Semtech Corp (NASDAQ:SMTC) reported second-quarter financial results after the market close on Monday. Here's a look at the key details from the report.
CSX shares are trading lower Monday after reports indicating the company and Burlington Northern Railroad have not held merger talks. CNBC also reported Berkshire is not in the market to buy a train company.
Rocket Lab surged on its 70th launch, while Reddit soared 116% post-earnings. Traders weigh momentum, volatility, and legal risks as institutions and retail flow into these high-move names.
The U.S. Department of Energy (DOE) today officially kicked off the Nuclear Reactor Pilot Program, announcing DOE will initially work with 11 advanced reactor projects to move their technologies towards deployment.
Semiconductor company Semtech (NASDAQ:SMTC) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 19.6% year on year to $257.6 million. The company expects next quarter’s revenue to be around $266 million, close to analysts’ estimates. Its non-GAAP profit of $0.41 per share was in line with analysts’ consensus estimates.
Biotech stocks are often driven more by perception and momentum than fundamentals. Even routine insider sales or minor analyst revisions can trigger outsized reactions.
Since 2023, inflation has gradually declined, but remains above the Federal Reserve’s 2% target. As of July 2025, the CPI stands at 2.7%, still slightly elevated.
Shares of media, broadcasting, and digital services company E.W. Scripps (NASDAQ:SSP)
fell 4.2% in the afternoon session after UBS downgraded the stock to 'sell' from 'neutral', citing concerns over upcoming headwinds.
Shares of pool products retailer Leslie’s (NASDAQ:LESL) jumped 4.4% in the afternoon session after a continuation of positive technical momentum. The stock's movement appears to be driven by technical factors rather than fundamental company news. On the previous trading day, Friday, August 22nd, Leslie's stock saw a significant gain of 7.89% on increased trading volume, which is considered a positive technical indicator. According to market analysis, a "buy signal" was issued from a pivot bottom point on August 12, 2025, suggesting potential for a further rise and contributing to the recent upward momentum.
Shares of casual restaurant chain Dine Brands (NYSE:DIN)
fell 4.9% in the pre-market session after the company announced key management changes at its Applebee's subsidiary amid ongoing efforts to address significant operational and performance challenges.
Shares of secondhand luxury marketplace The RealReal (NASDAQ: REAL)
fell 3.1% in the afternoon session after the broader market pulled back following a strong rally the previous week. The broader market saw a slight retreat as investors paused to digest recent gains, which were fueled by hopes of an interest rate cut following Federal Reserve Chair Jerome Powell's recent remarks. Major indexes like the S&P 500, Dow Jones, and Nasdaq all opened lower as traders showed caution ahead of upcoming economic reports. Adding to the pressure on retail-related stocks, reports indicated a noticeable weakening in consumer sentiment, exacerbated by uncertainty around tariffs. This shift signals a potential slowdown in consumer spending, which could directly impact companies in the retail sector.
Shares of regional banking company Lakeland Financial (NASDAQGS:LKFN) fell 6.1% in the morning session after the stock pulled back in an apparent reversal of a rally from the previous session.
Shares of furniture company Lovesac (NASDAQ:LOVE)
fell 5.7% in the afternoon session after the announcement of an investigation by the Trump administration that will lead to higher tariffs on imported furniture.
Shares of beer, wine, and spirits company Constellation Brands (NYSE:STZ)
fell 3.3% in the afternoon session after RBC Capital trimmed its price target on the stock to $230 from $233, though it maintained an Outperform rating.
Shares of digital advertising platform Magnite (NASDAQ:MGNI) jumped 5.3% in the afternoon session after the company's stock reached a 52-week high, signaling strong investor confidence and continued positive momentum. The advertising technology firm's shares touched $25.30, marking a significant milestone that reflects the stock's appreciation of over 75% in the previous year. The surge highlights the company's robust performance and strong investor confidence.
Shares of digital banking platform Nubank (NYSE:NU) jumped 3% in the afternoon session after the company received a price target increase from BofA Securities, which cited improving profitability trends.
Shares of coffee chain Dutch Bros (NYSE:BROS) jumped 6.7% in the afternoon session after positive analyst commentary highlighted the company's strong revenue growth and expanding margins. TD Cowen analyst Andrew Charles reiterated a positive outlook, pointing to a 28% year-over-year increase in revenue and improved profitability from the company's recent earnings report. The optimism is fueled by Dutch Bros' successful menu innovation, better operational efficiency, and growing customer traffic. Adding to the positive sentiment, the company recently announced the return of its popular fall-themed drinks. The stock's upward momentum is also supported by technical factors, as it recently crossed above its 200-day moving average, a signal that often suggests a long-term bullish trend to investors.
Shares of pet food company Freshpet (NASDAQ:FRPT)
fell 9.1% in the afternoon session after an analyst lowered the stock's price target amid concerns over increased competition from General Mills' entry into the fresh pet food market. TD Cowen reduced its price target on Freshpet to $63 from $72, while maintaining a Hold rating. The firm pointed to slowing growth and the significant threat of General Mills' planned national launch into the fresh dog food space with its Blue Buffalo brand in the fourth quarter. This new competition prompted the analyst to cut Freshpet's fourth-quarter sales growth estimate to 10%, below the consensus of 13%. This competitive pressure is particularly concerning given Freshpet's existing challenges, which include a modest revenue base, a history of burning through cash, and negative returns on capital that call into question the long-term viability of its business model.
Shares of digital financial services company SoFi Technologies (NASDAQ:SOFI) jumped 5.1% in the afternoon session after investors reacted to the company's strong business momentum and recent positive financial results. The positive sentiment appears driven by the company's strong business performance, particularly in its core lending segments. This momentum is reflected in the company's broader second-quarter results, which included a 44% rise in adjusted net revenue, signaling robust overall growth.
Shares of action camera company GoPro (NASDAQ:GPRO)
jumped 35% in the afternoon session after investor excitement over its future product roadmap, which points to the release of several new cameras. Recent reports have outlined GoPro's plans for late 2025, which include the flagship Hero 14 and the GoPro Max 2, a 360-degree camera. Looking further ahead, the company is developing a dedicated vlogging camera for release as early as 2026. This new product appears designed to compete with popular DJI Pocket-style devices, a significant move as this category of camera has captured a large share of the video camera market in some regions. This product roadmap signals GoPro's intent to innovate and enter new, potentially lucrative market segments.
Shares of global logistics giant FedEx are trading lower Monday afternoon. The stock is lower following the recent decision by the Trump administration to end the "de minimis" exemption.
Cleveland-Cliffs has significant future EPS growth that is not yet priced into its current price, a gap that institutional investors are taking advantage of.
Shares of Google parent Alphabet hit a new all-time high Monday. The stock is being buoyed by a string of positive developments in its artificial intelligence and cloud computing divisions.
Asset Entities shares are trading higher Monday after the company announced the Securities and Exchange Commission declared its registration statement on Form S-4, related to the previously announced proposed merge with Strive Enterprises, effective.
