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Biggest Moves Premarket: Home Depot, Palo Alto Networks, Shopify, AMC & More.

cnbc.com Stocks making the biggest moves premarket: Home Depot, Palo Alto Networks, Shopify, AMC & more Peter Schacknow 10-12 minutes This Cookie Notice (“Notice”) explains how NBCUniversal and its affiliates (“NBCUniversal” or “we”), along with our partners, including advertisers and vendors, use cookies and similar tracking technologies when you use our websites, applications, such as games, interactive TV, voice-activated assistants, and other services that link to this policy, as well as connected devices, including those used in our theme parks (“Services”). This Notice provides more information about these technologies, your choices, and is part of the NBCUniversal Privacy Policy available here . You should read the Privacy Policy and this Notice for a full picture of NBCUniversal’s use of your information. WHAT ARE COOKIES AND HOW ARE THEY USED? Like many companies, we use

Biggest Moves Premarket: Deere, Drpbox, Novavax & More.

  cnbc.com Stocks making the biggest moves in the premarket: Deere, Dropbox, Novavax & more Peter Schacknow 5-6 minutes Take a look at some of the biggest movers in the premarket: Deere (DE) – The heavy equipment maker earned $3.87 per share for its fiscal first quarter, compared to a consensus estimate of $2.14 a share. Revenue also beat forecasts, and Deere increased its full-year earnings outlook amid improvements in the agricultural and construction sectors. Deere shares jumped 6.2% in premarket trading. Roku (ROKU) – Roku shares rose 1.4% in the premarket, after it reported a quarterly profit of 49 cents per share, compared to consensus forecasts of a 6 cents per share loss. The streaming video device maker's revenue also beat forecasts, amid a 58% surge as consumers stuck at home during the pandemic sought more video entertainment. Uber Technologies (UBER) – The ride-hailing company lo

Market Insider | Biggest Moves PreMarket: Stocks making the biggest moves in the premarket: Snowflake, Carnival, Tesla, Moderna & more

  Yun Li 3-4 minutes - Source: CNBC Check out the companies making headlines before the bell: Snowflake   (SNOW) —  Shares of Snowflake dropped more than 6% after the cloud company’s shares more than doubled at its market debut on the New York Stock Exchange. The initial public offering marked the largest software debut ever. Snowflake was worth $70.4 billion at the end of Wednesday’s trading, more than five times its $12.4 billion valuation in February. Carnival (CCL), Norwegian Cruise Line (NCLH), United Airlines (UAL) — Shares of airlines and cruise operators came under pressure amid conflicting messages about the timeline of a coronavirus vaccine. President Donald Trump  said late Wednesday  that the U.S. could distribute a vaccine as early as October, while the director of the Centers for Disease Control and Prevention said vaccinations would be in limited quantities this year and not widely distributed for six to nine

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Tractor Supply, Disney, Boeing, Tesla & more

Peter Schacknow 3-4 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket: Tractor Supply (TSCO) – Tractor Supply said it expected record-breaking sales and earnings for the current quarter, and that comparable-store sales for the farm supply company would grow by 20% to 25%. Tractor Supply shares are up 47% since nationwide lockdowns began in mid-March, the best gain of any retail stock in the S&P 500. Walt Disney (DIS) – Disney will submit a plan today to Orange County officials for reopening its Walt Disney World resort. Disney needs approval from the county and then from the governor before Walt Disney World can reopen. Boeing (BA) – The jet maker plans to announce 2,500 voluntary layoffs this week, according to union officials. This would be the first phase of wider job cuts that Boeing has said will amount to about 10% of its workforce. Papa John's (PZZA) – The pizza chain said comparab

US Market | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Moderna, Goldman Sachs, Under Armour & more

Peter Schacknow 4-5 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket: Moderna (MRNA) – The biotech company announced positive interim data from a phase 1 study of its novel coronavirus vaccine candidate. Moderna said dose-dependent increases in immune responses were seen across three different dose levels, and that the treatment was generally safe and well-tolerated. Goldman Sachs (GS) – Warren Buffett’s Berkshire Hathaway sold most of its holdings in Goldman, according to Berkshire’s quarterly 13F filing. Berkshire’s sale of Goldman shares brings its holdings down to 1.9 million shares from more than 10 million, cutting its stake to about 0.6%. Berkshire had invested $5 billion in the Wall Street stalwart during the 2008 financial crisis. Uber (UBER), Grubhub (GRUB) – The Wall Street Journal reports the CEOs of both companies met over the weekend to continue merger discussions, as they try

