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☆ Stocks making the biggest moves premarket: Netflix, Paramount, Sunnova Energy & more
▼ + stars: | 2024-04-19 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Intuitive Surgical — Shares of the robotic surgery firm popped 3% after posting a first quarter earnings and revenue beat. Western Alliance — Shares slipped 2% after the firm missed earnings expectations in its latest quarter. Western Alliance reported earnings of $1.60 per share, while FactSet had estimated this at $1.64 per share. The company slightly missed revenue expectations, however, posting $20.20 billion, while analysts expected $20.41 billion. American Express — Shares slid 1.5% despite the financial services company posting a first-quarter earnings and revenue beat above FactSet estimates.

Persons: Ashley Helgans, Sephora, Shopify, Morgan Stanley, Wells, Biden, SLB, LSEG, FactSet, Proctor, Gamble, — CNBC's Hakyung, Jesse Pound, Samantha Subin Organizations: Jefferies, Netflix, Energy, Western, Western Alliance, Paramount, New York Times, Bloomberg, Sony Pictures Entertainment, Apollo Global Management, Skydance Media, Bentley Systems, Schneider Electric, American, American Express Locations: Canada, Wells, North America, — CNBC's Hakyung Kim, Tanana

☆ Asia markets climb as U.S. Treasury yields pressure Wall Street; data from Australia and Japan on deck
▼ + stars: | 2024-04-09 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

An aerial view of the central business district and Sydney Opera House on February 17, 2023. On Tuesday, investors in Asia will observe business confidence surveys from Australia and consumer confidence data from Japan. Asia-Pacific markets climbed even as U.S. Treasury yields put pressure on Wall Street equities Monday. Futures for Hong Kong's Hang Seng index stood at 16,831, pointing to a weaker open compared to the HSI's close of 16,732.85. Treasury yields rose, with the rate on the benchmark 10-year Treasury note up about 4 basis points to 4.42%.

Persons: CNBC's Hakyung Kim, Yun Li Organizations: Sydney Opera House, Treasury, Wall, Nikkei, Dow Jones, Nasdaq Locations: Asia, Australia, Japan, Pacific, U.S, . Federal

☆ Stocks making the biggest moves midday: Altice, Tesla, Krispy Kreme, Cinemark and more
▼ + stars: | 2024-04-05 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Altice USA — The cable television firm tumbled more than 12% after Wells Fargo downgraded the stock to underweight from equal weight. Krispy Kreme — Shares jumped 6% after Piper Sandler upgraded the stock to overweight from neutral. Cinemark — The movie theater chain climbed 4.4% on the back of a double upgrade to overweight from underweight by Wells Fargo. Snowflake — The cloud company added 2.5% after Rosenblatt upgraded the stock to buy from a neutral rating, citing strong customer interest. Agilent Technologies — The life sciences applications stock rose nearly 3% after Stifel upgraded it to buy from hold.

Persons: Wells, Steven Cahall, Tesla, Elon Musk, Piper Sandler, McDonald's, Cinemark, Rosenblatt, Daniel Arias, Johnson, — CNBC's Hakyung Kim, Alex Harring, Samantha Subin, Michelle Fox Organizations: USA, Reuters, EV, Investors, Energy, Citi, Technologies, Stifel, Shockwave, Johnson, Israel Locations: U.S, Wells Fargo

☆ Stocks making the biggest moves premarket: Intel, Tesla, Dave & Buster's, Paramount and more
▼ + stars: | 2024-04-03 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Intel — Shares fell more than 4% after the company disclosed a growing operating loss in its semiconductor manufacturing business. Tesla — The electric vehicle maker slipped roughly 1% after Guggenheim and Deutsche Bank slashed their price targets on the stock. The target cuts follow Tesla reporting much weaker-than-expected first-quarter delivery numbers . Dave & Buster's — Shares jumped 5% after the restaurant and entertainment chain increased its share repurchase authorization by $100 million, bringing the total available share repurchase authorization to $200 million. Ally Financial — Shares slipped 2% following a downgrade to underweight from neutral at Morgan Stanley.

