Stocks making the biggest moves premarket: Palantir, Caterpillar, Yum China, CrowdStrike and more

Check out the companies making headlines before the bell: Palantir Technologies — The data analytics company rallied 11% after raising its full-year revenue forecast. Palantir now sees revenue between $2.74 billion and $2.75 billion. That's up from a range of $2.68 billion from $2.69 billion. Yum China — Shares surged 8% after the Shanghai-based operator behind Pizza Hut and Taco Bell posted second-quarter earnings that beat expectations.

CrowdStrike — The cybersecurity stock rose 3% after Piper Sandler upgraded CrowdStrike to overweight from neutral, saying the dip is a buying opportunity. Semiconductors — Chip stocks rose as a group, one day after a brutal sell-off in tech names. Nvidia gained 3%, Super Micro Computer and Broadcom popped 2%, and Intel rose nearly 2%. ZoomInfo Technologies — Shares of the customer acquisition platform company plunged 14% after a second-quarter earnings report that missed estimates.

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Source: CNBC - 🏆 12. / 72 Read more »