Check out the companies making headlines before the bell. Ulta Beauty \u2014 Shares of the beauty retailer popped a whopping 13% in premarket trading after a regulatory filing revealed that Warren Buffett’s Berkshire Hathaway took a stake worth $266 million in the second quarter. The bet is relatively minor for Berkshire, whose equity portfolio is worth more than $300 billion, so it’s possible Buffett lieutenants Ted Weschler and Todd Combs are behind the stake. Walmart \u2014 The stock surged 7% after the retailer surpassed Wall Street’s top-and-bottom line expectations and lifted its full-year guidance, citing healthy consumers. The company posted adjusted earnings of 67 cents per share on $169.34 billion in revenue. Cisco Systems \u2014 Shares gained 6% after the networking company topped Wall Street’s fiscal fourth-quarter estimates and announced plans to layoff 7% of its workforce. The company said it is undertaking a restructuring plan that will contribute to $1 billion in pretax charges to its financial results. Tapestry \u2014 The owner of Coach and Stuart Weitzman saw shares rise 5% on strong quarterly results. Earnings came in 4 cents above estimates. Tapestry also topped revenue estimates. Nike \u2014 The sports apparel company’s stock rose more than 4% after Bill Ackman’s Pershing Square Capital Management disclosed that it bought the stock during the second quarter. Pershing Square had more than 3 million shares of Nike at the end of the June, according to a securities filing. Snowflake \u2014 The cloud stock slipped 4% on the back of a Wells Fargo downgrade to equal weight from overweight. Wells Fargo said Snowflake’s premium multiple is becoming harder to justify as the company faces headwinds. Lumentum Holdings \u2014 Shares of the optical provider soared more than 14% higher on stronger-than-expected fiscal fourth-quarter results. Earnings came in at 6 cents per share, topping a FactSet estimate of 2 cents per share. Revenue also beat expectations. Alibaba \u2014 The Chinese internet giant slid about 4% after Alibaba’s most recent quarter missed expectations . Revenue came in at 243.24 billion Chinese yuan ($34.01billion), lower than the 249.05 billion yuan expected by analysts, according to LSEG. Net income of 24.27 billion yuan missed the 26.91 billion yuan consensus estimate. Deere \u2014 The manufacturer of agricultural machinery rose 2.5%. Deere topped Wall Street’s fiscal third-quarter estimates, posting earnings of $6.29 per share on $11.39 billion in revenue. That surpassed the $5.63 per share on $10.84 in revenue expected by analysts polled by LSEG. Robinhood \u2014 Robinhood added 2% after Deutsche Bank upgraded shares to a buy rating , citing an attractive entry point following the recent sell-off and earnings revisions. Nucor \u2014 The steelmaker’s stock edged up about 1% after Morgan Stanley upgraded shares to overweight , citing strong earnings growth potential in 2025 and 2026. Dutch Bros \u2014 Shares of the coffee chain moved 3% higher following an upgrade at UBS to buy from neutral. The bank said concerns over Dutch Bros slowing growth appear overblown and sees “energizing growth potential” for the stock. \u2014 CNBC’s Yun Li, Alex Harring, Jesse Pound, Sarah Min and Michelle Fox contributed reporting<\/span><\/span><\/span><\/span><\/p>\n<\/div>\n<\/div>\n Source: www.cnbc.com<\/p>\n","protected":false},"excerpt":{"rendered":" Check out the companies making headlines before the bell. Ulta Beauty \u2014 Shares of the beauty retailer popped a whopping 13% in premarket trading after a regulatory filing revealed that Warren Buffett’s Berkshire Hathaway took a stake worth $266 million in the second quarter. The bet is relatively minor for Berkshire, whose equity portfolio is…<\/p>\n","protected":false},"author":1,"featured_media":86746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"WB4WB4WP_MODE":"","WB4WP_PAGE_SCRIPTS":"","WB4WP_PAGE_STYLES":"","WB4WP_PAGE_FONTS":"","WB4WP_PAGE_HEADER":"","WB4WP_PAGE_FOOTER":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[78],"tags":[],"class_list":["post-86745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\n