Check out the companies that made headlines before the bell: Applied Materials — Shares fell more than 8% after the semiconductor equipment maker offered a weak earnings outlook for the current quarter. Applied Materials said it expects first-quarter revenue of $7.15 billion, below the $7.224 billion expected by analysts surveyed by LSEG. The company also reported better-than-expected fourth-quarter results and provided a solid outlook for adjusted earnings per share. Alibaba — Shares rose more than 3% after the Chinese e-commerce giant beat profit estimates in its second-quarter results, but as the company continues to struggle with weak consumer spending in China. , sales were disappointing. Alibaba’s net profit increased 58% year-on-year on the back of the company’s stock investment performance. According to LSEG data, sales rose 5% year-on-year to 236.5 billion yuan, but were lower than analysts’ expectations of 238.9 billion yuan. Moderna — The biotech company’s stock fell 1.8% Thursday after news that prominent vaccine skeptic Robert F. Kennedy Jr. was announced as President-elect Donald Trump’s nominee for secretary of Health and Human Services. It continued to decline since then. . Domino’s Pizza, Pool Corp. — The pizza chain’s stock rose about 6% after Warren Buffett’s Berkshire Hathaway announced a new investment in Domino’s Pizza in a regulatory filing. Berkshire Hathaway bought more than 1.2 million shares, bringing its investment to about $550 million at the end of September. Pool Corporation also rose 6% as the conglomerate bought about 404,000 shares of the pool supply company, valued at $152 million at the end of the period. Ulta Beauty — Shares fall 5% after Berkshire Hathaway disclosed in a regulatory filing that it has sold about 97% of its shares and largely eliminated its status as a beauty retailer. It fell. Ulta was a new bet for Berkshire, which just bought the stock in the second quarter. Palantir — Defense technology shares rose more than 2% after the company announced it would move its listing from the New York Stock Exchange to the Nasdaq Global Select Market. The company said it expects to be eligible to join the Nasdaq 100 index once the transition is complete. —CNBC’s Jesse Pound, Lisa Kai-Lai Han and Pia Xin contributed reporting.
BABA, AMAT, ULTA etc.