Persons: Tesla, Buster's, Wells, Morgan Stanley, Richard Shane, Hakyung Kim, Brian Evans, Lisa Han, Jesse Pound Organizations: Intel —, Intel, Guggenheim, Deutsche Bank, Paramount, The New York Times, Cal, Maine Foods

☆ Stocks making the biggest moves midday: Nvidia, SolarEdge, Teladoc, Wingstop and more
▼ + stars: | 2024-02-21 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

First-quarter revenue is expected to be $175 million to $215 million, far below the $406 million forecast. Teladoc posted $661 million in revenue, below the $671 million consensus forecast from LSEG, formerly known as Refinitiv. Wingstop — The restaurant chain slipped 4% despite reporting fourth-quarter earnings and revenue that topped analysts' estimates. However, total revenue growth came down for the fourth consecutive quarter. Wix.com reported fourth-quarter earnings of $1.22 per share, more than the consensus estimate from StreetAccount of earnings of 96 cents per share.

Persons: SolarEdge, Teladoc, Alan Shaw, —, Dow, Wingstop, Wix.com, CNBC's Hakyung Kim, Michelle Fox, Lisa Kailai Han, Jesse Pound, Samantha Subin, Yun Li, Sarah Min Organizations: Nvidia, Wall, Palo Alto Networks, Toll, Norfolk Southern, Barclays, Walgreen Boots, Dow Jones, Walgreens, Alliance, Dow Jones Industrial, Walgreens Boots Alliance, HSBC —, HSBC, Bank of Communications, Garmin —, Garmin Locations: Palo, billings, LSEG, U.S, China

☆ Stocks making the biggest moves premarket: Deere, Cisco, Arm, Super Micro and more
▼ + stars: | 2024-02-15 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Twilio -- Shares dropped nearly 11% after the consumer engagement company issued lower-than-expected revenue guidance for the current quarter. Twilio also reporter total active consumers for the fourth-quarter that were below Wall Street estimates. Tripadvisor -- Shares climbed nearly 5% after the online booking company beat Wall Street estimates on the top and bottom line in the fourth-quarter. JFrog -- Stock in the software development company climbed more than 19% after fourth-quarter results surpassed Wall Street estimates. Shake Shack -- Shares of the restaurant stock climbed nearly 17% after the firm beat Wall Street estimates on the top and bottom line.

Persons: Twilio, Bitcoin, Tripadvisor, JFrog, FactSet, Shack, John C, bitcoin, — CNBC's Hakyung Kim, Sarah Min, Pia Singh Organizations: Cisco —, Cisco, JPMorgan, Wall, LSEG, Deere, Bank of America, Nvidia, AMD, Intel, Marathon Digital Holdings, Arm Holdings, Holdings

☆ Stocks making the biggest moves midday: Uber, Airbnb, MGM Resorts, Robinhood and more
▼ + stars: | 2024-02-14 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

Uber — Uber's shares jumped 11%, climbing to a new 52-week high, after the ride-hailing company announced an inaugural $7 billion share repurchase authorization program. The higher end of the company's full-year earnings per share guidance, $11.40, was also above estimates of $10.83 per share. On Tuesday, DaVita posted earnings of $1.87 per share, ex-items, on $3.15 billion in revenue. Robinhood Markets — Shares of the trading platform jumped 9% after the company posted a surprise earnings and revenue beat. Robinhood posted earnings of 3 cents per share, while analysts expected a 1 cent per share loss, according to LSEG.

