Gainers : Shopify (+27.32%): Shopify's shares surged after the company reported second-quarter revenue and profit that exceeded Wall Street estimates. The e-commerce platform also provided an optimistic outlook for the third quarter, expecting revenue growth in the low-to-mid-twenties percent range, which further fueled the stock's rally. Axon (+24.85%): Axon Enterprise shares rose after the company reported better-than-expected Q2 results and raised its full-year revenue outlook. The technology and weapons company posted Q2 non-GAAP earnings of $1.20 per share, surpassing analysts' expectations of $0.98. Net sales for the quarter reached $504.1 million, significantly higher than the anticipated $478.4 million. Axon also increased its full-year revenue guidance to a range of $2.00 billion to $2.05 billion, up from the previous range of $1.94 billion to $1.99 billion Palantir : (+21.3%): The company, known for its secretive operations and high-profile leadership, has been making strides in improving its financial health. Palantir shares jumped following the company's upward revision of its annual revenue forecast to $2.74 billion. The strong performance is attributed to unprecedented demand for its artificial intelligence solutions, which drove significant growth in both commercial and government sectors. Fortinet :( +23.32%): Fortinet stock soared after the cybersecurity provider posted second-quarter earnings and revenue that exceeded Wall Street analyst estimates. A notable highlight was the growth in operating margin. Kellanova (+18.89%): The stock of the U.S. snack maker rose due to the potential acquisition by Mars. It has a market value of $31 billion, including debt. Legal experts believe the deal has a good chance of passing global antitrust regulators. The acquisition would combine Mars' candy and sweets portfolio with Kellanova's salty snacks business. The new entity would account for roughly 12% of the US snacking and candy industry. As a privately held company, Mars does not have publicly traded stock. Losers : Super Micro Computer (-18.55%): Super Micro Computer shares dropped due to concerns over high production costs for AI server chips, which negatively impacted its profit forecast. The company's Q4 adjusted gross margin was 11.3%, below the analysts' estimate of 14.1%. Despite CEO Charles Liang's reassurance that margins would normalize by the end of fiscal 2025, the current-quarter profit forecast fell short of Wall Street targets. This overshadowed the company's optimistic sales forecasts. McKesson (-14.15%): McKesson shares struggled after the release of its fiscal Q1 results, which missed revenue expectations. The company reported fiscal Q1 adjusted earnings of $7.88 per diluted share, exceeding analysts' estimates of $7.21. However, revenue for the quarter was $79.28 billion, falling short of the expected $82.6 billion. Despite boosting its fiscal 2025 adjusted earnings guidance, the revenue miss led to a significant drop in the stock price. Monster Beverage : (-10.75%): Monster Beverage reported Q2 results that missed Wall Street's estimates. Net income for the June quarter was $0.41 per share, below the expected $0.46. Sales rose 2.5% year-over-year to $1.9 billion, missing the consensus estimate of $2.01 billion. The company cited lower growth rates in the energy drink category and reduced convenience store foot traffic as factors contributing to the weak performance. Additionally, operating expenses increased, further impacting profitability. Airbnb (-10.26%): Airbnb's stock plunged after the company provided a disappointing forecast for the next quarter, citing a slowdown in demand from American tourists. Although the second-quarter revenue met expectations, the outlook for the upcoming quarter fell short, leading to a significant drop in share price. | 
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