CrowdStrike and Campbell Soup fall premarket; Southwest Airlines rises

Published 05/03/2025, 14:08
© Reuters

Investing.com -- U.S .stock futures rose Wednesday, bouncing after the recent selloff amid hopes for a compromise from the tariff announcements by U.S. President Donald Trump on his country’s main trading partners.

Here are some of the biggest premarket US stock movers today:

  • CrowdStrike (NASDAQ:CRWD) stock fell 7.7% after the cybersecurity firm forecast first-quarter revenue slightly below estimates, due to weak spending on its cybersecurity products.

  • Campbell Soup (NYSE:CPB) stock dropped 5.5% after the packaged food company lowered its annual sales and profit forecasts, signaling weak demand for snacks amid intense competition from cheaper private-label brands.

  • Foot Locker (NYSE:FL) stock rose 0.2% after the footwear retailer reported better-than-anticipated earnings and comparable sales for the fourth quarter of fiscal 2025.

  • Southwest Airlines (NYSE:LUV) stock rose 1.3% after the carrier announced plans to close two flight attendant bases, in Texas and Florida, amid its cost-cutting push.

  • Ford (NYSE:F) stock rose 1.5%, General Motors (NYSE:GM) added 3.9% and Tesla (NASDAQ:TSLA) gained 1.5%, after logging sharp declines in the previous session, amid hopes the tariffs on Mexico and Canada can be halted.

  • Nvidia (NASDAQ:NVDA) stock rose 1.4%, Broadcom (NASDAQ:AVGO) jumped 1.6% and Intel (NASDAQ:INTC) climbed 1.1% after President Trump said lawmakers should get rid of a landmark 2022 bipartisan law on subsidies to the semiconductor industry.

  • Dollar Tree (NASDAQ:DLTR) stock rose 1.9% after the discount retailer named Stewart Glendinning, former Tyson Foods (NYSE:TSN) CFO, as its next chief financial officer, effective March 30.

  • Arista Networks (NYSE:ANET) stock rose 2.7% after UBS upgraded its stance on the network equipment company to “buy” from “neutral”, citing AI momentum.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.