These Stocks Are Moving the Most Today: Dell, Broadcom, Tesla, Apple, Nutanix, MongoDB, and More

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Adjusted second-quarter earnings from Dell Technologies soundly top analysts' estimates, Broadcom's revenue guidance for its fiscal fourth quarter is in line...

Stock futures traded higher ahead of the release Friday of the monthly U.S. jobs report. Economists forecast the U.S. added 170,000 jobs during August.Dell Technologies earned $1.74 a share on an adjusted basis in the second quarter, soundly topping its own forecast for $1.10 a share and Wall Street expectations of $1.14. Revenue of $22.9 billion beat forecasts of $20.9 billion, driven by the company’s PC and enterprise infrastructure businesses.

Tesla unveiled a revamped Model 3 with a longer range but raised the price on the electric vehicle by about 12%. The car was unveiled In China, where the vehicle first went on sale Friday. Tesla also cut prices on its expensive Model S and Model X cars, which start at about $100,000. Shares of Tesla declined 0.7%.

Cloud-computing company Nutanix reported fiscal fourth-quarter revenue that beat analysts’ estimates and issued strong first-quarter sales guidance. The company’s board also authorized the repurchase of up to $350 million in stock. The stock jumped 18% in premarket trading. Lululemon Athletica ‘s earnings in the second quarter beat analysts’ estimates and the yoga-pants maker raised fiscal-year guidance. The stock rose 1.6%.

 

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