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MarketWatch, trending stocks

The renewed optimism that the Fed will slow the pace of interest-rate increases!

aided by October producer-price index data that came in cooler than expected. That lifted stocks Tuesday

Tweet on Home Depot delivered significant earnings

Trending stocks today:

Shoals Technologies: The solar technology company’s shares jumped 17% premarket after it reported higher earnings and revenue from a year ago.

Home Depot: The retailer’s shares declined 2% in premarket trading after it beat earnings expectations but affirmed its full-year outlook.

Azenta: Shares of the life-sciences company rocketed 32% higher premarket after it reported earnings and said it plans to repurchase at least $1 billion of common stock over the coming year.

Estée Lauder: The cosmetics giant is nearing a deal to buy Tom Ford for roughly $2.8 billion, building on a longstanding licensing deal and marking its largest-ever acquisition, according to people familiar with the matter.

BuzzFeed: The digital media company reported a wider loss but better-than-expected revenue. Its shares added 1.2% premarket.

J&J Snack Foods: The food maker said that inflation had weighed on its results for the recent quarter despite strong sales. Its shares fell 4.3% off hours.

Walmart, Krispy Kreme and Advance Auto Parts are among the companies reporting earnings Tuesday.