Flash News / Amazon, Intel, Chevron a...

AAPL AMZN BA CVX INTC TEAM XOM

Amazon, Intel, Chevron and Boeing rise premarket; Apple falls

investing.com 01/11/2024 - 11:35 AM

US Stock Futures Rise Amid Earnings Reports

US stock futures rose on Friday as investors processed additional earnings from the tech sector ahead of the significant monthly jobs report.

Premarket US Stock Movers

  • Apple (NASDAQ:AAPL): Stock fell 1.7% after revealing a current-quarter revenue outlook in the low- to mid-single-digits, missing Wall Street's top-end estimates, indicating caution before the holiday trading season.

  • Amazon (NASDAQ:AMZN): Stock rose 7% following third-quarter earnings that exceeded analysts’ expectations, despite lower-than-expected guidance for the next quarter.

  • Intel (NASDAQ:INTC): Stock rose 5.3% as the chipmaker showed optimism for its PC and server divisions, projecting current-quarter revenue above estimates.

  • Exxon Mobil (NYSE:XOM): Stock rose 1.8% after beating third-quarter earnings expectations, raising its fourth-quarter dividend, and returning $9.8 billion to shareholders.

  • Chevron (NYSE:CVX): Stock rose 2.1% as the oil major reported stronger-than-expected third-quarter earnings and revenue and returned over $7 billion to investors.

  • Boeing (NYSE:BA): Stock rose 2.3% after the union representing around 33,000 striking workers supported a new pay offer from the company, featuring a 38% wage increase over four years.

  • Atlassian (NASDAQ:TEAM): Stock surged 20% after increasing its annual revenue growth forecast, anticipating a significant rise in demand for its cloud software from enterprise clients.

  • B. Riley Financial (NASDAQ:RILY): Stock rose 0.5% after announcing plans to sell part of its Wealth Management division to Stifel Financial (NYSE:SF), which is up 0.9%, for between $27 million and $35 million in cash.




Comments (0)

    Greed and Fear Index

    Note: The data is for reference only.

    index illustration

    Extreme Greed

    84