© Reuters. Investing.com -- U.S. stocks were falling on Wednesday after the surprise downgrade of the U.S. authorities's credit score standing by Fitch hit sentiment and as quarterly earnings season persisted.
Listed below are about a of the ideally suited U.S. inventory movers on the original time:
- SolarEdge Technologies (NASDAQ:SEDG) inventory fell 18% after the renewable energy firm left out 2d quarter income expectations.
- Evolved Micro Gadgets (NASDAQ:AMD) inventory fell 6.5% after the chipmaker forecast that the liberate of its synthetic intelligence chips will drive up its annual results, and that it is a long way planning to delivery its MI300 AI chips later this 300 and sixty five days.
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Starbucks (NASDAQ:SBUX) inventory rose 2.6% after the espresso chain reported disappointing global connected gross sales, as attach a question to for its drinks and meals confirmed indicators of slowing in North The united states.
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CVS Successfully being (NYSE:CVS) inventory rose 3.7% after the pharmacy firm beat quarterly profit expectations, boosted by energy in its pharmacy profit management unit and lower-than-anticipated medical bills in its medical insurance protection industry.
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Kraft Heinz (NASDAQ:KHC) inventory rose 1% after the packaged meals manufacturer left out quarterly gross sales and profit estimates as inflation-hit customers bought fewer packaged meals and condiments.
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Yum! Producers (NYSE:YUM) inventory rose 0.1% after the short-meals conglomerate beat market estimates for quarterly connected gross sales, as more affordable meals and promotional offers at its KFC and Taco Bell restaurants drew in additional customers.
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Humana (NYSE:HUM) inventory rose 6% after the health insurer beat 2d quarter profit expectations, buoyed by a smaller-than-anticipated lengthen in medical bills.
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Pinterest (NYSE:PINS) inventory fell 5% after the image sharing and social media provider’s 2d quarter earnings characterize published costs grew sooner than income.
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Virgin Galactic (NYSE:SPCE) inventory fell 4.8% after the explain tourism firm reported 2d quarter losses that were somewhat wider than the 300 and sixty five days-up to now period, because it presses ahead in direction of flying customers on month-to-month flights.