Persons: Uber, Uber's, Lyft, IQVIA, Charles River, DaVita, FactSet, Robinhood, Zillow, LSEG, bitcoin, Energy rocketed, CleanSpark, Topgolf Callaway, Akamai, Kraft Heinz, Airbnb, CNBC's Hakyung Kim, Alex Harring, Jesse Pound, Pia Singh, Michelle Fox Organizations: Uber Technologies, Inc, IQVIA Holdings, Charles River Laboratories, Revenue, Miners, Energy, Marathon, MGM Resorts, Hasbro Locations: New York City, FactSet, LSEG, China, Macau, U.S, Detroit

☆ Stocks making the biggest premarket moves: Meta, Amazon, Bristol-Myers Squibb, Chevron and more
▼ + stars: | 2024-02-02 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Amazon — The e-commerce giant popped nearly 7% a day after posting an earnings and revenue beat . Revenue came in at $1.56 billion, topping the consensus estimate of $1.45 billion. The company reported $2.48 earnings per share, while analysts polled by LSEG had expected $2.21 per share. Analysts polled by LSEG expected guidance of $8.9 billion in revenue and earnings of $4.18 per share this year. Cinga also raised its full-year revenue outlook to at least $235 billion, topping the consensus estimate of $228.65 billion, per StreetAccount.

Persons: Amazon's, LSEG, Skechers, —, Clorox, Cigna, Cinga, Mattel, Hakyung Kim, Sarah Min, Jesse Pound Organizations: LSEG, Revenue, Myers, Chevron, LSEG . Revenue, Exxon Mobil —, Apple —, Apple, Technology, Journal, Barington, Mattel, Citi, Sea Limited Locations: Bristol, China

☆ Stocks making the biggest moves midday: Tesla, American Airlines, Boeing, Humana and more
▼ + stars: | 2024-01-25 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

American Airlines posted adjusted earnings of 29 cents per share on $13.06 billion in revenue. Adjusted earnings per share came in at $3.87 for the fourth quarter, topping the $3.78 expected from analysts polled by LSEG. ResMed's adjusted earnings were $1.88 per share for its fiscal second quarter, compared to the $1.77 per share expected from analysts polled by StreetAccount. Adjusted earnings in the fiscal second quarter were $7.52 per share, versus the $7.12 per share consensus estimate, per LSEG. United Rentals' adjusted earnings per share, revenue and adjusted earnings before interest, taxes, depreciation, and amortization all topped consensus estimates, per FactSet.

Persons: Tesla, Max, Northrop Grumman, — CNBC's Hakyung Kim, Samantha Subin, Tanaya Macheel, Sarah Min Organizations: American Airlines –, American Airlines, LSEG, IBM —, postmarket, Revenue, Boeing —, Bank of America, Boeing, Alaska Airlines, Federal Aviation, StreetAccount . Revenue, Humana, Comcast —, Comcast, LSEG . Revenue, Northrop, U.S . Air Force's, Nokia —, Nokia, United Rentals, Avis Budget, Avis Budget Group, Deutsche Bank, CNBC Locations: Lam, Finnish

☆ CNBC Daily Open: A mixed bag of earnings
▼ + stars: | 2024-01-24 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Brendan Mcdermid | ReutersWhat you need to know todayThe bottom lineThe latest batch of corporate earnings was a mixed bag for Wall Street. Horton fell more than 9% after the homebuilder missed Wall Street's consensus estimate for per-share earnings. Most notable was Netflix, which reported earnings after the close.

Persons: Brendan Mcdermid, Horton, Lockheed Martin, Wall, Nikki Haley, Donald Trump's, Haley, Trump, Ron DeSantis, — CNBC's Hakyung Kim Organizations: CNBC, Dow Jones, New York Stock Exchange, Reuters, Dow, Lockheed, Netflix, Republican, South Carolina Gov, GOP, Florida Gov Locations: New Hampshire

☆ Stocks making the biggest moves premarket: Coinbase, TKO Group, United Airlines, D.R. Horton and more
▼ + stars: | 2024-01-23 | by ( Brian Evans | ) www.cnbc.com time to read: +5 min

The company sees earnings per share ranging between 60 and 65 cents, well below an LSEG estimate of 72 cents per share. Horton — Shares of the home construction company slipped more than 5% after first-quarter earnings per share missed Wall Street estimates. Horton earned $2.82 per share, while analysts polled by LSEG expected a profit of $2.88 per share. Analysts expected earnings of 80 cents per share, according to LSEG. Analysts expected a profit of $1.24 per share on revenue of $19.7 billion.

