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Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Macy's, L Brands, Sonos, Jack In The Box & more

  Peter Schacknow 5-6 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket: Macy's (M) – The retailer lost 19 cents per share for its latest quarter, smaller than the 79 cents a share loss that Wall Street was anticipating. Revenue beat estimates, however. Same-store sales dropped 20.2%, but that was smaller than the 23.3% loss anticipated by analysts surveyed by Refinitiv. The shares fell 2% in premarket trading as of 7:35 a.m. ET. BJ's Wholesale (BJ) – The warehouse retailer earned 92 cents per share for the third quarter, beating the 64 cents a share consensus estimate. Revenue topped estimates as well. Comparable-store sales rose 18.5%, compared to a FactSet estimate of up 16.7%. The stock lost 2% in premarket trading as of 7:35 a.m. ET. Nasdaq (NDAQ) – The exchange operator is buying Verafin for $2.75 billion in cash . Verafin is a provider of technology designed to detect and fight

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Target, Lowe's, Apple, Boeing, Pfizer & more.

  Peter Schacknow 4-5 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket: Target (TGT) – Target reported quarterly earnings of $2.79 per share for the third quarter, well above the consensus estimate of $1.60 a share. The retailer’s revenue beat estimates as well, and a comparable-store sales increase of 20.7% beat the consensus estimate of 11.2%. Target shares rose 2.6% in premarket trading as of 7:36 a.m. ET. Lowe’s (LOW) – Lowe’s missed estimates by a penny a share , with quarterly earnings of $1.98 per share. Revenue topped forecasts, however, and same-store sales surged 30.1%, beating the 22.8% increase analysts were expecting. The shares jumped 6% in premarket trading as of 7:36 a.m. ET. Apple (AAPL) – Apple announced a new program to cut app store fees for smaller software developers. Beginning Jan. 1, developers who earn $1 million or less from the app store will pay a commission of 15%

Market Insider | Biggest Moves in the Premarket: Stocks making the biggest moves in the premarket: Home Depot, Tesla, Amazon, Baidu & more

  Peter Schacknow 5-6 minutes - ource: CNBC Take a look at some of the biggest movers in the premarket: Walmart (WMT) – The retail giant earned $1.34 per share for the third quarter, compared to a consensus estimate of $1.18a share. Revenue beat forecasts as well. Walmart’s comparable-store sales also rose more than expected. The shares gained 0.8% in premarket trading as of 7:35 a.m. ET. Home Depot (HD) – Home Depot reported third-quarter earnings of $3.18 per share , 12 cents a share above estimates. Revenue came in above Wall Street forecasts. Same-store sales jumped 24.1%, compared to the 16.9% increase predicted by analysts polled by FactSet. Home Depot is also making some temporary compensation enhancement programs permanent, adding about $1 billion per year to employee costs. The shares fell 2% in premarket trading as of 7:35 a.m. ET. Amazon.com (AMZN) – Amazon announced the launch of “Amazon Pharmacy” in the U.S. as

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Moderna, Casper Sleep, Uber, Tapestry & more

  Peter Schacknow 4-5 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket: Moderna (MRNA) – The drugmaker said the first analysis of phase 3 study data showed its experimental Covid-19 vaccine had an efficacy rate of 94.5% and saw no significant safety concerns. Moderna also said the vaccine will stay stable at refrigerated temperatures for 30 days, up from a prior estimate of 7 days. Shares of Moderna jumped nearly 15% in premarket trading. Casper Sleep (CSPR) – Casper Sleep lost 40 cents per share for the third quarter, wider than the 33 cents a share loss that analysts were expecting. The mattress and bedding maker’s revenue came in short of estimates, hurt by Covid-related supply chain disruptions. Shares of Casper slid more than 11% in the premarket. Palo Alto Networks (PANW) – The cybersecurity company earned an adjusted $1.62 per share for its latest quarter, compared to a consensus estim

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves premarket: Moderna, Energizer Holdings, Alibaba, Nike & more

