Check out the companies making headlines before the bell. F5 – Shares soared nearly 14% on the heels of the application security company’s fiscal second-quarter outlook beating Wall Street’s expectations. F5 expects revenue to come in between $705 million and $725 million, while analysts polled by FactSet had penciled in $702.7 million. Nextracker – The solar tracker manufacturer surged more than 24% after beating revenue expectations and offering stronger-than-expected earnings guidance. Nextracker reported $679.4 million in revenue for the quarter, exceeding the FactSet consensus forecast of $646 million. ASML – U.S.-listed shares of the Dutch semiconductor giant rose 5% after the company’s fourth-quarter net bookings jumped 169% from the prior quarter and surpassed analyst expectations, signaling strong demand for its chipmaking tools. ASML posted 7.09 billion euros in net bookings for the period, above the 3.99 billion euros that analysts polled by Visible Alpha had anticipated, per Reuters. Chip equipment stocks – Shares of U.S.-based chip equipment firms also jumped following ASML’s fourth-quarter results. Lam Research rose 3%, while Applied Materials and KLA Corp. each gained more than 2%. LendingClub – The financial services company’s stock retreated around 18% after LendingClub provided a weak outlook. Fourth-quarter earnings fell to $9.7 million, or 8 cents per share, from $10.2 million, or 9 cents per share, a year ago period. Provisions for credit losses of $63.2 million were larger than analysts surveyed by FactSet had anticipated. Alibaba Group – Shares rose 3% after the Chinese tech giant released a new version of its artificial intelligence model Qwen that it said surpasses DeepSeek. A Qwen post on X read: “We have been building Qwen2.5-Max, a large MoE LLM pretrained on massive data and post-trained with curated SFT and RLHF recipes. It achieves competitive performance against the top-tier models, and outcompetes DeepSeek V3 in benchmarks like Arena Hard, LiveBench, LiveCodeBench, GPQA-Diamond.” Qorvo – The semiconductor supplier fell nearly 3% after it forecast revenue at its largest customer to be “flat to up modestly.” The comments, made on the earnings call, overshadowed Qorvo’s earnings and revenue beat for its fiscal third quarter. Moderna – Shares of the vaccine maker fell more than 2% after a downgrade to neutral from buy at Goldman Sachs. The investment firm said Moderna seems to have “limited visibility” regarding its future revenue from respiratory illness vaccines. T-Mobile US – Shares popped 6% after the telecommunications company issued upbeat full-year guidance. T-Mobile forecast adjusted EBITDA between $33.1 billion and $33.6 billion, while analysts expected $33.35 billion, according to FactSet. The company also beat both the top- and bottom-line estimates in the fourth quarter. T-Mobile earned $2.57 per share on revenue of $7.68 billion. Analysts polled by FactSet estimated earnings of $2.29 per share on $7.86 billion in revenue. Nvidia – The chip giant pulled back more than 2%, chipping away at the almost 9% gain seen in the previous session. Tuesday’s bounce followed a 17% plunge on Monday that resulted in close to $600 billion in lost market cap – the biggest one-day loss for a U.S. company in history – after Chinese startup DeepSeek’s cheaper, open-source AI model exacerbated fears over tech spending and U.S. leadership in the space. — CNBC’s Alex Harring, Jesse Pound, Hakyung Kim, Sarah Min and Michelle Fox contributed reporting.
https://www.cnbc.com/2025/01/29/stocks-making-the-biggest-moves-premarket-asml-baba-nvda-tmus.html
