Nvidia shares rise premarket; Salesforce, Paramount Global drop
U.S. stock futures advanced on Thursday as traders assessed quarterly earnings from artificial intelligence-darling Nvidia and fresh tariff remarks from President Donald Trump, News.Az reports citing Investing.
Here are some of the biggest premarket U.S. stock movers today:
Shares in Nvidia (NASDAQ:NVDA) moved higher, as a higher-than-anticipated current-quarter sales projection was counterbalanced by a narrowing in profit margins.
Bath & Body Works (NYSE:BBWI) shares dropped after the retailer issued a below-consensus forecast for its first quarter.
Shares in eBay (NASDAQ:EBAY) plunged 8% after the e-commerce giant provided weaker-than-expected revenue guidance for the first quarter, overshadowing a fourth-quarter earnings beat.
U.S.-listed shares in Ferrari (NYSE:RACE) slipped after Exor (AS:EXOR) announced that it had raised around 3 billion euros from selling a 4% stake in the Italian sportscar maker.
Ibotta (NYSE:IBTA) shares shed more than 40% of their value after the digital marketing software company's current-quarter guidance was below expectations.
Crypto miner Mara Holdings (NASDAQ:MARA) moved higher on stronger-than-expected fourth-quarter revenue.
Nutanix (NASDAQ:NTNX) shares soared after the infrastructure software firm lifted its full-year revenue guidance and posted better-than-anticipated second-quarter adjusted income per share.
Papa John's (NASDAQ:PZZA) shares ticked higher after the pizza chain beat fourth-quarter profit and sales.
Paramount Global (NASDAQ:PARA) dropped after MTV-parent reported fourth-quarter sales and income that missed Wall Street estimates.
Salesforce (NYSE:CRM) shares fell after the software group unveiled a revenue outlook that came up short analyst estimates.
Cloud-computing group Snowflake (NYSE:SNOW) gained more than 10% on a product revenue outlook that topped analyst projections.
Vistra (NYSE:VST) reported fourth-quarter core earnings at its retail unit that topped expectations, sending shares in the Texas-based energy utility higher.
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