Check out the companies making headlines in premarket trading. Nvidia — The artificial intelligence darling bounced back about 3% after plunging 17% a day earlier. Shares of peer firms with large AI exposure Broadcom and Oracle also ticked up more than 2%. Boeing — The aerospace stock was less than 1% lower after fourth-quarter results missed analyst estimates. Boeing reported an adjusted loss of $5.90 per share, while analysts polled by LSEG expected a loss of $3. Boeing’s fourth-quarter revenue of $15.24 billion also missed estimates that called for $16.21 billion. AutoDesk — Shares of the software company advanced more than 2% following an upgrade to outperform from neutral at Mizuho Securities. Analyst Siti Panigrahi cited a potential recovery in the industrial data sector as well as an improving macro backdrop could signal upside ahead. Kimberly-Clark — The household goods stock dipped 1% after fourth-quarter earnings came in slightly below expectations. Kimberly-Clark reported $1.50 in adjusted earnings per share, while Wall Street analysts had projected $1.51, according to FactSet. The company’s net sales were down year over year as it undertakes a corporate transformation, but organic sales rose 2.3%. General Motors — The legacy automaker was marginally lower despite better-than-expected fourth-quarter results and forward guidance. GM reported $1.92 per share in earnings, excluding items, on revenue of $47.70 billion, while analysts polled by LSEG forecast $1.89 per share and $43.93 billion in sales. The firm expects full-year earnings in the range of $11 per share to $12, compared to a FactSet median estimate that called for $10.86 in earnings per share. Royal Caribbean Cruises — The stock rose nearly 6% after the cruise line reported an earnings beat for the fourth quarter. Royal Caribbean’s first-quarter and full-year earnings guidance also topped expectations. The company expects earnings per share in the current quarter in the range of $2.43 per share to $2.53, topping the $2.35 expected from analysts polled by FactSet. Synchrony Financial — Shares slipped 5% after the consumer financial company’s fourth-quarter earnings missed estimates. Synchrony notched earnings per share of $1.91, while analysts surveyed by FactSet were looking for $1.93 per share. JetBlue — The airline stock dipped more than 7% despite fourth-quarter results beating analyst estimates. JetBlue reported a smaller-than-expected adjusted loss of 21 cents per share, while analysts polled by LSEG forecast a loss of 31 cents. The company’s revenue in the most recent quarter of $2.28 billion also beat analyst estimates that called for $2.25 billion. For the full-year, JetBlue said it expects capital expenditures of roughly $1.4 billion, above the forecast $1.25 billion from analysts surveyed by FactSet. RTX — Shares of the defense contractor popped 4% on fourth-quarter results that beat analyst expectations. RTX earned $1.54 per share on revenue of $21.62 million. Analysts expected a profit of $1.38 per share on revenue of $20.54 billion. Lockheed Martin — The stock dropped more than 3% on the back of disappointing revenue for the fourth quarter. Lockheed’s top line came in at $18.62 billion, while analysts polled by LSEG expected $18.91 billion. — CNBC’s Jesse Pound and Michelle Fox contributed reporting
#Stocks #making #biggest #moves #premarket #Nvidia #Oracle #JetBlue #General #Motors
Lockheed Martin Corp,Raytheon Technologies Corp,Royal Caribbean Cruises Ltd,Kimberly-Clark Corp,JetBlue Airways Corp,Synchrony Financial,General Motors Co,Autodesk Inc,Oracle Corp,Broadcom Inc,NVIDIA Corp,Business,Boeing Co,Breaking News: Markets,Stock markets,Economy,Markets,Market Insider,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
