
Daniel Grizelj
Stock index futures turned sharply downwards after the wholesale inflation came in much hotter than expected. Here are the stocks to keep an eye on Thursday:
JD.com (JD) shares were up 1.5% in premarket trade after the firm beat both its revenue and profit estimates in the second quarter, helped by robust consumer demand. Q2 Non-GAAP EPADS came in at $0.69 as compared to the consensus of $0.20, and revenue was $49.8B, beating estimates by $3.11B.
Deere & Company (DE) stock was down 6% before the opening bell after the farm and construction equipment maker reported weaker quarterly earnings from a year earlier and tightened its full-year profit outlook, even as results topped Wall Street expectations.
Cisco Systems (CSCO) fell 1.3% in premarket trade as the investors were left unimpressed by its full-year 2026 outlook. The company released its fourth quarter fiscal 2025 financial results and outlook, which matched or surpassed estimates across the board as demand for artificial intelligence infrastructure helped propel growth.
Birkenstock (BIRK) fell 2.4% in extended trading as the company’s quarterly results showed a slight miss on revenue according to some estimates, overshadowing otherwise solid fiscal third-quarter results and upbeat guidance for the year.
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