Month: July 2025
Hector Retamal/AFP via Getty Images
- Tesla shares fell 6% in pre-trading after reporting a 12% revenue drop in second-quarter results.
- The stock rose slightly before the closing bell, before retreating on Thursday.
- Alphabet, Chipotle, IBM, and Hims & Hers Health also saw notable premarket moves.
Tesla’s, Alphabet’s, and IBM’s second-quarter earnings are on investors’ minds this morning. Hims & Hers Health and Chipotle are also getting attention.
This is where they were trading premarket at 7 a.m. ET Thursday.
1. Tesla
The move: Elon Musk‘s EV maker is down about 6% to $313.44 a share after rising slightly over 0.1% on Wednesday.
Why: Tesla reported disappointing second-quarter results before the closing bell on Wednesday, with revenue dropping 12% year-on-year — the biggest fall in a decade. Shares rose after the past two earnings reports, despite also being weak.
2. Alphabet
The move: Alphabet’s stock jumped 3% to $197.43 per share following a loss of 0.6% on Wednesday.
Why: Google’s parent company posted better-than-expected second-quarter earnings on Wednesday. Its share price faltered at first on the news that the company’s capital expenditure would increase by $10 billion this year. But advertising revenue was up 10% year-on-year, driven by AI.
3. Chipotle
The move: Chipotle declined almost 11% to $47.13 a share. It was up about 0.8% on Wednesday.
Why: The fast food chain cut its forecast for same-store sales in 2025 on Wednesday before the closing bell, saying it now expects these to be flat.
4. IBM
The move: The tech giant fell over 5% to $267.12 a share after gaining 0.02% on Wednesday.
Why: Second-quarter earnings showed 5% revenue growth in constant currency year-on-year, but software revenue fell 0.5% short of predictions. IBM stuck to its previous revenue outlook of a 5% increase in constant currency for the whole year.
5. Hims & Hers Health
The move: Hims & Hers fell 2% to $56.88 a share after climbing 16% on Wednesday.
Why: The telehealth company has soared since chatter increased across X about its potential as a disruptor in the healthcare industry. Revenue grew 111% in the first quarter year-on-year. It reports its second-quarter results in early August.
Kazakhstan is preparing legislative amendments that will significantly increase criminal liability for violence against medical personnel, equating such offenses with attacks on law enforcement officers.
The initiative follows a directive from President Kassym-Jomart Tokayev, who urged the government to take stronger action to protect medical staff amid a growing number of violent incidents. At a recent meeting, Prime Minister Olzhas Bektenov reviewed proposals presented by Health Minister Akmaral Alnazarova.
The Ministry of Health is drafting legislation that would classify attacks on healthcare workers in the same legal category as assaults on police officers. Proposed measures also include equipping staff with smart video badges, installing comprehensive security systems in hospitals, and deploying permanent police posts in emergency departments.
Under the current Criminal Code, an attack on a law enforcement officer is punishable by up to 10 years in prison, while attempted murder carries a sentence of 10 to 15 years with property confiscation.
Speaking at a briefing, Minister Alnazarova announced the introduction of a new article in the Criminal Code addressing threats and violence against medical workers. Threats alone could result in up to two years’ restriction of liberty. Violence against a single medical worker may carry a sentence of 1 to 10 years, while attacks involving multiple perpetrators or targeting groups of workers could lead to up to 15 years of imprisonment.
“These are adequate and necessary measures to protect our medical workers,” Alnazarova said, adding that the bill would be submitted to the Mazhilis, the lower house of parliament, in September.
According to the Health Ministry, over 170 cases of violence against doctors, nurses, paramedics, and other healthcare staff have been recorded in Kazakhstan since 2019.
“Such incidents must be resolutely suppressed by legal means,” Bektenov emphasized. “I instruct the ministries of health, internal affairs, and justice to develop and submit the necessary legislative amendments to parliament within ten days.”
As previously reported by The Times of Central Asia, two recent assaults on medical personnel in Kazakhstan resulted in hospitalizations. In response, the health minister issued a public appeal urging an end to violence against medical staff.
