By WSJ Staff
Meta $(META)$, Microsoft $(MSFT.UK)$, Qualcomm (QCOM), Ford (F) and Robinhood (HOOD) are due to report results after markets close.
Results from Hershey (HSY) and Kraft Heinz $(KHC)$ are expected before the open.
SoFi Technologies $(SOFI)$: The financial-technology company announced a public offering of $1.5 billion of its common stock. Shares fell 7% ahead of the open, having hit a record high on Tuesday after the fintech posted better-than-expected results and raised its guidance.
Sarepta Therapeutics (SRPT): Shares in the biopharmaceutical company gained 10% premarket, looking poised to build on Tuesday's rally. That came after the Food and Drug Administration allowed Sarepta to resume shipments of its gene-therapy drug, Elevidys.
Starbucks (SBUX): Shares in the coffee chain gained 4% premarket, despite earnings undershooting estimates. Starbucks said it was investing more than $500 million in staffing and abandoning pickup-only stores as part of its response to a sales slump.
Visa (V): The credit-card company posted forecast-beating results for last quarter, citing resilient consumer spending. However, shares fell nearly 2% before the bell.
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(END) Dow Jones Newswires
July 30, 2025 05:23 ET (09:23 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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