[Major Premarket Swings Highlight Top Movers: Walmart, Coinbase, Moderna, Alibaba & More]
Premarket swings spotlight leading movers—Walmart fell 6% after posting strong Q2 revenue yet missed analysts’ preferred rise in U.S. comparable sales. U.S. comparable sales grew 2.6% against the 3.5% estimate from FactSet, and third‑quarter/full‑year earnings guidance was trimmed. Crypto names rallied behind a bullish run in Bitcoin and Ether spurred by President Trump’s effort to secure crypto‑friendly congressional legislation. Coinbase rose nearly 7% and strategy surged 10%; Circle Online climbed 7.5%, while Mara Holding and American Bitcoin each added roughly 5%. Alibaba slashed June‑quarter profit by 75% after AI‑driven capex spiked, weighing down U.S.–listed shares by 3.4%. In healthcare, Moderna pulled back 7% after a breakthrough late‑stage trial delivered pivotal results for its cancer vaccine—the Moderna‑Merck combo achieved key milestones in high‑risk melanoma patients whose tumors were fully cleaved surgically. Nordson rebounded 5.4% after revising its full‑year outlook, projecting adjusted FY earnings between $11.80 and $12 per share, above the FactSet consensus of $11.60. — CNBC’s Darla Mercado contributed reporting.
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