Premarket Stock Movers: Apple, Estee Lauder, Roku, Reddit, Roblox and More

Several major stocks are making significant moves in premarket trading following their latest earnings reports and guidance updates. Apple, Estee Lauder, Roku, Reddit, and others are leading the charge with notable gains, while some like Roblox and Rivian face sharp declines.

These early market shifts provide insight into investor sentiment and potential trends for the trading day, highlighting the impact of earnings surprises, revised forecasts, and sector-specific developments.

Tech Giants and Streaming Stocks Lead Gains

Apple shares surged 3.5% after beating earnings and revenue expectations for its fiscal second quarter, reporting $2.01 per share and $111.18 billion in revenue. However, iPhone sales missed estimates for the second time in three quarters, tempering some enthusiasm.

Roku jumped 7% after posting first-quarter revenue of $1.25 billion, surpassing the $1.20 billion forecast. The company also exceeded adjusted EBITDA estimates and anticipates continued outperformance in the current quarter.

Strong Earnings Boost Estee Lauder and Reddit

Estee Lauder's shares climbed over 11% following better-than-expected third-quarter sales and earnings, reporting $0.91 per share on $3.71 billion revenue. The company also announced additional job cuts as part of its turnaround strategy.

Reddit surged nearly 15% after daily active users slightly exceeded estimates at 126.8 million. The social media platform also raised its adjusted EBITDA guidance for the current quarter, signaling strong operational momentum.

Mixed Results for Biotech and EV Stocks

Moderna rose 6% after reporting a smaller-than-expected loss and revenue that topped forecasts. The company reaffirmed its full-year revenue growth target of up to 10%.

Amgen shares dipped nearly 2% despite a slight increase in full-year earnings guidance, which still fell short of analyst expectations.

Rivian's stock dropped almost 5% despite a better-than-expected quarterly loss and reaffirmed vehicle sales guidance for 2026, reflecting investor caution in the electric vehicle sector.

Roblox Faces Sharp Decline on Lowered Guidance

Roblox shares plummeted over 24% after the online gaming platform slashed its full-year bookings forecast significantly. Second-quarter bookings are also expected to fall short of estimates, raising concerns about growth prospects.

Other Notable Movers and Market Sentiment

• Twilio surged 19% after beating earnings and revenue estimates and raising revenue guidance for the current quarter.
• Paramount Skydance jumped 4% following a Morgan Stanley upgrade citing benefits from recent acquisitions and AI-driven cost savings.
• Western Digital fell 8% despite strong quarterly results and outlook, possibly due to recent stock gains and competitor earnings.
• Clorox dropped 5.5% after cutting its full-year profit outlook amid consumer spending concerns.
• AstraZeneca declined over 1% after an FDA advisory panel voted against approval of its new cancer drug, though final FDA decisions may differ.

Looking Ahead: Earnings Impact and Market Trends

The premarket activity highlights how earnings surprises and guidance revisions continue to drive volatility and investor focus. Companies that beat expectations or raise guidance are rewarded, while those lowering forecasts face sharp sell-offs.

Investors will be watching closely for further earnings reports and economic data that could influence market direction in the coming weeks, especially in technology, biotech, and consumer sectors.