Persons: Truist, Enphase, Goldman Sachs, Glen Santangelo, D.R, Horton —, Horton, LSEG, Halliburton, FactSet's StreetAccount, groundings, Johnson — Johnson, Johnson, RTX, CNBC's Hakyung Kim, Samantha Subin, Jesse Pound, Lisa Kailai Han, Fred Imbert Organizations: JPMorgan, General Electric, Energy, Federal, 3M, Goldman, Teva Pharmaceutical Industries, pharma, Jefferies, Logitech —, Logitech, Wall Street, United Airlines –, United Airlines, LSEG, Boeing, Max, Barstool Sports, Netflix, Johnson, Verizon, Procter, Gamble, RTX Corporation, Wall

☆ Stocks making the biggest moves midday: Spotify, Virgin Galactic, Lululemon and more
▼ + stars: | 2023-12-04 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Lululemon — Shares declined 2% after Wells Fargo downgraded the athleisure company to equal weight from overweight. The firm said Lululemon's prior positive catalysts have already played out, and it forecasts more muted growth in 2024. Spotify — Shares added 8.8% after the music streaming company announced it would lay off 17% of its workforce. The three stocks will replace Sealed Air , Alaska Air Group and SolarEdge Technologies . Virgin Galactic — Shares of the space company plunged nearly 15%.

Persons: Wells, MicroStrategy, Dow, FirstSource, Richard Branson, Branson, KeyBanc, Carvana, Morgan Stanley, — CNBC's Hakyung Kim, Jesse Pound, Alex Harring, Samantha Subin, Yun Li, Lisa Kailai Han, Sarah Min, Michelle Fox Organizations: Marathon, Spotify, Technologies, Uber Technologies, Dow Jones, Builders, Alaska Air Group, SolarEdge Technologies, Galactic —, Financial, United, JPMorgan, Alaska Air Group —, Hawaiian Airlines, Alaska Air, Hawaiian Holdings, General Motors, Cadillac, Chevrolet, Mizuho Securities, United Auto Workers, Palo Alto, Palo Alto Network Locations: MicroStrategy, British, Seattle, Palo

☆ Stocks making the biggest moves before the bell: Alibaba, Applied Materials, Gap and more
▼ + stars: | 2023-11-17 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in premarket trading. BJ's Wholesale Club — Shares retreated 4.6% in premarket trading after the company revised its expectation for comparable store sales in the fourth quarter amid shifting consumer behavior. Applied Materials — Shares slid 7.2% on Friday, a day after Reuters reported , citing sources, that the semiconductor company was under a Justice Department probe. Gap — The retailer soared 18.5% in premarket trading Friday. Marriott Vacations Worldwide — Shares of the timeshare company lost 2.5% after a Bank of America downgrade to underperform from neutral.

Persons: Alibaba, FactSet, Ross, Expedia, Morgan Stanley, — CNBC's Hakyung Kim, Sarah Min Organizations: BJ's Wholesale, Tenet Healthcare, Novant Health, Reuters, Justice Department, Ross, LSEG, Evercore ISI, Pacific Biosciences, UBS, biosciences, Barclays, Marriott, Bank of America Locations: Alibaba —, Carolina, California, GitLab

☆ Stocks making the biggest premarket moves: Target, TJX, Sirius XM, Advance Auto Parts and more
▼ + stars: | 2023-11-15 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Target posted earnings per share of $2.10 compared with the expected $1.48, according to LSEG. TJX Companies — The retailer shed 2.4% despite reporting and earnings and revenue beat. Third-quarter earnings per share came in at $1.03 versus the 99 cents expected from analysts polled by LSEG. Sirius XM — Shares popped 8.6% after billionaire investor Warren Buffet revealed in a regulatory finding that he purchased 9.7 million shares of Sirius XM in the third quarter. Energizer — The stock slipped nearly 4%, a day after gaining 7.4% on an earnings beat.

