Nvidia shares rise premarket; Salesforce, Paramount Global drop

Published 27/02/2025, 13:52
© Reuters.

Investing.com - U.S. stock futures advanced on Thursday as traders assessed quarterly earnings from artificial intelligence-darling Nvidia and fresh tariff remarks from President Donald Trump.

Here are some of the biggest premarket U.S. stock movers today:

Shares in Nvidia (NASDAQ:NVDA) moved higher, as a higher-than-anticipated current-quarter sales projection was counterbalanced by a narrowing in profit margins.

Bath & Body Works (NYSE:BBWI) shares dropped after the retailer issued a below-consensus forecast for its first quarter.

Shares in eBay (NASDAQ:EBAY) plunged 8% after the e-commerce giant provided weaker-than-expected revenue guidance for the first quarter, overshadowing a fourth-quarter earnings beat.

U.S.-listed shares in Ferrari (NYSE:RACE) slipped after Exor (AS:EXOR) announced that it had raised around 3 billion euros from selling a 4% stake in the Italian sportscar maker.

Ibotta (NYSE:IBTA) shares shed more than 40% of their value after the digital marketing software company’s current-quarter guidance was below expectations.

Crypto miner Mara Holdings (NASDAQ:MARA) moved higher on stronger-than-expected fourth-quarter revenue.

Nutanix (NASDAQ:NTNX) shares soared after the infrastructure software firm lifted its full-year revenue guidance and posted better-than-anticipated second-quarter adjusted income per share.

Papa John’s (NASDAQ:PZZA) shares ticked higher after the pizza chain beat fourth-quarter profit and sales.

Paramount Global (NASDAQ:PARA) dropped after MTV-parent reported fourth-quarter sales and income that missed Wall Street estimates.

Salesforce (NYSE:CRM) shares fell after the software group unveiled a revenue outlook that came up short analyst estimates.

Cloud-computing group Snowflake (NYSE:SNOW) gained more than 10% on a product revenue outlook that topped analyst projections.

Vistra (NYSE:VST) reported fourth-quarter core earnings at its retail unit that topped expectations, sending shares in the Texas-based energy utility higher.

Warby Parker (NYSE:WRBY) rose on an upbeat sales forecast from the eyeglass retailer.

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