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Stocks making the biggest moves premarket: Exxon Mobil, Intel, Apple, Snap, Amazon and more

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Coterra Energy Inc,Godaddy Inc,Coinbase Global Inc

These are the stocks posting the largest moves in premarket trading.

Check out the companies making headlines before the bell. Exxon Mobil — The energy giant reported a stronger-than-expected profit for the second quarter amid record production in Guyana and the Permian Basin. Earnings per share came in at $2.14, beating an LSEG forecast of $2.01 per share. Shares were up slightly in the premarket. Intel — Shares plunged 20% on the back of weaker-than-expected earnings and revenue for the second quarter.

Apple reported earnings of $1.40 per share while analysts surveyed by LSEG called for $1.35 per share. Revenue came in at $85.78 billion, also surpassing the Street's estimates. Twilio — The cloud communications stock jumped 5% after Twilio beat quarterly expectations on the top and bottom lines. The company posted second quarter adjusted earnings of 87 cents per share on revenue of $1.08 billion. Analysts polled by LSEG had expected per-share earnings of 70 cents on revenue of $1.

 

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Not An Everything Rally: 2024’s Worst S&P 500 Stocks So Far From Boeing To IntelDerek Saul is a New Jersey-based Senior Reporter on Forbes' news team. He graduated in 2021 from Duke University, where he majored in Economics and served as sports editor for The Chronicle, Duke's student newspaper, joining Forbes soon thereafter.
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