Persons: Warren Buffet, Generac, Energizer, Holley —, Jeffries, — CNBC's Hakyung Kim, Sarah Min, Tanaya Macheel Organizations: LSEG, Sirius XM, Bank of America, Wednesday, JPMorgan, Corp Locations: LSEG, LSEG ., underperform, V.F

☆ Stocks making the biggest moves premarket: Disney, Lyft, Krispy Kreme and more
▼ + stars: | 2023-11-09 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Virgin Galactic posted a loss of 28 cents per share, versus the 43 cents per share loss expected by analysts polled by LSEG. Krispy Kreme — Shares of the donut maker dropped 4.8% after the company fell short of expectations on earnings and revenue. Krispy Kreme reported earnings of 3 cents per share on revenue of $407 million, while analysts polled by LSEG expected earnings of 6 cents per share on $414 million in revenue. The ridesharing company reported third-quarter bookings of $3.55 billion, lower than the $3.90 billion anticipated by analysts polled by FactSet. Earnings came out at $3.42 per share, while analysts polled by LSEG had called for $3.43 per share in earnings.

Persons: Virgin Galactic, Krispy Kreme, LSEG, Goldman Sachs, FactSet ., —, Bud, Dickinson, Wall, FactSet, CNBC's Hakyung Kim, Jesse Pound, Sarah Min, Lisa Kailai Han Organizations: Galactic, Virgin Galactic, LSEG . Revenue, Virgin, Disney —, Disney, ESPN, —, ISI, Barclays, Apellis Pharmaceuticals, FactSet, Arm, Anheuser, Busch InBev —, HSBC, Busch, Company Locations: U.S

☆ Stocks making the biggest moves premarket: Starbucks, Shopify, Roku and more
▼ + stars: | 2023-11-02 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Starbucks — Shares of the coffee giant jumped 5.6% after Starbucks' quarterly earnings and revenue exceeded analysts' expectations. The company reported third-quarter earnings of 24 cents per share, excluding items, on revenue $1.71 billion. Analysts polled by FactSet expected earnings of 15 cents per share on revenue of $1.67 billion. Qualcomm — Shares of the wireless tech company gained 5.6% after Qualcomm surpassed analysts' revenue and earnings estimates in its fiscal fourth quarter. Analysts had been expecting a loss of 40 cents per share on $2.09 billion revenue, according to LSEG.

Persons: SolarEdge, Shopify, FactSet, DoorDash, LSEG, Lyft, Airbnb's, Moderna, CNBC's Hakyung Kim, Jesse Pound, Michelle Fox Theobald Organizations: Starbucks, Truist, BMO Capital Markets, Guggenheim, Qualcomm —, Qualcomm, Wall Street, —, Moderna — Locations: New York

☆ Stocks making the biggest moves premarket: Spotify, RTX, Coca-Cola and more
▼ + stars: | 2023-10-24 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

General Motors — General Motors shares were up more than 1% in the premarket after the automaker posted third-quarter earnings and revenue that beat analyst expectations. Spotify — Shares shed 2.5% in early morning trading, despite Spotify's third-quarter earnings topping expectations. Coca-Cola — Coca-Cola reported adjusted third-quarter earnings of 74 cents per share on revenue of $11.91 billion. RTX — The aerospace and defense company soared 8.1% after reporting higher-than-expected earnings and revenue, compared to forecasts from LSEG. RTX posted earnings per share of $1.25 on quarterly revenue of $18.95 billion, while analysts expected earnings per share of $1.21 on $18.59 billion in revenue, according to LSEG.

