Check out the companies making headlines in premarket trading. Nvidia — Shares slipped more than 6% after the chipmaker said it will take a quarterly $5.5 billion charge tied to exporting H20 graphics processing units to China, as well as other destinations. Nvidia said in a filing that the U.S. government informed the company it would require a license to export the chips to China and several other countries. J.B. Hunt Transport Services — The transportation stock pulled back 6% despite beating analyst estimates on the top and bottom line in the first quarter . However, J.B. Hunt’s reported a 1% drop in revenue and operating income year over year. United Airlines — The travel stock jumped more than 7% after United’s first-quarter results topped analyst expectations. The company earned an adjusted 91 cents per share beating the 76 cents per share expected by Wall Street, according to LSEG. United also gave two full-year outlooks and called the economy “impossible to predict.” Interactive Brokers — Stock in the electronic trading platform fell 8% after the firm missed earnings estimates. Interactive Brokers reported first-quarter earnings of $1.88 per share, excluding items, while analysts polled by LSEG were looking for $1.92 per share. Adjusted revenue of $1.40 billion was in line with forecasts. The company also announced a four-for-one stock split and an increase to its dividend of 7 cents to 32 cents per share. Travelers — Shares popped 2.9% after Travelers posted better-than-expected first-quarter results. The insurance company reported earnings of $1.91 per share, exceeding the 79 cents per share expected by analysts polled by FactSet. Revenue of $11.81 billion topped the FactSet consensus estimate of $10.84 billion. Tesla — Shares of the EV maker dipped about 2%. A Reuters report on Tuesday night, citing sources with direct knowledge on the matter, said President Donald Trump’s suspension of importing components from China for Cybercab and Semi electric truck production in the U.S. could disrupt Tesla’s efforts to mass produce the vehicles domestically. ASML — Shares of the Dutch semiconductor equipment firm tumbled 5.1% after ASML posted disappointing quarterly bookings. The company’s CEO said that tariff-driven “uncertainty with some of our customers” could take the company into the lower end of its full-year revenue guidance. U.S. Bancorp — The bank stock rose slightly on better-than-expected results for the first quarter. U.S. Bancorp earned $1.03 per share on revenue of $6.96 billion. Analysts polled by LSEG expected a profit of 98 cents per share on revenue of $6.91 billion. — CNBC’s Jesse Pound, Sarah Min and Pia Singh contributed reporting. Get Your Ticket to Pro LIVE Join us at the New York Stock Exchange! Uncertain markets? Gain an edge with CNBC Pro LIVE , an exclusive, inaugural event at the historic New York Stock Exchange. In today’s dynamic financial landscape, access to expert insights is paramount. As a CNBC Pro subscriber, we invite you to join us for our first exclusive, in-person CNBC Pro LIVE event at the iconic NYSE on Thursday, June 12. Join interactive Pro clinics led by our Pros Carter Worth, Dan Niles and Dan Ives, with a special edition of Pro Talks with Tom Lee. You’ll also get the opportunity to network with CNBC experts, talent and other Pro subscribers during an exciting cocktail hour on the legendary trading floor. Tickets are limited!
#Stocks #making #biggest #moves #premarket #United #Airlines #Nvidia #Tesla #Travelers
US Bancorp,Meta Platforms Inc,Travelers Companies Inc,ASML Holding NV,ASML Holding NV,United Airlines Holdings Inc,Tesla Inc,NVIDIA Corp,Business,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
