U.S. markets closed
  • S&P 500

    4,140.06
    -5.13 (-0.12%)
     
  • Dow 30

    32,832.54
    +29.07 (+0.09%)
     
  • Nasdaq

    12,644.46
    -13.10 (-0.10%)
     
  • Russell 2000

    1,941.21
    +19.38 (+1.01%)
     
  • Crude Oil

    90.33
    +1.32 (+1.48%)
     
  • Gold

    1,805.10
    +13.90 (+0.78%)
     
  • Silver

    20.66
    +0.81 (+4.10%)
     
  • EUR/USD

    1.0198
    +0.0010 (+0.10%)
     
  • 10-Yr Bond

    2.7650
    -0.0750 (-2.64%)
     
  • GBP/USD

    1.2080
    +0.0010 (+0.08%)
     
  • USD/JPY

    135.0050
    +0.0350 (+0.03%)
     
  • BTC-USD

    23,970.69
    +732.40 (+3.15%)
     
  • CMC Crypto 200

    559.83
    +16.96 (+3.12%)
     
  • FTSE 100

    7,482.37
    +42.63 (+0.57%)
     
  • Nikkei 225

    28,249.24
    +73.37 (+0.26%)
     

Macy's, Twitter, Dollar General Rise Premarket; Nvidia, Apple Fall

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Thursday, May 26th. Please refresh for updates.

Nvidia (NASDAQ:NVDA) stock fell 4.2% after the chipmaker warned that it lost $500 million in sales in China and Russia in the current quarter as gaming demand slowed.

Snowflake (NYSE:SNOW) stock fell over 13% after the data analytics software maker issued disappointing guidance for the current quarter, expecting its adjusted operating margin to be negative.

Apple (NASDAQ:AAPL) stock fell 1.2% after Bloomberg reported that the company expects not to increase production of its iPhones this year, as lockdowns in China have disrupted its business.

Twitter (NYSE:TWTR) stock rose 5.7% after a filing showed that billionaire Elon Musk lifted his personal commitment in buying the social messaging network by $6.25 billion to $33.5 billion and was also in talks with shareholders for additional financing commitments to fund the deal.

Macy’s (NYSE:M) stock soared 14.2% after the department store raised its full-year profit forecast, helped by strong demand for apparel from consumers returning to work and social events.

VMware (NYSE:VMW) stock rose 1.5% after Broadcom (NASDAQ:AVGO), down 1.8%, said it will buy the cloud service provider in a $61 billion cash-and-stock deal to further diversify the chipmaker's business into enterprise software.

Dollar General (NYSE:DG) stock rose 11% after the discount store operator raised its sales forecast for the year, as more Americans sought out bargains with inflation soaring.

Alibaba (NYSE:BABA) ADRs rose 4.4% after the Chinese e-commerce giant beat market expectations for fourth quarter revenue, helped by demand for its ecommerce and cloud services as lockdowns in the country's biggest cities prompted more remote work.

Williams-Sonoma (NYSE:WSM) stock rose 9.1% after the home furnishing retailer reported strong first quarter results, with high net worth customers still spending despite inflationary pressures.

Southwest Airlines (NYSE:LUV) stock rose 2% after the carrier raised its second-quarter operating revenue forecast, as travel demand rebounds strongly from pandemic lows.

Dollar Tree (NASDAQ:DLTR) stock rose over 15% after the discount retailer increased its sales forecast for the year as customers looked for cheaper options as record-high inflation depleted their spending power.

Related Articles

Macy's, Twitter, Dollar General Rise Premarket; Nvidia, Apple Fall

S&P 500, Dow open higher on earnings optimism

U.S. Stocks Open Higher, on Track for a Weekly Gain