Serve Robotics shares jumped another 10% in overnight trading after soaring 41.7% on Thursday. The company announced the appointment of David Goldberg to its board of directors and the reappointment of Uber Technologies Inc executive Sarfraz Maredia.
Serve Robotics shares have been seeing increased attention since Nvidia reported a 10% stake in the robotics company.
Bitcoin remained above $66,000 as the Bitcoin Conference convened. Crypto stocks gained in overnight trading. MicroStrategy rose 4.6%; Coinbase rose 3.7%; Marathon Digital rose 3.4%; Riot Platforms rose 3.3%.
The footwear company Deckers Outdoor’s stock jumped 10.5% in overnight trading after Deckers reported fiscal first-quarter earnings of $4.52 per share on revenue of $825 million, exceeding analysts’ expectations for earnings of $3.48 per share on revenue of $808 million.
Shares of the medical device company DexCom plunged 36.5% in overnight trading. Dexcom’s fiscal full-year revenue guidance of $4 billion to $4.05 billion marked a reduction from the outlook it shared earlier in the year. Revenue in the second quarter missed analysts’ expectations, coming in at $1 billion versus consensus estimates of $1.04 billion, per LSEG. Insulet shares slipped 9.1% in sympathy.
The maker of Twisted Tea and Samuel Adams Boston Beer slid 2% in overnight trading after second-quarter results missed the Street’s estimates. Boston Beer posted earnings of $4.39 per share on revenue of $579 million, while analysts sought $5.02 per share in earnings and $597 million in revenue, per LSEG.
Shares of the online course provider Coursera surged 20.8%. Second-quarter revenue came in at $170 million, surpassing analysts’ estimates for $164 million, per LSEG. Coursera posted a loss of 15 cents per share, while the Street called for earnings of 1 cent per share.
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