Investing.com — US inventory edged greater Thursday, following a day of declines on Wednesday that was marked by rising yields and falling megacap tech shares.
Listed here are among the greatest premarket US inventory movers as we speak:
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Tesla (NASDAQ:) inventory rose 13% after the electrical carmaking large posted better-than-projected third-quarter revenue and forecast a “slight” soar in deliveries this yr.
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Boeing (NYSE:) inventory fell 3.7% after putting machinists rejected a revised contract provide, extending a crippling labor motion that’s putting heavy strain on new CEO Kelly Ortberg’s plans to overtake the jet producer’s ailing funds.
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Southwest Airways (NYSE:) inventory rose 1.4% after Bloomberg reported that the service and Elliott Funding Administration are closing in on a settlement that may keep away from a proxy struggle. The airline additionally reported a shock third-quarter revenue, benefiting from improved pricing and demand.
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United Parcel Service (NYSE:) inventory rose 7.3% after the transport firm reported third-quarter earnings and income that exceeded expectations.
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Northrop Grumman (NYSE:) inventory rose 1.1% after the protection firm raised its 2024 revenue forecast for the second time, amid elevated world protection spending prompted by conflicts within the Center East and the protracted Russia-Ukraine warfare.
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Hasbro (NASDAQ:) inventory rose 3.3% after the toymaker posted a steeper-than-expected drop in gross sales as customers tightened spending on toys, however the firm’s stringent value controls boosted margins.
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IBM (NYSE:) inventory fell 4.8% after the expertise firm reported decreased enterprise spending on non-GenAI initiatives pressured its consulting section, clouding software program unit power.
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Keurig Dr Pepper (NASDAQ:) inventory fell 1.2% after the tender drinks firm introduced plans to purchase a 60% stake in energy-drink maker Ghost for $990 million, with an intent to buy the remaining in 2028.
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Harley-Davidson (NYSE:) inventory fell 1.9% after the long-lasting bike producer trimmed its income forecast for the yr as sticky inflation and excessive borrowing prices damage demand in North America.
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KKR (NYSE:) inventory rose 4.2% after the fund supervisor reported a hefty soar in adjusted web earnings for the third quarter, pushed by document fee-related earnings, in addition to earnings from its insurance coverage enterprise.