Premarket movers: Mag 7 stocks are mixed (Microsoft +0.3%,Tesla +0.4%, Meta -0.01%, Amazon +0.2%, Alphabet -0.06%, Nvidia +0.09%, Apple +0.07%). Bullish (BLSH) rises 15% a day after the crypto exchange operator and CoinDesk owner raised $1.1 billion in an initial public offering. Bumble (BMBL) falls 11% after holders offered to sell shares at a 11% discount to the closing price. Coherent Corp. (COHR) sinks 20% after the fiscal 4Q report from the photonics company, which also said it would sell its Aerospace and Defense business to Advent for $400 million. Deere (DE) falls 5% after the agricultural-equipment giant trimmed the high end of its full-year net income outlook DLocal (DLO) surges 26% after the payments company reported net income for the second quarter that beat the average analyst estimate. NetEase ADRs (NTES) fall 6% after the company reported 2Q sales that missed estimates and growth at its core gaming segment fell short of expectations. Ibotta Inc. (IBTA) slumps 33% after the digital marketing software company provided a third-quarter forecast that trailed expectations. PagSeguro (PAGS) falls 6% after the company reported total payment volume in the second quarter below what analysts expected. Tapestry Inc. (TPR) declines 6% after its annual outlook for a key profit metric missed analysts’ forecasts due in part to tariffs, a sign that Wall Street is still adjusting to the full cost of duties for US companies. TeraWulf (WULF) soars 17% after signing two 10-year high-performance computing colocation deals with AI cloud platform operator Fluidstack. Source: BBG