Check out the companies that make headlines before the bell. Boeing – Aerospace stocks rose more than 5% after reporting narrow losses in the first quarter. Boeing said it had a net loss of $31 million in the first quarter, improving its loss of $355 million over the same period last year. Excluding ICTORS, the loss of 49 cents per share was better than the $1.18 loss analysts expect, according to FactSet. CEO Kelly Ortberg said the company would ask the Federal Aviation Administration to approve an increase in production of the 737’s largest jet. Tesla – The electric car maker jumped over 7% despite the first quarter results overlook Wall Street’s expectations. Telsa has earned 27 cents per share, adjusted for revenues below $19.34 billion, below the $211.1 billion revenues, which were forecast by analysts surveyed by LSEG. During a revenue call on Tuesday, CEO Elon Musk revealed that time spent on government efficiency will be “significantly” reduced from May. Enphase Energy – Solar Technology Company’s shares fell nearly 11% after losing Wall Street’s revenue and revenue expectations. CEO Badri Kothandaraman said tariffs would damage the company’s battery business by sources from China. Enphase expects tariffs will reduce gross profit by about 2% in the second quarter. CAVA – The stock of the fast casual restaurant chain has moved forward nearly 6% after receiving an outperform upgrade from market performance at Bernstein. Analyst Danilo Gargiulo said he believes the company could be protected from economic downturns and expects stocks to gather more than 40%. Eli Lilly – The drug giant’s shares rose 2% after Eli Lilly filed a lawsuit against four telehealth companies selling a combined version of weight loss drug Zepbound and diabetes treatment Mounjaro. Lily accused consumers of deceiving “untested, unapproved drugs” and alienating them from Lily’s products. BP – Stocks rose about 2% after activist investor Elliott Management revealed in a regulatory filing that it had built more than 5% stake in the oil giant. SAP – Shares rose approximately 8% after the software company reported its first quarter revenue beat. SAP has earned 1.44 euros ($1.64) per share, compared to the analysts forecasted by LSEG. However, revenue missed analysts’ expectations. Bristol Myers Squibb – The Biopharma giant stock revealed that it was unable to reach the threshold of statistically significant differences as a supplementary treatment for schizophrenia in a phase 3 trial. Capital One Financial – Credit Card Company’s shares rose approximately 3% after first quarter revenues exceeded expectations. Capital One reported $4.06 in adjusted earnings per share, with analysts surveyed by LSEG predicting $3.71. Several Wall Street companies have raised price targets for stocks, including Bank of America. Intuitive Surgical – Stocks rose 7% after surgical robot makers reported first quarter financial results to beat expectations. Adjusted revenue was $1.81 per share, compared to the $1.72 expected from analysts voted by LSEG. Revenue was $2.25 billion, surpassing the consensus estimate of $2.19 billion. Following the overweight start of Duolingo – Morgan Stanley, the stock went to 4%. The company set a high price target for Wall Street on its stocks, calling it “best in class consumer internet assets.” Ge Vernova – The energy equipment maker jumped over 7% after the company maintained its financial guidance for 2025 despite its expected hit from tariffs of up to $400 million. Ge Vernova forecasts revenues of up to $37 billion and free cash flows of up to $2.5 billion this year. – CNBC’s Alex Hurling, Jesse Pound, Pier Singh, Spencer Kimball and Michelle Fox reported.
The biggest moves stock localities: ba, tsla, bp, lly
