Stocks making the biggest moves premarket: Enbridge, Roku, Gitlab and more

Roku stock jumped on plans to cut workforce by 10% and raised Q3 revenue outlook.
Zscaler beat Q4 earnings estimates and provided strong guidance, but shares fell.
Enbridge acquiring Dominion Energy's gas utilities for $9.4B; shares of both companies down.
ResMed upgraded by Needham on belief CPAP demand concerns overblown.
GitLab shares up on strong Q2 results; Toast upgraded by UBS citing new customer additions.

cnbc.com

Relevant topic timeline:

8/27/2023

A Bull Market Is Coming: 1 Magnificent Growth Stock to Buy Hand Over Fist Before It Soars 1,800%, According to Wall Street

Summary: Roku, the streaming platform with the largest market share in North America, is poised for significant growth as the cable TV industry continues to decline and more viewers turn to streaming video, leading to an opportunity for investors to buy the stock at its current discounted valuation.

8/27/2023

History Says a Bull Market Is Coming: 2 Superb Growth Stocks to Buy Now and Hold Through the Rally

The S&P 500 is close to reaching a record high, signaling the upcoming arrival of a new U.S. bull market, and investors should consider buying stocks like Roku and Datadog that have strong growth potential.

8/30/2023

Salesforce shares pop on earnings beat and optimistic forecast

Salesforce shares surged 6% in after-hours trading as the company exceeded Wall Street's expectations with strong quarterly results and increased guidance, driven by growth in all product categories and a focus on artificial intelligence.

9/6/2023

Roku Laying Off 10% of Employees, Will Take up to $65 Million Charge to Remove Streaming Content

Roku is cutting 10% of its workforce, removing certain content, and implementing other cost-cutting measures in an effort to control expenses and reduce operating expense growth.

9/6/2023

Stocks making the biggest moves midday: Roku, Tesla, AMC, AeroVironment and more

Roku's shares rose 3% after announcing layoffs and office space consolidation, while Tesla, Apple, and AMC Entertainment experienced declines in midday trading.

9/7/2023

A Nasdaq Bull Market Is Coming: 2 No-Brainer Growth Stocks to Buy With $3,000 Right Now

The Nasdaq Composite has surged 33% this year, signaling the onset of a new bull market, and two growth stocks, Roku and MercadoLibre, present attractive investment opportunities due to their growth prospects and reasonable valuations.