Stock futures edged higher Friday as investors awaited the release of the August U.S. jobs report later in the day.
Here are some of Friday’s biggest stock movers:
Biggest stock gainers
- Braze (NASDAQ:BRZE) +18% – Shares surged after the software firm beat Q2 estimates with 24% revenue growth and issued upbeat guidance. For Q3, Braze expects revenue of $183.5M–$184.5M (+21% Y/Y) and non-GAAP EPS of $0.06–$0.07 (vs. $0.02 consensus). FY2026 revenue is projected at $717M–$720M (+21% Y/Y) with EPS of $0.41–$0.42, well above the $0.17 consensus. Management noted OfferFit will contribute about 2 percentage points to annual growth.
- Bill Holdings (NYSE:BILL) +10% – Shares jumped following a report that activist investor Starboard Value has built an 8% stake in the financial automation software firm and may seek board representation. Starboard, which has been accumulating shares following the stock’s recent decline, is expected to disclose its holding in a U.S. SEC filing. Four of BILL’s 12 board seats are up for election at this year’s annual meeting, and the activist may nominate up to four candidates ahead of Saturday’s deadline. Starboard’s broader plans for the company remain unclear.
- DocuSign (NASDAQ:DOCU) +8% – Shares rallied after the e-signature firm posted Q2 results and guidance that topped Wall Street estimates. Revenue and earnings came in ahead of expectations, with momentum driven by adoption of its artificial intelligence offerings. CEO Allan Thygesen said the quarter marked “one of DocuSign’s highest growth and profitability periods in the recent years,” highlighting strength across eSignature, CLM, and IAM businesses. For Q3, the company guided revenue to $804M–$808M, above the consensus of $797M.
- Broadcom (NASDAQ:AVGO) +5% – Shares advanced after the semiconductor and software company reported Q3 results and Q4 guidance above expectations. For Q4, Broadcom projects revenue of $17.4B (vs. $17.01B consensus), including $6.2B from semiconductor solutions, and an adjusted EBITDA margin of 67% of revenue. Alongside results, the company declared a $0.69/share quarterly dividend.
- UiPath (NYSE:PATH) +5% – Shares rose after the automation software firm delivered Q2 results above expectations. Adjusted EPS came in at $0.15 (vs. $0.08 est.), while revenue grew 14% Y/Y to $362M (vs. $347.34M est.), driven by a 22% increase in subscription revenue to $238.4M. For Q3, UiPath guided revenue of $390M–$395M (vs. $385M est.), and for FY2026, the company expects $1.57B–$1.58B (vs. $1.55B est.).
Biggest stock losers
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Lululemon Athletica (NASDAQ:LULU) -16% – Shares tumbled after the retailer posted mixed Q2 results and slashed its FY2025 outlook. While EPS exceeded expectations, revenue came in below guidance, pressured by weak U.S. sales, tariffs, and product execution challenges. For FY25, Lululemon now projects revenue of $10.85B–$11B (2%–4% growth), below its prior $11.15B–$11.3B range and short of the $11.20B consensus. Q3 sales are expected at $2.47B–$2.50B (vs. $2.56B est.) with EPS of $2.18–$2.23 (vs. $2.95 est.).