst estimate of $0.48. Revenue for the quarter came in at $2.11 billion versus the consensus estimate of $2.08 billion.
Pinterest (NYSE:PINS) fell 9% despite results that were generally in-line with consensus. It announced an all-time high of 578 million global monthly active users, an increase of 11%.
Sweetgreen (SG) fell 18% after reporting weak second quarter comps.
Twilio (NYSE:TWLO) fell 13% after issuing guidance that was mixed, with decent organic growth offset by a weaker bottom line.