{"id":29414,"date":"2023-10-25T12:56:02","date_gmt":"2023-10-25T12:56:02","guid":{"rendered":"https:\/\/microloannexus.com\/news\/stocks-making-the-biggest-moves-premarket-alphabet-microsoft-boeing-and-more\/"},"modified":"2023-10-25T12:56:03","modified_gmt":"2023-10-25T12:56:03","slug":"stocks-making-the-biggest-moves-premarket-alphabet-microsoft-boeing-and-more","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=29414","title":{"rendered":"Stocks making the biggest moves premarket: Alphabet, Microsoft, Boeing and more"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-6-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines before the bell. Alphabet \u2014 The Google and YouTube parent sank more than 6% premarket after results for its cloud business fell short of estimates. Alphabet surpassed expectations on the top and bottom lines but posted cloud revenue totaling $8.41 billion versus the $8.64 billion expected by analysts polled by LSEG. Microsoft \u2014 Microsoft shares jumped nearly 4% before the bell after the Xbox owner posted stronger-than-expected fiscal first-quarter results and showed an uptick in profit due to easing operating expenses. Revenue for the company&#8217;s Azure cloud unit also exceeded expectations, jumping 29% during the period. Boeing \u2014 Shares of the jet plane maker rose more than 3% premarket after it reported a quarterly revenue beat . Boeing raised its 787 Dreamliner production target to five per month from four, but trimmed its 2023 guidance for 737 Max deliveries, which was expected. Boeing posted a wider-than-expected losses for the quarter. Texas Instruments \u2014The semiconductor designer and manufacturer&#8217;s stock slid 5.5%, one day after fourth quarter guidance trailed estimates. TXN sees Q4 EPS of $1.35-1.57 against a consensus estimate of $1.76, FactSet&#8217;s StreetAccount said. Meanwhile, Q3 revenue came in below Wall Street expectations at $4.53 billion vs analysts&#8217; $4.58 billion, according to LSEG. Snap \u2014 The Snapchat parent added 2.8% before the bell after posting stronger-than-expected third-quarter earnings of 2 cents per share on $1.19 billion in revenue. Snap earlier pared back even larger gains as it warned that some advertisers paused campaigns following the start of the Israel-Hamas war. Gap \u2014 Gap&#8217;s stock rose about 4% after Wells Fargo upgraded the apparel retailer to overweight, saying that it&#8217;s nearly at an inflection point as new management improves cost controls and inventory. Deutsche Bank \u2014 U.S.-listed shares of the German bank popped more than 6%. Deutsche Bank posted a net profit beat for the third quarter and said it intends to speed up shareholder pay-outs. Visa \u2014 The payments stock fell 1.3% before the bell after fourth quarter earnings and revenue topped analyst estimates and it raised its dividend by 16%. Visa expects full-year revenue growth to range from high single digits to low double digits and earnings per share to come in around the low teens. Hilton Worldwide \u2014 The hotel operator slipped about 1% before the open after saying it expects a &#8220;meaningful uptick&#8221; in hotel openings in the current period. Hilton reported in-line earnings of $1.67 per share, while revenue came in at $2.67 billion, topping an estimate of $2.64 billion, per LSEG. Teladoc Health \u2014 The telehealth stocks fell 5.1% premarket after posting mixed quarterly results and sharing weaker-than-expected guidance. Teladoc Health posted a smaller-than-expected loss of 35 cents per share, but revenue came up short at $660 million. The company also said it expects a wider-than-expected loss in the fourth quarter. General Dynamics \u2014 The defense contractor rose more than 2% on stronger-than-expected quarterly results. General Dynamics posted earnings of $3.04 per share on $10.57 billion in revenue. That exceeded the EPS of $2.91 and revenues of $10.05 billion that was estimated by analysts polled by LSEG. T-Mobile \u2014 Shares were up more than 1% premarket after the cellphone carrier reported third-quarter earnings that exceeded analyst expectations. T-Mobile earned $1.82 per share, beating an LSEG consensus forecast of $1.74 per share. CoStar Group \u2014 The commercial real estate stock sank more than 9% after fourth quarter earnings and revenue forecasts fell short of analyst expectations. Third-quarter earnings matched expectations, while revenue came in about $1 million shy of estimates, per StreetAccount. Stride \u2014 The educatuion company surged 13% after quarterly results and guidance topped analyst estimates. In its fiscal first quarter, Stride earnings of 11 cents per share exceeded the consensus estimate of a loss of 37 cents per share, according to FactSet. Revenue also beat expectations, along with fiscal second quarter and full-year revenue guidance. \u2014 CNBC&#8217;s Alex Harring, Sarah Min, Fred Imbert and Yun Li contributed reporting<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnbc.com\/2023\/10\/25\/stocks-making-the-biggest-moves-premarket-googl-msft-ba.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines before the bell. Alphabet \u2014 The Google and YouTube parent sank more than 6% premarket after results for its cloud business fell short of estimates. Alphabet surpassed expectations on the top and bottom lines but posted cloud revenue totaling $8.41 billion versus the $8.64 billion expected by analysts polled<\/p>\n","protected":false},"author":1,"featured_media":29415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":{"0":"post-29414","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stocks making the biggest moves premarket: Alphabet, Microsoft, Boeing and more | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"Check out the companies making headlines before the bell. 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