Check out the companies making headlines before the bell. Hims & Hers Health — Shares tumbled 22%. While the telehealth provider posted a fourth-quarter earnings and revenue beat , it said it would no longer be able to sell compounded versions of weight loss drugs after the first quarter. This comes after the Food and Drug Administration declared weight loss drugs like Wegovy are no longer in shortage, closing a loophole that allowed Hims & Hers to supply the products. Tempus AI — Tempus AI shares slipped 14% after the company’s fourth-quarter revenue fell short of expectations. The company posted revenue of $201 million, which was below the LSEG estimate of $203 million. For 2025, the company expects revenue of $1.24 billion. Eli Lilly — Shares rose 1% after the pharmaceutical company launched higher dose vials of its weight loss drug Zepbound at a lower price for self-pay patients through its direct-to-consumer website. Chegg — Shares of the online education company, which is now worth less than $200 million, plunged roughly 20% after it posted a net loss of $6.1 million on revenue of $143.5 million in the fourth quarter. Revenue was down 24% year over year. Chegg said it sued Google, claiming that the tech company’s artificial intelligence summaries of search results have hurt Chegg’s traffic and revenue. Keurig Dr Pepper — Shares of the beverage company jumped nearly 3% after Keurig beat earnings and revenue expectations for the fourth quarter. Keurig posted quarterly adjusted earnings of 58 cents a share on revenue of $4.07 billion, while analysts polled by FactSet called for earnings, excluding items, of 57 cents a share on revenue of $4.01 billion. Cleveland-Cliffs — The steel stock fell 3% after a wider-than-expected loss for the fourth quarter. Cleveland-Cliffs reported a loss of 92 cents per share for the fourth quarter, while analysts were anticipating a loss of 61 cents, according to LSEG. Revenue declined 15% year over year. Krispy Kreme — The doughnut stock pulled back more than 18% after missing fourth-quarter expectations. Krispy Kreme earned 1 cent per share, excluding items, on revenue of $404 million. Analysts polled by FactSet were looking for earnings of 10 cents per share, excluding items, and $414 million in revenue. The company’s full-year outlook also missed Wall Street’s estimates for both earnings and revenue. Li Auto — The Chinese electric vehicle stock gained nearly 14% after Li debuted its first fully electric sports utility vehicle, the Li I8. Zoom Communications — Shares of the video chat company slipped 4% after Zoom’s revenue guidance came out short. The company expects full-year revenue of between $4.79 billion and $4.8 billion, while analysts polled by FactSet expect $4.81 billion. Zoom beat adjusted earnings expectations for the fourth quarter and posted in-line revenue, according to LSEG. Home Depot — The home improvement retailer added 1% after reporting fourth-quarter financial results . Earnings came in at $3.02 per share, slightly above the $3.01 expected from analysts polled by LSEG. Revenue was $39.7 billion, versus the $39.16 consensus estimate. However, Home Depot expects adjusted earnings per share to fall 2% from the prior year. Crypto stocks — Sell pressure in equities crippled the crypto market, leading crypto company stocks to fall and the price of bitcoin to drop through the $90,000 level overnight. Bitcoin is now about 20% off its all-time high reached on President Donald Trump’s inauguration day. Shares of Robinhood dropped about 4%, while Coinbase and Strategy , formerly known as MicroStrategy, shed about 4% and 5%, respectively. — CNBC’s Jesse Pound, Alex Harring, Sarah Min, Brian Evans, Lisa Han and Michelle Fox contributed reporting.
#Stocks #making #biggest #moves #premarket #Eli #Lilly #Keurig #Pepper #Home #Depot #Chegg
Home Depot Inc,Coinbase Global Inc,Microstrategy Inc,Robinhood Markets Inc,Hims & Hers Health Inc,LILLY DRN,Chegg Inc,Tempus AI Inc,Cleveland-Cliffs Inc,Krispy Kreme Inc,Li Auto Inc,Li Auto Inc,Zoom Video Communications Inc,Keurig Dr Pepper Inc,Breaking News: Markets,Economy,Breaking News: Economy,Stock markets,Market Insider,Markets,regwall-marketmovers,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
News Source
