Stocks making the biggest moves premarket: CrowdStrike, Bank of America, Nvidia, Verizon and more

Check out the companies making headlines before the bell: CrowdStrike — The cybersecurity stock dropped 4% after Guggenheim downgraded CrowdStrike to neutral from buy, saying the company is unlikely to emerge unscathed from the global outage. Nvidia — Shares gained 2% after Reuters, citing people familiar with the matter, reported Nvidia is preparing a version of its new Blackwell chips for the Chinese market. They would be compatible with current U.S. export controls, the report said.

In the second quarter, the company reported sales of $32.8 billion, below the $33.05 billion FactSet consensus estimate. Adjusted earnings per share of $1.15 came in line with estimates. Abercrombie & Fitch — The retail stock jumped more than 3% after JPMorgan upgraded Abercrombie & Fitch to overweight from neutral, citing strong demand for the brand after improvements in marketing in recent years.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves midday: Charles Schwab, Match Group, Bank of America and moreThese are the stocks posting the largest moves in midday trading.
Read more »

Stocks making the biggest moves premarket: Morgan Stanley, UnitedHealth, Bank of America and moreThese are the stocks posting the largest moves in premarket trading.
Read more »

Stocks making the biggest moves midday: CrowdStrike, Plug Power, Comerica and moreThese are the stocks posting the largest moves in midday trading.
Read more »

Stocks making the biggest premarket moves: CrowdStrike, American Express, SLB, Travelers and moreThese are the stocks posting the largest moves in the premarket.
Read more »

Stocks making the biggest moves premarket: Tesla, CrowdStrike, Paramount Global, Atlassian and moreThese are the stocks posting the largest moves in premarket trading.
Read more »

Buy these stocks ahead of earnings, including this Nvidia peer, Bank of America saysBank of America likes these five stocks heading into earnings.
Read more »