Persons: LSEG, Piper Sandler, RTX, Morgan Stanley, CNBC's Hakyung Kim, Sarah Min Organizations: Motors — General Motors, GM, United Auto Workers, Spotify, Bank of America, MoffettNathanson, —, 3M, Beverage, Barclays — U.S, Investors

☆ Stocks making the biggest moves premarket: Procter & Gamble, United Airlines, Nvidia and more
▼ + stars: | 2023-10-18 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Analysts polled by LSEG had forecast 91 cents earnings per share on $2.04 billion in revenue. Revenue came in at $7.03 billion, while analysts polled by LSEG expected $7.02 billion. The estimated $1.50 to $1.80 earnings per share expected by the company fell short of the $2.06 expected by estimates according to LSEG. Travelers did report net written premiums of $10.49 billion, above the $10.33 billion expected. Elevance Health earned $8.99 per share on $42.85 billion in revenue in the quarter, exceeding analysts' estimates.

Persons: Morgan Stanley, LSEG, J.B, Hunt, Ilan Daskal, CNBC's Hakyung Kim, Tanaya Macheel, Jesse Pound, Pia Singh Organizations: Nvidia, Citi, U.S, Citizens Financial Group, Citizens Financial, Bancorp, Revenue, United Airlines —, Hunt Transport, Interactive, LSEG, Bank of America, Travelers, Rad Laboratories, Procter, Gamble, Elevance Health Locations: China, J.B, LSEG

☆ Stocks making the biggest moves premarket: Pfizer, Lululemon, Manchester United, Rite Aid and more
▼ + stars: | 2023-10-16 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Pfizer , Moderna , BioNTech — Shares of Pfizer dropped 1.3% after the company slashed its full-year revenue guidance by $9 billion, noting waning demand for its Covid treatment and vaccine. Following the guidance cut, Jefferies upgraded Pfizer on Monday, citing an attractive buying opportunity. Vaccine markers Moderna and BioNTech also dropped premarket, losing 4.1% and 5%, respectively. Colgate-Palmolive — The consumer products stock gained more than 1% in premarket trading after Stifel upgraded Colgate-Palmolive to buy from hold. The firm cited the stock's attractive valuation and the rapid and profitable growth of TAL's non-academic tutoring business as catalysts.

Persons: Jefferies, BioNTech, premarket, Morgan Stanley, Jim Ratcliffe, Jeffrey Stein, Dow, Charles Schwab, CNBC's Hakyung Kim, Jesse Pound, Tanaya Macheel, Michelle Fox Theobald, Lisa Han Organizations: Pfizer, Moderna, BioNTech, Colgate, Palmolive, Manchester United, Wall Street, . Rite, Dow Jones, Activision, Microsoft, TAL Education Group, UBS Locations: New Jersey

☆ Stocks making the biggest moves midday: Boeing, Dollar General, JPMorgan Chase, Netflix and more
▼ + stars: | 2023-10-13 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

On Friday, Gordon Haskett upgraded the stock to buy , saying Dollar General's latest leadership change could help stabilize the company. Wells Fargo — The bank stock gained close to 3% after Wells Fargo posted third-quarter results that beat expectations. Citigroup — Shares of the New York-based bank rose 1.4% after posting its third-quarter results . Citigroup reported $1.63 in earnings per share, or $1.52 per share, excluding the effect of divestitures. Post Holdings — Shares of the packaged food company gained 2% after JPMorgan initiated coverage with an overweight rating on shares.

Persons: Todd Vasos, Gordon Haskett, JPMorgan Chase, Wells Fargo, LSEG, JD.com, Morgan Stanley, UnitedHealth, CNBC's Hakyung Kim, Samantha Subin, Pia Singh, Tanaya Macheel, Jesse Pound Organizations: Boeing —, Boeing, JPMorgan, Revenue, LSEG, Citigroup —, Citigroup, PNC Financial, PNC, Oil, EOG, ConocoPhillips, Exxon Mobil, Progressive, Post Holdings, Netflix, Wolfe Research, Dow, United Food, Commercial Workers International Union, Hormel Locations: York, China

☆ Asia-Pacific stocks fall ahead of Australian central bank rate decision
▼ + stars: | 2023-10-03 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022. Asia-Pacific markets fell ahead of a rate decision by the Reserve Bank of Australia. In Australia, the S&P/ASX 200 was trading down 1.1% ahead of an RBA meeting, where the central bank is expected to hold rates at 4.10%, according to a Reuters poll. In Japan, the Nikkei 225 was down 0.63% in its first hour of trade. The Nasdaq Composite added 0.67% to close at 13,307.77— CNBC's Hakyung Kim and Alex Harring contributed to this report.