  Peter Schacknow 4-5 minutes - Source: CNBC Medical syringes are seen with Moderna company logo displayed on a screen in the background in this illustration photo taken in Poland on October 12, 2020. Jakub Porzycki | NurPhoto | Getty Images Check out the companies making headlines before the bell: Energizer Holdings (ENR) – The maker of batteries and other consumer products reported adjusted quarterly profit of 59 cents per share, short of the 81 cent consensus estimate.  Energizer’s revenue did beat estimates, but the company said it incurred higher COVID-related costs to help it meet the needs of its customers and employees.  Energizer also announced a 7.5 million share buyback program.  Separately, Energizer announced that CEO Alan Hoskins will retire on January 1, replaced by current President/COO Mark LaVigne. The shares lost 4.6% in premarket trading as of 7:35 a.m. ET. Edgewell Personal Care (EPC) – The maker of razor

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves premarket: Alibaba, Lyft, Aurora Cannabis, FuboTV, Tencent Music

  Peter Schacknow 4-5 minutes - Source: CNBC Check out the companies making headlines before the bell: Alibaba (BABA) – Alibaba shares are under pressure, amid concerns about tighter regulation of big tech firms by the Chinese government.  The decline in Alibaba shares comes despite an upbeat start to the e-commerce giant’s annual “Singles Day” event, with more than $56 billion in orders as of this morning. The stock fell 1.7% in premarket trading as of 7:33 a.m. ET. Lyft (LYFT) – Lyft lost more than $280 million during the third quarter, more than double the loss it reported in the same quarter a year ago.  However, Lyft reported better than expected revenue for the quarter and also said it was working on developing a new food delivery service. The shares rose 5% in premarket trading as of 7:33 a.m. ET. Aurora Cannabis (ACB) – The cannabis producer announced plans to raise $125 million through a secondary stock offering. 

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves premarket: Beyond Meat, Lowe's, Microsoft, Tesla & more

  Peter Schacknow 4-5 minutes - Source: CNBC Check out the companies making headlines before the bell: DR Horton – The homebuilder reported quarterly profit of $2.24 per share, beating the consensus estimate of $1.76, with revenue also above forecasts on an increase in closed sales and net orders. DR Horton also raised its dividend and issued an upbeat 2021 outlook. The shares rose 3% in premarket trading as of 7:29 a.m. ET. CyberArk Software – The cybersecurity company reported adjusted quarterly earnings of 31 cents per share, 2 cents above estimates, although revenue fell short of Wall Street forecasts. CyberArk also gave a current quarter revenue forecast that falls below consensus estimates. The shares lost 6% in premarket trading as of 7:29 a.m. ET. Advance Auto Parts – The auto parts retailer beat estimates by 15 cents with adjusted quarterly earnings of $2.81 per share, with revenue beating estimates as well. The re

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves premarket: Pfizer, McDonald's, Apple, Berkshire Hathaway & more

  Peter Schacknow 4-5 minutes - Source: CNBC Check out the companies making headlines before the bell: Pfizer , BioNTech – In an interim analysis of a phase 3 study, the drug makers said their Covid-19 vaccine candidate was found to be more than 90% effective in participants who were not previously infected. Stock futures surged following the announcement, and both companies saw shares gain more than 10% just before 7:45 a.m. ET. McDonald’s – McDonald’s reported adjusted quarterly earnings of $2.22 per share, beating the consensus estimate of $1.90, with revenue slightly above Wall Street forecasts. Comparable store sales were down 2.2% globally, but increased by 4.6% in the United States as sales in those stores benefitted from stronger average check growth. Shares were up 5% in premarket trading just before 7:45 a.m. ET. Royal Caribbean , Carnival , Norwegian , United Airlines , American Airlines , Delta Air Lines , South

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: General Motors, Cigna, Merck, Regeneron & more

  Peter Schacknow 5-7 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket: General Motors (GM) – The automaker reported quarterly earnings of $2.83 per share , beating the consensus estimate of $1.38 a share, helped by strong demand for trucks and SUVs. Revenue was essentially in line with Street forecasts. The shares rose 6.7% in premarket trading as of 7:44 a.m. ET. Cigna (CI) – The insurance company came in 17 cents a share above estimates, with quarterly earnings of $4.41 per share. Revenue also came in above Wall Street forecasts, helped by higher sales in Cigna’s health services unit. Merck (MRK) – Merck is buying privately held drugmaker VelosBio for $2.75 billion in cash, in a move designed to boost its oncology treatment pipeline. Regeneron (REGN) – Regeneron earned $8.36 per share for its latest quarter, beating the $7.14 a share consensus estimate. The drugmaker’s revenue also came

