Leon Neal U.S. stock index futures on Friday pointed to a lower open, a day after Wall Street notched its best intraday performance since November 2022.
Here are some stocks to watch on Friday: U.S.-listed shares of Taiwan Semiconductor Manufacturing ( TSM ) climbed nearly 2% ahead of market open, after the world's largest contract chipmaker announced a ~45% Y/Y jump in July revenue.
Taiwan Semi ( TSM ) - which makes chips for some of the biggest tech companies in the world including Apple ( AAPL ) and Nvidia ( NVDA ) - said revenue in July came in at NT$256.95B ($7.94B), a 23.
6% increase from June and a 44.7% surge from July 2023. The July report pointed to continued demand for artificial intelligence chips and comes as a bit of a relief to a U.
S. technology sector gripped by an ongoing selloff. Gilead Sciences ( GILD ) stock was slightly higher in pre-market trading.
The drugmaker after hours on Thursday reported a 5% Y/Y rise in total Q2 product sales to $6.9B, as strong demand for its HIV and liver disease medicines more than offset falling sales of its COVID-19 therapy, Veklury. Gilead's ( GILD ) blockbuster HIV treatment Biktarvy brought in quarterly sales of $3.
2B. The Foster City, Calif.-based drugmaker also saw sales of its liver disease portfolio increasing 17% to $832M in Q2.
Earlier this year, Gilead ( GILD ) had boosted that portfolio with a $4.3B acquisition of CymaBay Therapeutics. See how GILD performed in charts .
Shares of Take-Two Interactive Software ( TTWO ) gained more than 6% ahead of the opening bell, after the video game publisher forecasted sequential increases in net bookings for fiscal years 2026 and 2027 as it gears up for the launch of its long-awaited Grand Theft Auto VI game next fall. Developed by Take-Two's ( TTWO ) Rockstar Games, the Grand Theft Auto series is one of the most popular video game franchises in the world. "Unit sales for Grand Theft Auto V continue to grow, and to date, the title has sold-in over 200M units," Take-Two ( TTWO ) top boss Strauss Zelnick said on the earnings conference call.
The company's FQ1 2025 net bookings missed consensus estimates. See how TTWO performed in charts . Unity ( U ) stock slipped marginally in pre-market trading, after the gaming software firm delivered a 16% Y/Y fall in Q2 revenue and trimmed its full-year revenue guidance for its strategic portfolio.
Unity ( U ) also said its finance chief, Luis Visoso, would be departing the company. This is Unity's ( U ) first quarterly report since new top boss Matt Bromberg took the helm, who has initiated a portfolio reset for the company. Bromberg said the reduction in the full-year revenue guidance represented a "more cautious approach" to the recovery in the company's Grow Solutions business.
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