"While demand continues to grow into the first quarter, shortages of critical semiconductor components are negatively impacting our first quarter revenue outlook by more than $30 million," said CEO Alan Lowe

New Street Research analyst Pierre Ferragu joins only one other analyst on Wall Street in questioning the near-term prospects of the world's most valuable tech company.

Check out the latest news and performance numbers from the top technology and FAANG stocks, including Facebook, Microsoft, Zoom Communications, PayPal, Bumble, and more.

CFO Wajid Ali said fourth quarter sales guidance "consistent with our historical seasonality" despite "short-term headwinds in our industry".

Stock futures fall as investors await U.S. inflation data; gas shortages worsen as the biggest U.S. pipeline remains closed after a cyberattack; FuboTV soars after boosting its revenue forecast.

II-VI won the bidding war for laser-tech provider Coherent. Lumentum, the loser in the battle, said its offer was better.

Stocks moving in premarket trading Thursday include Nike, Rite Aid, Lumentum, RH and GrowGeneration.

Lumentum raised its bid to acquire Coherent to about $287.50 per share with a Wednesday deadline for acceptance.

II-VI lifted its bid for Coherent to a mix of $220 cash and 0.91 share for each Coherent shares. Coherent says the bid is superior to prior proposals.

Disney added more than 14 million new users to its flagship streaming service over the June quarter, taking its overall total to 221 million and overtaking Netflix as the world's biggest platform.

The theme park giant has been trying to make changes and that has caused some issues for its guests.

The pizza giant goes someplace pizza fans may not want to follow but Domino's, Pizza Hit, and Little Caesars don't sell this.