Check out the companies making headlines in premarket trading. Super Micro Computer — Shares soared 21% after the technology company met the Nasdaq’s listing deadline to report financial results for the most recent fiscal year to the Securities and Exchange Commission. The firm said it has “regained compliance” with the Nasdaq for its filling requirements. General Motors — Shares popped almost 4% after announcing an increase of its quarterly dividend by 25% to 15 cents per share. The automaker also initiated a $6 billion share repurchase plan, with $2 billion in buybacks slated for the second quarter. Anheuser-Busch InBev — Shares of the beermaker jumped more than 8% after a fourth-quarter earnings beat . Anheuser-Busch InBev earned 88 cents per share, excluding items, which was above the 69 cents per share projected by analysts, according to FactSet. Revenue of $14.84 billion topped expectations of $14.18 billion. Revenue and underlying profit rose year over year despite a 1.9% decline in sales volume. Stellantis — The automaker slid 3% after reporting a 70% drop in full-year profit. Stellantis recorded 2024 net profit of 5.5 billion euros, under the consensus estimate of 6.4 billion from analysts polled by LSEG. Lowe’s — The home improvement stock popped nearly 4% after posting a fiscal fourth-quarter earnings and revenue beat . In the last quarter, Lowe’s earned $1.93 per share, after adjustments, on $18.55 billion in revenue, exceeding the $1.84 and $18.29 billion, respectively, that analysts polled by LSEG predicted. Lowe’s said full-year total sales could see modest growth. Lucid Group — The electric vehicle maker’s shares fell 8% in premarket trading after the company said it expects to more than double vehicle production this year to 20,000 units. Lucid reported a narrower-than-expected fourth-quarter loss. The firm also said CEO Peter Rawlinson has stepped down. Alibaba — U.S.-listed shares of the China-based company popped about 5% after Alibaba said its AI video generation model would be free to use . Alibaba said the four models in its Wan2.1 series would be available on Alibaba Cloud’s Model Scope and the Hugging Face platforms. Workday — Shares rallied nearly 11%. The finance and human resources software maker reported adjusted earnings of $1.92 per share for the fourth quarter, topping profit of $1.78 per share expected by a LSEG analyst poll. Revenue came in at $2.21 billion, more than the $2.18 billion consensus estimate. Instacart — The grocery delivery platform dove more than 8%. Instacart reported fourth-quarter revenue of $883 million, below the $891 million estimate from LSEG. The company expects adjusted EBITDA of between $220 million and $230 million in the current quarter, which is lower than the forecast of $237.1 million FactSet. Cava Group — Shares of the restaurant company added almost 4% after fourth-quarter revenue of $227 million beat analysts’ forecast of $224 million, according to LSEG. However, quarterly earnings missed analysts’ estimates and its annual same-store sales forecast came out below estimates due to weak demand. Intuit — The tax software stock jumped 8% on stronger-than-expected earnings for the fiscal second quarter. Intuit earned an adjusted $3.32 per share on $3.96 billion in revenue, while analysts polled by LSEG penciled in a profit of $2.58 a share and revenue $3.83 billion. Dlocal — U.S.-listed shares of the Uruguayan payment platform advanced 6% on the back of JPMorgan’s upgrade to overweight from neutral. JPMorgan said the stock is at an attractive entry point with lower expectations and a formidable path for growth. Confluent — The data streaming stock added 4% on the heels of UBS’ upgrade to buy from neutral. UBS cited optimistic customer outlooks and potential upside tied to AI as some of the drivers of the call. Lumen Technologies — Shares rallied more than 6% after Citi upgraded the telecommunications company to buy/high risk, saying Lumen is poised to expand consolidated EBITDA “significantly” on an annual basis in 2026. Citi’s $6.50 price target, lowered from $8 previously, nevertheless implies more than 45% upside from Tuesday’s close. TJX Companies — The discount retailer ticked nearly 3% higher after beating earnings expectations for the fiscal fourth quarter. The Marshall’s and Home Goods parent earned $1.23 per share, beating the consensus forecast from analysts polled by LSEG by 7 cents a share. TJX also recorded $16.35 billion in revenue, topping the $16.20 billion prediction from Wall Street. — CNBC’s Yun Li, Lisa Kailai Han, Pia Singh, Michelle Fox, Sarah Min and Jesse Pound contributed reporting
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