According to CNBC, Abercrombie & Fitch surged 37% in midday trading after fiscal second-quarter results beat estimates and the retailer raised its full-year outlook. The company posted adjusted earnings of $2.42 per share as revenue grew 5% to $1.27 billion, aided by tariff refunds and stronger growth at its Abercrombie unit. Intuit fell 4% after issuing disappointing fiscal 2027 guidance, projecting revenue of $23.3 billion to $23.5 billion versus analysts' estimate of $23.7 billion, per FactSet, even as fiscal fourth-quarter earnings and revenue beat. Intuit's forecast pressured software peers, with ServiceNow and Workday each down about 2% and Salesforce off 1%. Meta Platforms rose 3% after the company and state attorneys general reached a settlement in a case alleging Meta deliberately made its apps addictive for teenagers; a trial began last week in California. Zoom Communications dropped 7% after its third-quarter forecast of $1.46 to $1.48 per share trailed the FactSet estimate of $1.50. Kohl's gained 2% after raising its full-year outlook, helped partly by $150 million in tariff refunds received in the second quarter, and said it would restart share buybacks of up to $100 million in 2026. J.M. Smucker climbed 3% after fiscal first-quarter revenue of $2.22 billion topped an LSEG consensus of $2.13 billion, with adjusted earnings of $3.24 per share. SolarEdge Technologies jumped nearly 8% after UBS upgraded the stock to buy, citing a new Federal Communications Commission policy expected to boost market share and pricing power. Semtech rose more than 8% after second-quarter adjusted earnings of 71 cents per share beat a FactSet consensus of 61 cents, with revenue and current-quarter guidance also exceeding expectations. Boston Scientific fell 5% after telling the Securities and Exchange Commission that a cybersecurity incident is expected to cause disruptions and limited product access, with no restoration timeline. SAP declined 3% after UBS downgraded the software platform to neutral, citing slow delivery of agentic AI that is limiting monetization.