Check out the companies that are trending in pre-market trading. Nvidia — Shares rose 3.5% in premarket trading Wednesday, building on the roughly 5% rise seen in the previous session. The chipmaker is now nearing a $5 trillion market capitalization milestone, something no other company has ever achieved. Boeing — The aerospace company was thrown into turmoil after reporting its latest quarterly results. Boeing’s revenue for the third quarter was $23.27 billion, higher than the $21.97 billion expected by analysts surveyed by LSEG. However, the company posted a larger-than-expected loss, reporting an adjusted loss of $7.47 per share, compared to the $4.59 per share loss that analysts had expected. Caterpillar — The construction and agricultural equipment maker rose 4% after better-than-expected third-quarter results. Caterpillar had adjusted earnings of $4.95 per share on revenue of $17.64 billion. Analyst estimates compiled by LSEG were for earnings of $4.59 per share and revenue of $16.77 billion. Fiserv — The financial services technology company’s stock price fell 28% on the back of a sharp third-quarter profit slump. Fiserv earned $2.04 per share, excluding certain items, on revenue of $4.92 billion. Analysts expect earnings of $2.64 per share and revenue of $5.35 billion. The company also revised its full-year profit forecast downward. CVS Health — The pharmacy operator fell slightly after the company reported a net loss of $3.99 billion in the third quarter. Last year, CVS had net income of $71 million. Seagate Technology — This data storage company beat expectations in the first quarter, increasing 6.6%. Seagate had adjusted earnings of $2.61 per share on revenue of $2.63 billion, compared to the expectations of analysts surveyed by LSEG on earnings of $2.37 per share and revenue of $2.55 billion. Centene — The managed care company soared 10% after posting better-than-expected third-quarter profits and raising its earnings guidance. Centene earned 50 cents per share, even though analysts surveyed by FactSet had expected a loss of 14 cents per share. The company posted revenue of $49.69 billion, also beating the consensus estimate of $47.72 billion. TE Connectivity — Shares rose 4.4% after a better-than-expected fourth-quarter fiscal earnings report. TE reported revenue excluding items of $4.75 billion and earnings per share of $2.44, compared to analysts’ expectations of $2.29 per share and $4.58 billion, respectively. Teradyne — Shares of the testing systems and robotics products supplier rose 20.5% after an upbeat earnings report and outlook. Teradyne’s third-quarter sales were $769 million, or 85 cents a share excluding merchandise, compared with analysts’ expectations of 79 cents and $744.1 million, according to FactSet. Generac — The generator maker fell 9% after reporting weaker-than-expected third-quarter earnings. Generac’s earnings, excluding items, were $1.83 per share on revenue of $1.11 billion, below the $2.19 per share and $1.19 billion expected by analysts surveyed by FactSet. Mondelez — The snack maker fell 5.5% after lowering its full-year organic revenue growth forecast from 5% to 4%. This overshadowed the company’s third-quarter earnings report, which beat Wall Street expectations in both areas. Brinker International — Shares fell 4% after the chain restaurant owner said it expected annual sales in the range of $5.6 billion to $5.7 billion. That’s slightly below the Street’s average 2025 sales forecast of $5.72 billion, according to FactSet. Garmin — The electronics maker fell 5.3%. Earnings per share, excluding items, matched analysts’ expectations of $1.99, but Street earnings were $1.78 billion on revenue of $1.77 billion, according to FactSet. Bloom Energy — The energy technology stock rose 13.9%. Bloom earned an adjusted 15 cents per share in the third quarter on revenue of $519 million, beating FactSet consensus estimates of 10 cents per share and revenue of $428.4 million. Caesars Entertainment — The casino operator fell nearly 8% after its third-quarter financial results disappointed investors. Caesars reported a loss of 27 cents per share on revenue of $2.87 billion. Analysts surveyed by LSEG had expected a loss of 5 cents per share on revenue of $2.89 billion. Enphase Energy — The energy technology company fell more than 11% after its full-year revenue guidance of $310 million to $350 million fell short of analysts’ expectations of $382.9 million, according to FactSet. Enphase Energy also said tariffs impacted gross profit in the third quarter. However, adjusted profit for the quarter exceeded expectations. Avantar — The life sciences stock plunged 17.2% after the company reported third-quarter revenue of $1.62 billion, below the FactSet consensus estimate of $1.65 billion. Avantar’s earnings per share, excluding items, were 22 cents, in line with expectations. — CNBC’s Fred Imbert, Liz Napolitano, Sean Conlon and Michelle Fox contributed reporting
Stocks making the biggest moves pre-market: NVDA, CAT, GNRC, CZR