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Wayfair, Jazz Pharmaceuticals, Cirrus Logic & more

  Peter Schacknow 4-5 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket: Wayfair (W) – The online home decor retailer nearly tripled the consensus estimate of 80 cents per share, with quarterly profit of $2.30 per share. Revenue also came in above estimates, benefiting from strong demand in its category and an overall ongoing shift toward online purchasing by consumers. Membership numbers grew by a little more than 50% from a year ago. Shares of Wayfair soared 12% in premarket trade. Jazz Pharmaceuticals (JAZZ) – Jazz Pharmaceuticals reported quarterly profit of $4.31 per share, 27 cents a share above estimates. Revenue also came in above forecasts as well and the drugmaker raised its full-year revenue forecast. The company’s shares were up 7% in the premarket. Cirrus Logic (CRUS) – Cirrus beat the consensus estimate of 90 cents a share, with quarterly earnings of $1.26 per share. The maker of

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Clorox, Estee Lauder, Dunkin' Brands & more

  Peter Schacknow 4-5 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket: Clorox (CLX) – The household products maker reported quarterly earnings of $3.22 per share, compared to a consensus estimate of $2.32 a share. Revenue also topped forecasts, as Clorox continued to benefit from purchases by homebound consumers amid the pandemic. Clorox also raised its full-year sales guidance. The shares were up 2.8% in premarket trading as of 7:35 a.m. ET. Estee Lauder (EL) – The cosmetics maker earned $1.44 per share, well above the 90 cents a share consensus estimate. Revenue also beat forecasts and Estee Lauder announced a 10% dividend increase to 53 cents per share. The shares jumped 4% in premarket trading as of 7:35 a.m. ET. Marathon Petroleum (MPC) – Marathon lost an adjusted $1.00 per share, less than the loss of $1.70 per share expected by Wall Street analysts. Revenue came in below estimates, h

Market Insider | Biggest Market Moves Premarket: Stocks making the biggest moves in the premarket: Comcast, Spotify, Pinterest, Tapestry & more

  Peter Schacknow 5-7 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket: Comcast (CMCSA) – The NBCUniversal and CNBC parent reported quarterly profit of 65 cents per share , 13 cents a share above estimates. Revenue beat forecasts as well. Comcast added 663,000 broadband customers during the quarter, and said its Peacock streaming service signups had reached nearly 22 million. The company said theme park results continue to weigh on results due to the pandemic. The shares rose 2.4% in premarket trading as of 7:33 a.m. ET. Marvell Technology (MRVL) – Marvell struck a deal buy fellow chipmaker Inphi (IPHI) for $10 billion in cash and stock. The deal values Inphi at roughly $157.83 per share, more than 40 percent above Inphi’s Wednesday close. Spotify (SPOT) – The streaming music service reported a slightly wider-than-expected loss for its latest quarter, with revenue roughly in line with

Market Insider | Stocks Making The Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Boeing, GE, Blackstone, First Solar & more

  Peter Schacknow 5-6 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket: Boeing (BA) – Boeing lost $1.39 per share for the third quarter, smaller than the loss of $2.52 anticipated by Wall Street. Revenue was also above estimates. Boeing said it was targeting a workforce of 130,000 by the end of 2021, which is about 11,000 lower than the current total. Boeing shares were up slightly in premarket trading as of 7:40 a.m. ET. General Electric (GE) – GE reported a third-quarter profit of 6 cents per share , compared to forecasts for a loss of 4 cents per share. Revenue came in above estimates as well. GE said it was managing through a “difficult environment” but added that it is on track with its effort to contain costs and conserve cash. GE shares rose 4% in premarket trading as of 7:40 a.m. ET. Blackstone (BX) – The private-equity firm reported distributable earnings per share of 63 cents per s