Why Alphabet Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket

Shares of Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results. The company increased its investment in capital expenditures in 2025.

Google parent Alphabet reported second-quarter revenue of $96.43 billion, beating analyst estimates of $93.72 billion. The company reported second-quarter earnings of $2.31 per share, beating estimates of $2.16 per share.

Alphabet jumped 3% to $196.00 in the pre-market trading session.

Here are some other stocks moving in pre-market trading.

Gainers

• Garden Stage Limited (NASDAQ:GSIW) shares jumped 58.1% to $0.2786 in pre-market trading after gaining 4% on Wednesday.
• Oriental Rise Holdings Limited (NASDAQ:ORIS) shares gained 41.3% to $0.2465 in pre-market trading after gaining around 9% on Wednesday.
• Incannex Healthcare Inc. (NASDAQ:IXHL) rose 37.6% to $1.39 in pre-market trading after jumping 20% on Wednesday.
• Healthcare Triangle, Inc. (NASDAQ:HCTI) climbed 28.1% to $0.0326 in pre-market trading after gaining 33% on Wednesday.
• MaxLinear, Inc. (NASDAQ:MXL) gained 22.3% to $18.78 in pre-market trading after the company reported better-than-expected second-quarter sales results and issued third-quarter sales guidance with its midpoint above estimates.
• Erayak Power Solution Group Inc. (NASDAQ:RAYA) surged 21.2% to $0.2166 in pre-market trading.
• Pixelworks, Inc. (NASDAQ:PXLW) surged 16.1% to $14.70 in pre-market trading after jumping 20% on Wednesday.
• ICON Public Limited Company (NASDAQ:ICLR) gained 16.7% to $196.00 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY25 sales guidance.
• American Eagle Outfitters, Inc. (NYSE:AEO) rose 14.6% to $12.40 in pre-market trading following the launch of a new advertising campaign featuring actress Sydney Sweeney. The surge adds to speculation that the apparel retailer could become the latest target in the ongoing meme stock phenomenon.

Losers

• Sadot Group Inc. (NASDAQ:SDOT) dipped 29.5% to $1.10 in pre-market trading as the company announced the pricing of public offering.
• Community Health Systems, Inc. (NYSE:CYH) dipped 21.9% to $3.03 in pre-market trading after the company posted second-quarter results.
• Helix Energy Solutions Group, Inc. (NYSE:HLX) declined 14.1% to $5.97 in pre-market trading as the company posted downbeat second-quarter results and lowered its FY2025 sales guidance.
• Pineapple Financial Inc. (NASDAQ:PAPL) declined 13.5% to $5.15 in pre-market trading after gaining 70% on Wednesday.
• Galapagos NV (NASDAQ:GLPG) fell 13.4% to $28.78 in pre-market trading. Galapagos posted a second-quarter loss of $1.45 per share.
• FOXO Technologies Inc. (NYSE:FOXO) shares tumbled 13% to $0.14 in pre-market trading after gaining 43% on Wednesday.
• Palisade Bio, Inc. (NASDAQ:PALI) fell 12.3% to $1.07 in pre-market trading after the company announced exercise of previously issued warrants for $3.9 million.
• Chipotle Mexican Grill, Inc. (NYSE:CMG) fell 10.6% to $47.21 in pre-market trading after the company reported worse-than-expected quarterly sales results.
• STMicroelectronics N.V. (NYSE:STM) fell 10.3% to $28.52 in pre-market trading following downbeat quarterly earnings.
• Tesla, Inc. (NASDAQ:TSLA) shares fell 6.5% to $310.99 in pre-market trading as the company reported weaker-than-expected second-quarter financial results after market close Wednesday.

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