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Raytheon, ViacomCBS, Moderna, JetBlue & more

Peter Schacknow 6-8 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket: Raytheon Technologies (RTX) – The defense contractor reported quarterly profit of $1.78 per share, beating the consensus estimate of $1.22 a share. Revenue also beat forecasts and Raytheon said it would not provide a financial outlook at this time due to pandemic-related uncertainty. ViacomCBS (VIAC) – The media company beat estimates by 17 cents a share, with quarterly earnings of $1.13 per share. Revenue also came in above estimates. ViacomCBS logged a 51% increase during the quarter in domestic streaming and digital video revenue. AmerisourceBergen (ABC) – The drug distributor reported quarterly earnings of $2.40 per share, 13 cents a share above estimates. Revenue also exceeding forecasts. The company cut its full-year earnings forecast to incorporate the potential impact of the Covid-19 pandemic. Bristol-Myers Squibb (BM

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Tesla, Amazon, Disney, Boeing, Zoom Video & more

Peter Schacknow 4minutes - Source: CNBC Take a look at some of the biggest movers in the premarket : Dick's Sporting Goods (DKS) – The sporting goods retailer will furlough an unspecified number of workers starting April 12. It will pay workers until April 11, and provide health benefits throughout the furlough. A similar announcement comes this morning from Party City (PRTY), which is furloughing 90% of its store employees and 70% of those who work in other functions. As with Dick's, Party City's furloughed employees will continue to receive health benefits. Levi Strauss (LEVI) – Levi Strauss reported quarterly profit of 40 cents per share, 5 cents a share above estimates. The apparel maker's revenue also beat forecasts. The company warned the economic impact of the coronavirus outbreak would be material, and that it is withdrawing its 2020 guidance. Tesla (TSLA) – Tesla will furlough all non-essential wor

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Kraft Heinz, 3M, Slack and more

Peter Schacknow 3-4 minutes - Source: CNBC Take a look at some of the biggest stocks moving before the market opens: Exxon Mobil – Exxon Mobil said it was cutting 2020 capital expenditures by 30% and cash operating expenses by 15%, with the moves designed to put it in the strongest possible position when the energy markets improve. Slack Technologies – The workplace messaging service increased the size of its planned convertible debt offering to $750 million from its originally planned $600 million. The debt is due in 2025 and can be converted to cash, stock, or a combination of the two. The offering has an interest rate of 0.5%. 3M – The manufacturer will produce nearly 167 million medical masks for the government over the next three months, as the company and the White House resolve last week’s dispute over 3M’s efforts to ramp up production of medical supplies. AT&T – The company issued a financial update to incorporate the impact of the c

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Slack, Zoom, JetBlue, Delta, Boeing & more

Peter Schacknow 3-4 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket : Slack Technologies (WORK) – The provider of the popular workplace messaging platform announced a $600 million debt offering due in 2025, convertible into cash, stock, or a combination of both depending on the holder’s preference. Zoom Video Communications (ZM) – Credit Suisse downgraded the video communications platform company to “underperform” from “neutral,” saying the current share price reflects greater conversion to paid usage than will actually occur. JetBlue (JBLU) – JetBlue is burning through $10 million per day as it deals with the coronavirus outbreak, according to CEO Robin Hayes. He told employees in a memo that only 7,000 customers per day are flying right now, as opposed to the typical 120,000. Delta Air Lines (DAL) – CEO Ed Bastian told employees that the airline is preparing for a 90% revenue drop for

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Verizon, Xerox, Home Depot, Macy's & more

