Check out the companies making headlines in premarket trading. Nvidia — Shares climbed 3.5% in Wednesday’s premarket trading, building on the rally of around 5% seen in the prior session. The chipmaker is now closing in on the $5 trillion market cap milestone , which no other company has hit before. Boeing — The aerospace company whipsawed after it reported its latest quarterly results. For the third quarter, Boeing posted $23.27 billion in revenue, above the $21.97 billion that analysts surveyed by LSEG were expecting. However, it posted a steeper loss than expected, reporting $7.47 in adjusted loss per share compared to the loss of $4.59 per share analysts were looking for. Caterpillar — The construction and agriculture equipment manufacturer rose 4% on better-than-expected results for the third quarter. Caterpillar earned $4.95 per share, adjusted, on revenue of $17.64 billion. Analysts polled by LSEG expected a profit of $4.59 per share on revenue of $16.77 billion. Fiserv — Shares of the financial services tech company plunged 28% on the back of a massive third-quarter earnings miss. Fiserv earned $2.04 per share, excluding certain items, on revenue of $4.92 billion. Analysts expect earnings per share of $2.64 per share on revenue of $5.35 billion. The company also slashed it full-year earnings guidance. CVS Health — The pharmacy operator fell slightly after the company reported a net loss of $3.99 billion for the third quarter. A year prior, CVS saw net income of $71 million. Seagate Technology — The data storage company added 6.6% after beating expectations for the first fiscal quarter. Seagate earned $2.61 per share on an adjusted basis and revenue at $2.63 billion, while analysts surveyed by LSEG had penciled in $2.37 a share on $2.55 billion in revenue. Centene — The managed care company jumped 10% after posting better-than-expected earnings for the third quarter and raising its guidance. Centene earned 50 cents per share despite analysts polled by FactSet anticipating a per-share loss of 14 cents. The company recorded $49.69 billion in revenue, also topping the consensus estimate of $47.72 billion. TE Connectivity — Shares popped 4.4% following a stronger-than-forecast earnings report for the fiscal fourth quarter. TE said it earned $2.44 per share, excluding items, on $4.75 billion in revenue, while analysts anticipated $2.29 a share and $4.58 billion, respectively. Teradyne — Shares of the test system and robotic products suppliers surged 20.5% on a positive earnings report and outlook. Teradyne earned 85 cents, excluding items, on $769 million in revenue for the third quarter, while analysts predicted 79 cents and $744.1 million, per FactSet. Generac — The generator maker dropped 9% on a weaker-than-anticipated earnings report for the third quarter. Generac earned $1.83 per share, excluding items, and $1.11 billion in revenue, missing the forecasts for $2.19 a share and $1.19 billion from analysts surveyed by FactSet. Mondelez — The snack maker slid 5.5% after dropping its full-year organic revenue growth forecast to 4% from 5%. That overshadowed an earnings report that beat Wall Street’s expectations on both lines for the third quarter. Brinker International — The stock fell 4% after the chain restaurant owner issued full-year revenue guidance in the range of $5.60 billion to $5.70 billion. That’s slightly below the Street’s average forecast of $5.72 billion for the firm’s 2025 revenue, per FactSet. Garmin — The electronic device maker lost 5.3%. While earnings per share came in line with analyst expectations at $1.99 excluding items, revenue was at $1.77 billion while the Street penciled in $1.78 billion, according to FactSet. Bloom Energy — The energy technology stock jumped 13.9%. Bloom earned an adjusted 15 cents per share on revenue of $519 million in the third quarter, surpassing FactSet consensus estimates of 10 cents per share an $428.4 million in revenue. Caesars Entertainment — The casino operator dropped nearly 8% after its third-quarter financial results disappointed investors. Caesars reported a loss of 27 cents per share on revenue of $2.87 billion. Analysts surveyed by LSEG had expected a loss of 5 cents per share on revenue of $2.89 billion. Enphase Energy — The energy technology company tumbled more than 11% after its full-year revenue guidance of $310 million to $350 million fell short of the $382.9 million expected from analysts, per FactSet. Enphase Energy also said tariffs had an impact on its third-quarter gross margins. Its adjusted earnings for the quarter, however, topped expectations. Avantor — The life sciences stock plunged 17.2% after third-quarter revenue came in at $1.62 billion, under the FactSet consensus estimate of $1.65 billion. Avantor’s earnings per share were in line with expectations at 22 cents, excluding items. — CNBC’s Fred Imbert, Liz Napolitano, Sean Conlon and Michelle Fox contributed reporting
Stocks making the biggest moves premarket: NVDA, CAT, GNRC, CZR
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