Check out the companies making headlines in premarket trading. Nvidia — The artificial intelligence darling ticked up about 1% after Nvidia reported earnings and revenue that surpassed Wall Street estimates in the fourth-quarter . It also issued a better-than-expected outlook for revenue in the current quarter. To be sure, Nvidia also warned that global competition is ramping up . Freeport-McMoRan — The copper producer advanced more than 2% following an upgrade to buy from Jefferies. The firm cited improving free cash flow trends as well as cost reductions as growth catalysts moving forward. EBay — The e-commerce stock fell nearly 8% after first quarter revenue guidance came in short of expectations. EBay said it expects revenue between $2.52 billion and $2.56 billion. Analysts were penciling in $2.59 billion, according LSEG. The company’s fourth-quarter results did beat estimates. Sterling Infrastructure — Shares gained about 5% after DA Davidson upgraded the company to buy from neutral, saying that an acceleration in data center-related infrastructure growth in 2025 will boost the company. Snowflake — The data cloud analytics stock surged more than 12% on Snowflake’s better-than-expected fourth-quarter results. The firm notched adjusted earnings of 30 cents per share on revenue of $987 million, while analysts polled by LSEG forecast earnings of 17 cents per share and $956 million in revenue. Salesforce — Shares slid 3.4% after the technology company posted fourth-quarter revenue that missed Wall Street’s expectations, along with weak guidance. Salesforce reported $9.99 billion in revenue for the quarter, while analysts polled by LSEG anticipated $10.04 billion. Nutanix — The cloud computing stock gained 16% after Nutanix reported fiscal second-quarter adjusted earnings of 56 cents per share on revenue of $655 million. Analysts polled by LSEG were looking for 47 cents per share and $642 million in revenue. Paramount Global — Shares of the media conglomerate pulled back more than 1% after Paramount’s fourth-quarter results missed analyst estimates. The firm reported a loss of 11 cents per share, while analysts polled by LSEG forecast a loss of 12 cents per share. Paramount’s revenue of $7.98 billion also missed the consensus forecast of $8.10 billion, per LSEG. Sweetgreen — The salad chain slipped 11% on the heels of weaker-than-expected forward guidance. Sweetgreen forecast full-year revenue in the range of $760 million to $780 million, while analysts surveyed by LSEG were looking for $789 million. C3.ai — The enterprise software stock was lower by more than 4%,despite the company’s better-than-expected quarterly results. C3.ai notched a loss of 12 cents per share on revenue of $99 million, while analysts polled by LSEG forecast a loss of 25 cents per share and $98 million in revenue. Teladoc Health — Shares of the virtual health-care services provider fell nearly 13% after it reported a wider-than-expected fourth-quarter loss and a weaker-than-expected revenue forecast for the current quarter. Teladoc posted a fourth-quarter loss of 28 cents per share, worse than the loss of 24 cents per share analysts surveyed by LSEG were expecting. For the current quarter, the company said it expects revenue to come in between $608 million and $629 million versus the consensus estimate of $632.9 million. — CNBC’s Alex Harring, Sean Conlon, Sarah Min and Jesse Pound contributed reporting
https://www.cnbc.com/2025/02/27/stocks-making-the-biggest-moves-premarket-nvda-snow-crm-ebay.html
