Airbnb, Cloudflare, IREN Surge in Premarket as Chip Stocks Rebound From AI Selloff; DraftKings Sinks 20% — BigGo Finance

Airbnb shares rose after it posted Q3 diluted EPS of $3.16 vs $2.85 consensus, revenue $4.87B vs $4.75B, and raised 2026 revenue growth guidance.

Likely upward pressure as traders price in higher full-year growth and capital return.

The article reports multiple same-day, company-specific catalysts: EPS and revenue beats, forecast raise, and a sizable repurchase authorization.

Cloudflare climbed after Q3 revenue rose 39% to $782.5M and it beat adjusted EPS, while forecasting Q4 adjusted EPS of 43 cents on $845M-$846M revenue.

Likely positive reaction as the market focuses on the faster growth rate and higher current-quarter guidance.

The text includes both the beat (revenue and adjusted EPS) and explicit forward guidance that differs from consensus.

IREN surged after reporting fiscal Q1 2027 revenue of $228M, up 66% sequentially, with AI Cloud revenue nearly tripling and a narrowed net loss.

Likely volatility with a net positive bias as investors weigh the strong quarter against the pushed-out ARR milestone.

The article provides strong quarter results and margin/EBITDA improvement, but also flags a timing shift for a key recurring revenue target.

DraftKings sank more than 20% after posting a Q3 loss of 94 cents per share and revenue of $1.33B, both below consensus.

Likely continued downside pressure as the market digests the miss versus LSEG and StreetAccount expectations.

The article cites specific underperformance on EPS and revenue plus sportsbook revenue shortfall.

Atlassian dropped 15.8% after beating Q3 EPS and revenue but guiding fiscal 2027 revenue growth to about 13.75%, below the prior quarter’s 24%.

Likely negative bias as investors focus on the guidance deceleration despite the quarterly beat.

The text explicitly contrasts the guided growth rate with the earlier reported first-quarter growth rate.

Axon slid nearly 9% after Q3 adjusted earnings of $1.72 per share and revenue of $909M missed consensus, with weak fourth-quarter guidance.

Likely continued weakness as the market focuses on the guidance shortfall.

The article includes both the miss versus consensus and the characterization of weak guidance.

Affirm Holdings fell 4% even after issuing forward guidance above expectations and raising full-year GMV outlook, with credit concerns weighing.

Likely continued pressure if investors extend credit-quality worries into the forward period.

The article states guidance beat but emphasizes credit concerns as the reason for the decline.

Lyft dropped more than 5% after Q3 revenue of $1.82B missed consensus and fourth-quarter bookings guidance of $5.74B-$5.94B was around estimates.

Likely downside bias as traders focus on the revenue shortfall.

The article provides explicit revenue miss and guidance that is not clearly above consensus.