How I Made $5000 in the Stock Market

These Stocks Moved the Most Today: Duolingo, Marvell, Tesla, Qualcomm, Robinhood, CarMax, Datadog, DoorDash, and More

Nov 06, 2025 05:32:00 -0500 by Joe Woelfel | #Technology

Traders working at the New York Stock Exchange. (NYSE)

Key Points

Stocks fell sharply Thursday, with the Nasdaq Composite down nearly 2%, as the market digested the latest private labor market data.

These stocks made notable moves:

Qualcomm fell 3.6%. The maker of chips for Android smartphones posted better-than-expected fiscal fourth-quarter adjusted earnings of $3 a share on revenue of $11.27 billion. However, expense growth exceeded expectations, and the outlook for automotive chip sales was weak.

Third-quarter earnings from advertising technology company AppLovin beat Wall Street estimates, sending the stock up 0.7%. AppLovin posted a profit of $2.45 a share, 7 cents better than consensus, and said it anticipates fourth-quarter revenue of $1.57 billion to $1.6 billion, higher than estimates of $1.55 billion.

Chip designer Arm Holdings reported fiscal second-quarter earnings that topped analysts’ forecasts. U.S.-listed shares dropped 1.3%. For the current third quarter, the U.K.-based company said it expects adjusted profit of 41 cents a share on revenue of $1.23 billion. Wall Street was looking for earnings of 35 cents a share on revenue of $1.11 billion.

Marvell Technology rose 0.5% following a report that Japan’s SoftBank Group explored a potential takeover of the chip company several months ago. SoftBank founder Masayoshi Son potentially was interested in acquiring Marvell to merge it with chip designer Arm—in which SoftBank has a majority stake—but the two sides couldn’t reach an agreement on terms, Bloomberg reported, citing people familiar with the matter.

Tesla traded down 3.5% as shareholders geared up for the electric-vehicle maker’s annual meeting Thursday. On the agenda: CEO Elon Musk’s trillion-dollar pay package. Wall Street expects shareholders to approve the deal. Norway’s sovereign-wealth fund earlier this week disclosed it was voting against Musk’s compensation, the first major investor to reveal its decision.

Moderna gained 3.3% after the vaccine maker reported better-than-expected quarterly results and narrowed its full-year guidance. Moderna posted a loss of 51 cents a share for the third quarter, down from a profit of 3 cents last year, but narrower than analysts’ consensus calls for a loss of $2.12.

Eli Lilly rose 1.3% and U.S.-listed shares of Novo Nordisk fell 4% after the pharmaceutical giants reached an agreement with the Trump administration that would allow Medicare to pay for weight-loss medicines for the first time.

DuPont fell 1.2%. The materials and chemicals company reduced its full-year net sales forecast to $6.84 billion, down from previous guidance of $6.865 billion. DuPont’s board authorized $2 billion in stock repurchases and declared a quarterly dividend of 20 cents a share.

Carriers Delta Air Lines, United Airlines, and American Airlines declined 1.3%, 1%, and 2%, respectively. Transportation Secretary Sean Duffy said there would be a 10% reduction in flight capacity at the top 40 U.S. airports beginning Friday as air-traffic controllers work without pay during the prolonged government shutdown.

Robinhood Markets posted third-quarter earnings and revenue well above analysts’ expectations, but transaction-based revenue of $730 million, up 129% from a year earlier, missed projections. Shares of the stock trading and crypto platform fell 11%.

Snap jumped 9.7% after the social-media platform narrowed its loss in the third quarter and said AI company Perplexity would pay it $400 million over one year to integrate its artificial intelligence-powered search engine into Snapchat.

Datadog surged 23%. The software maker posted better-than-anticipated earnings and revenue in the third quarter. For the current fourth quarter, Datadog guided for revenue of $914 million at the midpoint of its range. Analysts were looking for $889 million.

Celsius Holdings sank 25%. The energy-drink company said a transition of a large portion of its newly acquired Alani Nu business into PepsiCo’s distribution network will impact reported results, “as the company primarily recognizes revenue upon delivery to its distributor partners and retailers.”

CarMax tumbled 24% after the nation’s largest seller of used cars said its current CEO, Bill Nash, will step down and depart the board, effective Dec. 1. Board member David McCreight will serve as interim president and CEO, while a search for a permanent CEO is under way.

DoorDash declined 17% after the food-delivery company missed third-quarter earnings expectations and said it currently expects to “invest several hundred million dollars more in new initiatives and platform development in 2026 than we did in 2025.”

Duolingo cratered 25% after the language learning platform said it expects fourth-quarter bookings of $329.5 million to $335.5 million, below Wall Street estimates.

E.l.f. Beauty sank 35% after the beauty company issued full-year guidance that was below Wall Street expectations. E.l.f. expects adjusted earnings of $2.80 to $2.85 a share on sales of $1.55 billion to $1.57 billion. Analysts forecast adjusted earnings of $3.53 on revenue of $1.65 billion.

Earnings reports were expected after the closing bell Thursday from Airbnb, Monster Beverage, Take-Two Interactive Software, Block, Microchip Technology, Sandisk, Expedia, Trade Desk, and Affirm Holdings.

Write to Joe Woelfel at joseph.woelfel@barrons.com and Mackenzie Tatananni at mackenzie.tatananni@barrons.com