{"id":80114,"date":"2023-11-03T03:44:10","date_gmt":"2023-11-03T07:44:10","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/these-stocks-are-moving-the-most-today-roku-shopify-doordash-palantir-affirm-and-more\/"},"modified":"2023-11-03T03:44:13","modified_gmt":"2023-11-03T07:44:13","slug":"these-stocks-are-moving-the-most-today-roku-shopify-doordash-palantir-affirm-and-more","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=80114","title":{"rendered":"These Stocks Are Moving the Most Today: Roku, Shopify, Doordash, Palantir, Affirm, and More"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000787651\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<p>        <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>Stocks soared on Thursday as bond yields pulled back. Earnings reports and other events had some individual stocks moving fast.<\/p>\n<p>The Dow Jones Industrial Average soared more than 560 points, or 1.7%. The S&amp;P 500 rose 1.9%. The Nasdaq Composite rose 1.8%.<\/p>\n<div class=\"paywall\">\n<p>And risk was certainly on. The 10-year Treasury fell to 4.674%, helping to allay investor concerns. The Cboe Volatility Index, or VIX\u2014a measure of implied volatility for the S&amp;P 500\u2014fell 7.6% to 15.59, down from a peak of 23.08 on Oct. 23.<\/p>\n<p>The Federal Reserve left interest rates unchanged at its Wednesday meeting, and Chairman Jerome Powell seemed dovish enough to send stocks rallying after a dismal October.<\/p>\n<p>While measures of implied volatility have been falling, stocks making 20%-plus moves higher were plentiful.\u00a0<\/p>\n<p>These are the stocks moving the most on Thursday:<\/p>\n<p>Roku (ROKU) stock jumped 31% after the company\u2019s third-quarter revenue of $912 million rose from a year earlier and topped estimates of $857 million. Active accounts of 75.8 million rose 2.3 million from the second quarter. The streaming media company also offered better-than-expected fourth-quarter guidance for revenue, at $955 million, and adjusted earnings before interest, taxes, depreciation, and amortization of $10 million.<\/p>\n<p>Shopify (SHOP) shares rose 22% after the e-commerce software provider beat third-quarter revenue and earnings estimates.<\/p>\n<p>\n        DoorDash<br \/>\n       (DASH) reported a narrower-than-expected third-quarter loss and total orders that rose 17% to 543 million,\u00a0better than analysts\u2019 expectations. Revenue in the period rose 27% to $2.2 billion. Shares of the food delivery company rose 16%.<\/p>\n<p>Palantir Technologies (PLTR) jumped 20% after the data-analytics software company posted better-than-expected financial results for the third quarter, getting a boost to its commercial business from its push into AI-powered analytics applications. <\/p>\n<p>Affirm Holdings (AFRM) and Amazon.com (AMZN) announced an expansion of their partnership that makes<br \/>\n        Affirm<br \/>\n       the first pay-over-time option available at checkout on Amazon Business. Affirm stock rose 19%, while Amazon shares were up 0.8%.<\/p>\n<p>\n        Starbucks<br \/>\n       (SBUX) jumped 9.5% after the coffee chain reported fiscal fourth-quarter earnings of $1.06 a share, topping estimates of 97 cents. Revenue rose 11% to a record $9.4 billion.<\/p>\n<p>Qualcomm (QCOM) issued a fiscal first-quarter revenue forecast of $9.1 billion to $9.9 billion, above the consensus of $9.2 billion at the midpoint of the range. It expects earnings in the period of between $2.25 and $2.45 a share, above estimates of $2.22. The chip maker reported fiscal fourth-quarter earnings that topped Wall Street expectations. Shares rose 5.8% Thursday.<\/p>\n<p>Apple (AAPL) rose 2.1% ahead of its quarterly earnings report scheduled for after the closing bell Thursday.<\/p>\n<p>And there were certainly stocks that were down for the day, notably<br \/>\n        Crocs<br \/>\n       (CROX). Its shares fell 5.3% after the footwear firm\u2019s lowered guidance overshadowed a strong third-quarter report.<\/p>\n<p>\n        SolarEdge<br \/>\n      (SEDG) was off 4% after the solar-power company reported a surprise loss and a 13% drop in third-quarter revenue. The company issued a weak revenue forecast for the fourth quarter, citing a \u201cslow market environment.\u201d <\/p>\n<p>That\u2019s a lot of volatility\u2014even if the overall stock market doesn\u2019t show it.<\/p>\n<p>Write to Joe Woelfel at\u00a0joseph.woelfel@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/stock-market-movers-84274fdb?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks soared on Thursday as bond yields pulled back. Earnings reports and other events had some individual stocks moving fast. The Dow Jones Industrial Average soared more than 560 points, or 1.7%. The S&amp;P 500 rose 1.9%. The Nasdaq Composite rose 1.8%. And risk was certainly on. The 10-year Treasury fell to 4.674%, helping to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":80115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-80114","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>These Stocks Are Moving the Most Today: Roku, Shopify, Doordash, Palantir, Affirm, and More | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Stocks soared on Thursday as bond yields pulled back. Earnings reports and other events had some individual stocks moving fast. 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