News Formal

Stocks making the biggest moves premarket: Meta Platforms, Honeywell, Merck, Southwest Airlines and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 22 min. at publisher
  • 📊 Quality Score:
  • News: 82%
  • Publisher: 72%

Servicenow Inc Nyheter

Align Technology Inc,Deutsche Bank AG,Caterpillar Inc

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

Check out the companies making headlines before the bell: Meta Platforms — The Facebook parent company plunged more than 14% after issuing lighter-than-expected second-quarter revenue guidance . However, first-quarter earnings and revenue both came above analysts' estimates. Honeywell — The industrial stock rose 2.2% in premarket trading after the company posted earnings per share of $2.25, beating LSEG analysts' estimates of $2.17. Revenue for the quarter came in at $9.

IBM's revenue of $14.46 billion missed consensus estimates of $14.55 billion, but beat on the bottom line from analysts polled by LSEG. The company said foreign exchange would create a 2 percentage point headwind to 2024 revenue growth. IBM also agreed to buy HashiCorp for $6.4 billion in enterprise value. HashiCorp shares jumped about 4.4%. Caterpillar — The construction equipment maker fell 4% after its revenues of $15.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Meta Platforms Earnings: META sinks 10% on lower Q2 revenue guidanceThis must be 'opposites' week.
Källa: FXStreetNews - 🏆 14. / 72 Läs mer »

European stocks mixed; Euro banking sector, Meta Platforms in the spotlightEuropean stocks mixed; Euro banking sector, Meta Platforms in the spotlight
Källa: Investingcom - 🏆 450. / 53 Läs mer »

The investment case for Meta Platforms gets stronger — and our price target is changing, tooThe Instagram and Facebook parent is pulling away from the digital-advertising pack.
Källa: CNBC - 🏆 12. / 72 Läs mer »