Check out the companies making headlines in premarket trading. Walmart – The retail giant gained about 4% after posting fiscal third-quarter results that surpassed Wall Street’s estimates. Walmart also boosted its guidance as customers buy more than groceries. Lowe’s — The home improvement retailer’s shares fell 1.7%. Although the company reported a top- and bottom-line beat in the fiscal third quarter, it estimates sales will fall year over year. Lowe’s forecasts comparable sales to drop from 3% to 3.5%, slightly better than the 3.5% to 4% decline it previously anticipated. Super Micro Computer — The server maker soared around 26% after announcing BDO as its new auditor. The news came after Ernst & Young stepped down last month. Super Micro also provided a plan to the Nasdaq on how it will stay in compliance with exchange’s rules. Symbotic — The automation technology company surged 28.5% after beating expectations for revenue in the fourth fiscal quarter. Revenue came in at $576.8 million in the fourth quarter, well above the $470.2 million figure penciled in by Wall Street. Symbotic also offered strong current-quarter top-line guidance. AeroVironment — The stock dropped 5% after the defense contractor announced it was acquiring BlueHalo in an all-stock transaction valued at $4.1 billion. AeroVironment said the deal will “usher in the next ear of defense technology” for the company. BioNTech — Shares gained 1.9% after Evercore ISI upgraded the German biotechnology company to outperform from in line. Evercore ISI said the “chaos” following President-elect Donald Trump’s election of Robert F. Kennedy Jr.’s nomination to the Department of Health and Human Services is a buying opportunity for investors. Nvidia — Stock in the artificial intelligence darling and market bellwether advanced about 1.5% in premarket trading. Nvidia is set to report third-quarter results on Wednesday, and investors will be paying particularly close attention to demand for the company’s Blackwell chip . — CNBC’s Sarah Min, Samantha Subin, Hakyung Kim, Sean Conlon, Brian Evans and Michelle Fox contributed reporting
#Stocks #making #biggest #moves #premarket #Walmart #Lowes #Super #Micro #Computer #BioNTech
regwall-marketmovers,Business,Breaking News: Markets,Stock markets,Economy,Markets,Market Insider,Super Micro Computer Inc,Earnings,Symbotic Inc,FactSet Research Systems Inc,Biontech SE,Robert F. Kennedy Jr.,Donald Trump,Lowe's Companies Inc,Walmart Inc,AeroVironment Inc,NVIDIA Corp,Sean Conlon,business news
latest news today, news today, breaking news, latest news today, english news, internet news, top news, oxbig, oxbig news, oxbig news network, oxbig news today, news by oxbig, oxbig media, oxbig network, oxbig news media
HINDI NEWS
