Earnings
Gap jumps, Marvell sinks, and the earnings tape gets choppy
The day’s biggest stock swings come from company-specific reactions, not the major indexes.
The earnings and company-news tape is uneven. Gap jumps 12.9% to 23.48, while Marvell Technology drops 10.3% to 216.62 and PayPal falls 12.7% to 53.66. Workday gains 5.8% to 204.72, Domino's Pizza adds 5.4% to 350.0, and lululemon rises 5.0% to 120.81.
CNBC says Gap’s move follows the company naming a new Old Navy CEO to revive the brand. CNBC also says Marvell slides after its outlook underwhelms despite 37% revenue growth. Those are the clearest headline-linked moves in the day’s list.
A number of other actively traded names stay under pressure, including NVIDIA, Intel, and IREN. On the positive side, Elastic N.V. tops the marketwide gainers list, up 19.3%, though no headline in the provided feed explains the move directly.
The broader earnings calendar turns to next week. DELL, NIO, MDT, M, PANW, MDB, CRDO, GTLB, and others are due on 2026-09-01, while SAIC, FRO, CCG, CANG, and PXS report on 2026-08-31.