U.S. Stocks to Watch: Apple, Sandisk, Reddit, Atlassian, Roblox, and More

Dow Jones
05/01

US sStock futures were rising Friday, putting the S&P 500 and Nasdaq Composite on course to extend their record-breaking rallies.

These stocks were making moves in premarket trading:

Apple added 3.2% after the iPhone maker beat analysts' earnings and revenue targets for its fiscal second quarter. Revenue for the iPhone grew 22% year over year. Apple's guidance for the current quarter also looked strong despite component shortages and high prices.

Sandisk dropped 5.9% even though the flash memory product supplier reported stellar results for its fiscal third quarter. Investors likely were taking the opportunity to lock in some profit, given that the stock has risen more than 3,000% over the past year with the artificial-intelligence boom driving up memory demand.

Reddit jumped 16% after the social media company easily beat analysts' first-quarter earnings estimates thanks to a surge in ad revenue. Shares have fallen 36% in 2026.

Atlassian soared 25% after the workflow software company beat both earnings and revenue expectations for its fiscal third quarter. Atlassian also raised its guidance for revenue growth.

Western Digital fell 7.3% after the hard-drive maker topped Wall Street's earnings targets for its fiscal third quarter and issued strong guidance. Shares have 152% over the past 12 months, so the market may have already priced in the strong results.

Roblox cut its fiscal-year guidance and shares of the videogame platform tumbled 24%. An effort to boost its safety features weighed on results in the company's fiscal first quarter.

Ares Management, Chevron, Cinemark, Colgate-Palmolive, Estee Lauder, Exxon Mobil, and Moderna reported earnings on Friday.

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