Peter Schacknow 3-4 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket : Verizon (VZ) – Goldman Sachs added Verizon to its "Conviction Buy" list, saying it offers investors the most attractive combination of total return and risk, thanks to the stability of its wireless business. Xerox (XRX) – Xerox dropped its $35 billion hostile bid for HP Inc. ( HPQ), saying it was prioritizing its response to the outbreak over all other considerations. Xerox had planned to put up its own slate of directors for election to HP's board but has now dropped that effort as well. Home Depot (HD) – The home improvement retailer will institute new safety measures in response to the outbreak, including earlier store closures and limiting the number of customers allowed into stores at one time. The company has also increased paid time off for hourly workers. British American Tobacco (BTI) – The cigarett

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Conagra, Carnival, RH, Visa & more

Peter Schacknow 4-5 minutes Take a look at some of the biggest movers in the premarket : Conagra (CAG) – The food producer missed estimates by 2 cents a share, with fiscal third-quarter profit of 47 cents per share. Revenue also came in slightly short, however Conagra said it has seen significantly elevated demand for its food products over the past few weeks due to the virus outbreak. The company now expects to exceed its full-year sales and profit guidance. Carnival (CCL) – The cruise line operator is suspending dividend payments and stock repurchases, as voyage suspensions continue amid the coronavirus outbreak. Carnival said it could not estimate the impact of COVID-19 on its business, but expects a net loss for fiscal 2020. McCormick (MKC) – The spice maker earned $1.08 per share for its latest quarter, 5 cents a share above estimates. Its revenue was below forecasts, however, as results were impacted by the coronavirus

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: J&J, Sanofi, Regeneron, La-Z-Boy, Apple & more

Peter Schacknow 3-4 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket : Johnson & Johnson (JNJ) – The company announced it has identified a lead COVID-19 vaccine candidate , and plans to begin phase 1 clinical trials by September at the latest. Its intention is to have the first batches of vaccine available for emergency use by January. Cal-Maine Foods (CALM) – The nation’s largest egg producer reported quarterly earnings of 28 cents per share, 10 cents a share above estimates, Revenue also beat forecasts and Cal-Maine said it is not seeing any supply chain disruptions as a result of the coronavirus outbreak. Sanofi (SNY), Regeneron Pharmaceuticals (REGN) – The drugmakers expanded a clinical trial of their rheumatoid arthritis drug Kevzara as a coronavirus treatment. The trial now includes patients outside the U.S., after beginning in America last week. United Technologies (UTX), Ra

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Ford, Cheesecake Factory, Groupon, Apple & more

Peter Schacknow 4-5 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket: UnitedHealth (UNH) – The health-services company is introducing a coronavirus test that patients can self-administer, which could reduce the risk to health-care workers. The test calls for patients to swab their noses, drop the swab into test tubes, and hand the tubes back to the health-care workers. FactSet (FDS) – The financial-information services provider beat estimates by 6 cents a share, with quarterly earnings of $2.55 per share. Revenue came in very slightly below forecasts. FactSet also said it would not update any financial guidance until its next quarterly results. Signet Jewelers (SIG) – The jewelry retailer reported quarterly earnings of $3.67 per share, 20 cents a share above estimates. Revenue beat forecasts as well. Comparable-store sales were up 2.3%, more than double the Refinitiv consensus estimate of a 1.1%

Market Insider | Biggest Markets Moves Premarket: Stocks making the biggest moves in the premarket: Target, Nike, Facebook, Apple, Peloton & more

Peter Schacknow 3-4 minutes: CNBC Take a look at some of the biggest movers in the premarket : Target (TGT) – The retailer joined the ranks of those withdrawing financial guidance , due to the uncertainty stemming from the coronavirus outbreak. Target said food and household goods sales are jumping, but profit may be squeezed by higher costs for staffing and cleaning stores. Nike (NKE) – Nike reported quarterly profit of 78 cents per share , beating the consensus estimate of 59 cents a share. Revenue also exceeded forecasts, and the athletic footwear and apparel maker said business has rebounded in China following the coronavirus outbreak. Facebook (FB) – Facebook said usage of its platforms has surged during the virus outbreak, but added that it is also seeing a weakening of its ad sales business. Kraft Heinz (KHC) – The food producer was upgraded to “overweight” from “neutral” at JPMorgan Chase, which said that packaged foo