Check out the companies that make headlines in pre-market transactions. NVIDIA – The shares slipped over 6% after chipmakers said they would need a quarterly bill of $5.5 billion linked to exporting H20 graphics processing units to China and other destinations. Nvidia said it submitted that the US government has notified the company that it requires a license to export chips to China and several other countries. JB Hunt Transport Services – Transport inventory pulled back 6% despite breaking analyst estimates on the top and bottom lines in the first quarter. However, JB Hunt reported a 1% decline in annual revenue and operating profit. United Airlines – Travel inventory rose more than 7% after United’s first quarter results surpassed analyst expectations. According to LSEG, the company beat Wall Street’s expected 76 cents per share, earning 91 cents per share. United also gave two full-year outlooks, calling the economy “unpredictable.” Interactive Broker – E-Translators stocks fell 8% after the company missed revenue estimates. The interactive broker reported first-quarter earnings of $1.88 per share, but the items were excluded, while the analysts voted by LSEG were looking for $1.92 per share. The adjusted revenue of $1.4 billion was in line with forecasts. The company also announced a 4-1 stock split and an increase from 7 cents per share to 32 cents dividends. Travelers – The stock went to 2.9% after travelers posted first quarter results that were better than expected. The insurance company reported profits of $1.91 per share, exceeding the 79 cents per share expected by analysts voted by FactSet. Revenue of $118.1 billion exceeded the FactSet Consensus estimate of $1.0840 million. Tesla – EV maker’s shares fell about 2%. Reuters said Tuesday night that it was citing sources with direct knowledge on the issue, saying that the suspension of President Donald Trump’s imported components from China for the production of cybercabs and semi-electric trucks in the United States could disrupt efforts to mass-produce livestock domestically. ASML – Shares of the Dutch semiconductor equipment company fell 5.1% after ASML posted a disappointing quarterly booking. The company’s CEO said that tariff-driven “uncertainty with some of its customers” could bring the company to the bottom of the year-round revenue guidance. US Bancorp – Bank stocks rose slightly, surpassing first quarter expectations. US Bancorp won $1.03 per share with revenue of $69.6 billion. Analysts voted by LSEG expected a profit of 98 cents per share against revenues of $6.91 billion. – Reported by Jesse Pound, Sarah Min and Pia Singh of CNBC. Get tickets for Pro Live Join us on the New York Stock Exchange! An uncertain market? Earn Edge with CNBC Pro Live, the first exclusive event on the historic New York Stock Exchange. Access to expert insights is paramount in today’s dynamic financial situation. As a CNBC Pro subscriber, we encourage you to take part in the first exclusive, in-person CNBC Pro live event held at the iconic NYSE on Thursday, June 12th. Join ProSCarter Worte, an interactive pro clinic led by Dan Niles and Dan Ives, along with a special edition of Pro Talks with Tom Lee. You will also get the opportunity to network with CNBC experts, talent and other pro subscribers during exciting cocktail hours on the legendary trading floor. Tickets are limited!
UAL, NVDA, TSLA, TRV, etc.
