Check out the companies making headlines before the bell rings: Boeing — Shares fell more than 1% after NASA said it would ask SpaceX to return two astronauts from the International Space Station on Saturday. Boeing has said the Starliner is safe for astronauts to return in the event of an emergency, despite multiple delays to the return. NASA said its risk assessment differed from Boeing’s. PDD Holdings — Temu’s parent company fell 16% after disappointing second-quarter results. The China-based online retailer posted revenue of 97.06 billion yuan, compared with FactSet’s estimate of 100.17 billion yuan. Management said pressure on revenue growth is likely to continue due to increased competition and other headwinds. BJ’s — Shares rose more than 1% after JPMorgan upgraded the wholesaler to neutral from underweight as the company reinvests in its business and benefits from consumer downgrades. Planet Fitness — Baird maintained its overweight rating on Planet Fitness and named it a “bullish new stock” through the end of the year, sending shares up 1.5%. The firm said it sees the gym chain as an attractive investment in a slowing growth environment. Petrobras — The Brazilian oil giant’s U.S.-listed shares rose 2.3% after Morgan Stanley upgraded the stock to overweight from equal weight. The bank expects strategic continuity from the new CEO and CFO, as well as the reintroduction of a special dividend. SolarEdge Technologies — Shares rose more than 6% after SolarEdge announced that CEO Zvi Rand would step down immediately. Ronen Feyer, who had previously served as CFO, has been named interim CEO. — CNBC’s Sarah Min, Michelle Fox and Samantha Subin contributed reporting.
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