Top U.S. Defense Stocks to Watch According to Jefferies Analysis
Investing.com -- U.S. stock futures rose Wednesday, soothed by dovish comments from Fed chair Jerome Powell as the earnings season kicks into gear.
Here are some of the biggest premarket U.S. stock movers today:
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Bank of America (NYSE:BAC) stock rose 4.8% after the lender raised the lower end of its interest income forecast and beat Wall Street estimates for profit, as its investment bankers benefited from a bumper third quarter.
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Morgan Stanley (NYSE:MS) stock climbed 3.8% after the banking giant’s profit rose in the third quarter as its investment bankers rode a resurgence in dealmaking.
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Nvidia (NASDAQ:NVDA) stock gained 2.3% after HSBC upgraded its stance on the chip maker to “buy” from “hold”, citing “room for significant FY27e earnings upside” as demand for AI chips continues to broaden beyond traditional cloud providers.
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Dollar Tree (NASDAQ:DLTR) stock gained 8.3% after the discount retailer reaffirmed its near-term outlook and projected a strong three-year earnings growth trajectory in a release ahead of its 2025 Investor Day event in New York.
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Papa John’s (NASDAQ:PZZA) stock surged 12% following a report that the pizza chain has received a $64-a-share acquisition bid from Apollo Global Management.
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Stellantis (NYSE:STLA) stock rose 0.5% after the auto giant said it will invest $13 billion in the U.S. over the next four years.
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Grindr (NYSE:GRND) stock gained 4.8% after the dating app said its largest shareholders are exploring an acquisition that would take the company private at no less than $15 a share.
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Bunge (NYSE:BG) stock climbed 5% after the grain trader revised its full-year adjusted profit forecast to reflect the impact of its $34 billion acquisition of grain handler Viterra in the third quarter.