"Stocks to Watch: Affirm, Gap, Marvell, Nordstrom, Autodesk, Dollar Tree, Nvidia, Petco"

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Source: CNBC
"Stocks to Watch: Affirm, Gap, Marvell, Nordstrom, Autodesk, Dollar Tree, Nvidia, Petco"
Photo: CNBC
TL;DR Summary

Affirm's stock rose 10.8% after reporting better-than-expected quarterly results, with improved credit results and accelerated growth. Nordstrom's shares fell nearly 4% despite beating earnings and revenue expectations, as sales declined from the previous year. Gap's stock rose almost 2% despite mixed quarterly results, with adjusted earnings beating estimates but revenue falling short. Marvell's shares dropped over 5% despite surpassing Wall Street's estimates for earnings and revenue. Ulta Beauty's stock gained over 2% after reporting better-than-expected second-quarter results and raising its full-year forecast. Intuit's shares fell over 2% despite beating earnings expectations, as its revenue guidance for the current quarter fell below estimates. Workday's stock jumped 4% after posting a beat on the top and bottom lines in the second quarter and raising its fiscal 2024 subscription revenue forecast.

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