(5/31) Wednesday's Pre-Market Stock Movers & News Good Morning StonkForums! Happy Wednesday! STOCK FUTURES NOW: YESTERDAY'S MARKET HEAT MAP: YESTERDAY'S S&P SECTORS: TODAY'S ECONOMIC CALENDAR: THIS WEEK'S ECONOMIC CALENDAR: MOST ACTIVE TRENDING DISCUSSIONS (STOCK SYMBOLS ARE CLICKABLE!): AI BUD CXAI SOFI AAP HPQ CPRI EH PEP USO THIS WEEK'S IPO'S: THIS WEEK'S EARNINGS CALENDAR: ($CRWD $CRM $AI $ZS $DG $AVGO $LULU $OKTA $AAP $M $BNR $MDB $CHPT $UHAL $SKY $TNP $HPE $CHWY $HPQ $ESLT $S $CPRI $ALAR $MDWD $TRMR $CD $CAE $BOX $JWN $ASAN $BLI $DELL $VEEV $AMBA $PSTG $DOOO $GLNG $FIVE $DCI $NTAP $IOT $HRL $RSVR $SPWH $COO $NOAH $YY $ESTC $PD) THIS MORNING'S PRE-MARKET EARNINGS RELEASES: ($AAP $CPRI $CD $CASE $DCI $RSVR $FRO) BEFORE TODAY'S MARKET OPEN: THIS AFTERNOON'S AFTER-HOURS EARNINGS RELEASES: AFTER TODAY'S MARKET CLOSE: YESTERDAY'S ANALYST UPGRADES/DOWNGRADES: YESTERDAY'S INSIDER TRADING FILINGS: TODAY'S DIVIDEND CALENDAR: THIS MORNING'S PRE-MARKET STOCK NEWS MOVERS: source: cnbc.com SoFi — The financial services platform added nearly 7%. A deal to raise the U.S. debt ceiling on track for a vote on Wednesday would resume student loan payments. Carvana — Shares fell nearly 4% in premarket trading. Carvana stock has been on fire so far this year with a 189% gain from the start of 2023. Anheuser-Busch — The beer giant declined 1.7%. Lower sales volume across the company’s portfolio of products underpinned the decline, with Bud Light leading the charge with a 25.7% fall for the week ending May 20, according to Evercore. Hewlett Packard Enterprise — Hewlett Packard Enterprise fell nearly 8% on the back of mixed quarterly numbers. The company earned an adjusted 52 cents per share, beating a Refinitiv forecast of 48 cents per share. However, revenue of $6.97 billion was below a consensus estimate of $7.31 billion. Twilio — Shares gained 3.6% after a report that Legion Partners is looking to make changes to the automated communications company’s board, as well as divestitures. Ambarella — The chip stock shed 18% after Ambarella shared disappointing guidance for the second quarter. Ambarella expects second-quarter revenue between $60 million and $64 million. Analysts expected guidance around $66.9 million, according to StreetAccount. Advance Auto Parts — The car parts retailer plummeted more than 25% after a wide earnings miss. The company reported an adjusted 72 cents per share against a Refinitiv consensus forecast of $2.57 per share. Advance Auto Parts also slashed its quarterly dividend. C3.AI — The artificial intelligence stock declined 5.8% ahead of of quarterly results on Wednesday. Analysts polled by FactSet forecast an adjusted quarterly profit of 3 cents per share. American Airlines – Shares of the air carrier rose about 2% premarket after the company raised expectations for the second quarter. American increased its earnings per share expectation from between $1.20 and $1.40 to between $1.45 and $1.65. It also increased its margin expectations, to between 12.5% and 14.5% from between 11% and 13%. Have a happy trading day to everyone in here on this Wednesday!
