Nvidia (NVDA)

Nvidia fell 3.6% in premarket trading after missing top and
bottom lines market estimates for its quarterly results. The graphics chipmaker
also gave a weak forecast, as its business continues to deal with slow demand.

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Autodesk (ADSK)

Shares of the design software maker climbed 9.2% in the
premarket after it issued an positive outlook and called demand “robust”. It
also posted better-than-expected results for the last quarter.

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Dollar Tree (DLTR)

Shares of the discount retailer fell 6.6% in premarket
trading after cutting its full-year earnings forecast, due to the impact of
pricing-related investments at its Family Dollar stores. Dollar Tree posted better-than-expected
profit for its latest quarter and revenue was in line with Wall Street
estimates.

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Snowflake (SNOW)

The stock surged 19% in the premarket after the data
software company reported higher-than-expected quarterly revenue. CEO Frank
Slootman said the company’s consumption-based model, which allows customers
adjust how much they use Snowflake’s services after signing a contract, is
proving to be an advantage.

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Peloton (PTON)

Peloton plunged 17.5% in premarket action after reporting a
wider-than-expected loss and revenue below the market estimates. The company
also said its connected fitness business would remain challenging into 2023.

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Abercrombie & Fitch (ANF)

Shares of the apparel retailer fell 10.5% in the premarket
after it reported an unexpected quarterly loss and lower-than-expected revenue
numbers. It also slashed its sales forecast of the ongoing year, citing the
impact of inflation.

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Salesforce (CRM)

Salesforce slumped 6.3% in premarket action after the
business software major cut its complete year guidance, as economic uncertainty
reduces the pace of customer deals. Salesforce reported higher-than-expected
sales and profit for the second quarter.

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Victoria’s Secret (VSCO)

Victoria’s Secret slid 3.7% in premarket action after the
company cut its full year outlook. The women’s intimate apparel maker said it
expected its customers to be impacted by inflation and other financial
challenges.

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Callaway Golf (ELY)

Callaway Gold added 2.1% in premarket trading after
announcing plans to change its name to Topgolf Callaway Brands, to reflect a
lifestyle approach to its golf equipment and apparel items. The name change
will be effective on or around September 6.