Persons: Hakyung Kim, Alex Harring Organizations: Skyline, Reserve Bank of Australia, Nikkei, Dow Jones, Nasdaq Locations: Sydney, Australia, Asia, Pacific, Japan, U.S

☆ CNBC Daily Open: Heed the Russell 2000’s warning
▼ + stars: | 2023-10-03 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

In other words, the Russell 2000 turned negative for the first time in 2023. It comprises 2,000 small companies — the average market capitalization of a firm on the Russell 2000 is $2.98 billion, as of Aug. 31. More significantly, investors think the Russell 2000 more accurately reflects the state of the U.S. economy. Financials comprise much of the index, Hickey said, which makes the Russell 2000 more sensitive toward higher interest rates. A canary the Russell 2000 might not be, but a cautionary tale it definitely is.

Persons: Michael M, Russell, Paul Hickey, Hickey, CNBC's Hakyung Kim Organizations: New York Stock Exchange, Santiago, Getty, CNBC, Dow Jones, Nasdaq, Apple, Investment Locations: New York City, U.S

☆ CNBC Daily Open: The Russell 2000 is flashing a warning
▼ + stars: | 2023-10-03 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

☆ Stocks making the biggest moves midday: SiriusXM, Cintas, United Natural Foods and more
▼ + stars: | 2023-09-26 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

A customer uses an ATM at a Wells Fargo Bank in San Bruno, California, on April 14, 2023. Cintas — Shares fell 5.3% after the company reported its 2024 fiscal first-quarter earnings. Cintas raised its full-year guidance but the lower end of its EPS and revenue predictions came in below analysts' estimates. United Natural Foods — Shares sank 27.4% Tuesday after United Natural Foods forecast earnings per share and adjusted EBITDA in the coming year below analysts' estimates, citing profitability headwinds. Shares of Wells Fargo and Goldman Sachs declined 2.2% and 1.5%, respectively, while Morgan Stanley and JPMorgan both lost about 1%.

Persons: Cintas, Pinterest, Goldman Sachs, Jamie Dimon, Morgan Stanley, CNBC's Hakyung Kim, Alex Harring, Brian Evans, Samantha Subin, Yun Li Organizations: Wells Fargo Bank, HSBC, United, Bank of America, JPMorgan, Goldman Sachs — Bank, JPMorgan Chase, Reserve, Wells, Goldman, Liberty Media, Barclays — U.S, Barclays, Federal Trade Commission, Amazon Locations: Wells Fargo, San Bruno , California

☆ Stocks making the biggest moves premarket: Oracle, AT&T, Best Buy and more
▼ + stars: | 2023-08-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Best Buy — Best Buy rose about 1.3% after topping Wall Street's fiscal second-quarter expectations on the top and bottom lines. Heico reported revenue of $723 million for the previous quarter, ahead of the $702 million expected by analysts polled by Refinitiv. Nio — Nio's stock lost more than 6% before the bell after the Chinese electric vehicle company reported a wider-than-expected quarterly loss. The company reported $2.21 in adjusted earnings per share, while analysts were looking for $2.02 per share, according to FactSet's StreetAccount. BYD — The Chinese automaker's U.S.-traded shares rose more than 2% Tuesday premarket, a day after it announced a 204.68% jump in net profit for the first half of 2023.

Persons: Safra Catz, PDD, Heico, FactSet's, BYD, CNBC's Hakyung Kim, Tanaya Macheel, Jesse Pound Organizations: Oracle Corporation, New York Stock Exchange, UBS, Oracle, Verizon —, Verizon, Citi, Refinitiv . Revenue, FactSet . Revenue, PDD Holdings —, Refinitiv, Toyota Motor —, Toyota Motor Locations: U.S, Japan

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