Biggest stock movers Friday: TWLO, TTWO, TTD, and more

Stock futures rose in premarket trading on Friday as investors responded to political and monetary policy developments, led by President Donald Trump’s nomination of Stephen Miran to the Federal Reserve’s Board of Governors, a move seen as pushing the Fed toward a more aggressive interest rate-cutting stance that could boost equities and weigh on the U.S. dollar.

Here are some of Friday’s biggest stock movers:

Biggest stock gainers

• Take-Two Interactive Software (NASDAQ:TTWO) +4% – Shares rose after the company beat on key metrics in its FQ1 earnings report, raised its annual bookings forecast, and reaffirmed the launch schedule for Grand Theft Auto VI. For FY2026, the GTA and NBA2K publisher increased its net bookings guidance to $6.05B-$6.15B (midpoint $6.10B) from $5.90B-$6B, topping the $6.04B consensus. Adjusted EBITDA guidance was raised to $827M-$886M (midpoint $856.5M) from $793M-$847M, above the $833.6M estimate. CEO Strauss Zelnick said the results reflect ongoing demand for core franchises and the increasingly diversified and successful nature of its business.
• Skillz (NYSE:SKLZ) +6% – Shares climbed after the company’s Q2 results topped estimates, with revenue up 8% Y/Y and paying monthly active users jumping 18% sequentially and 20% from last year to the highest since Q3 2023. The company highlighted progress in player engagement and retention, the rollout of its $75M Developer Accelerator program, and disciplined expense management that drove Y/Y improvements in adjusted EBITDA loss. Skillz ended the quarter with over $238M in cash and restricted cash, providing flexibility to invest in growth initiatives.
• Block (NYSE:XYZ) +8% – Shares jumped after the company raised its full-year gross profit guidance and issued a strong Q3 outlook. For Q2, gross payment volume and gross profit exceeded Wall Street expectations, though revenue and adjusted EPS missed. The parent of Square and Cash App expects a Q3 gross profit of $2.60B, above the $2.54B consensus, and an adjusted operating income of $460M vs. the $425M estimate. Block now sees a 2025 gross profit of $10.2B, above the $9.94B consensus and prior guidance of $9.96B.

Biggest stock losers

• Pinterest (NYSE:PINS)-11% – Shares slumped after the company reported mixed Q2 results, missing profit expectations. Revenue rose 17% Y/Y to $998.2M, topping estimates of $975.5M, while monthly active users hit a record 578M, up 11% from last year. Net income and adjusted EBITDA both grew 33%, with EBITDA reaching $250.8M and margins improving to 25% from 22%. For Q3, the company expects revenue of $1.033B-$1.053B, reflecting 15%-17% growth, above the consensus of $1.03B, and forecasts adjusted EBITDA of $282M-$302M.
• The Trade Desk (NASDAQ:TTD) -29% – Shares slid after Q2 results, guidance, and a surprise CFO transition disappointed investors. Revenue guidance for Q3 came in at $717M, just above the $716.2M consensus, while adjusted EBITDA is expected at $277M vs. $275.7M forecast. Longtime CFO Laura Schenkein will step down after over a decade with the firm, to be succeeded by Alex Kayyal.
• Twilio (NYSE:TWLO) -13% – Shares dropped despite beating Q2 estimates, as Q3 EPS guidance of $1.01–$1.06 fell short of the $1.14 consensus. The revenue outlook of $1.25B–$1.26B topped the $1.22B forecast. The company reiterated its FY25 non-GAAP operating income target of $850M–$875M and lifted free cash flow guidance to $875M–$900M from $850M–$875M.