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Stocks - Texas Instruments, Apple, American Airlines Gain in Premarket

Investing.com - Stocks in focus in premarket trade Thursday:

• Texas Instruments (NASDAQ:TXN) stock rose 2.02% by 8:10 AM ET (13:10 GMT) as the company reported quarterly profit that topped analysts’ estimates although its current-quarter guidance was below consensus.

• Southwest Airlines (NYSE:LUV) stock jumped 5.06% as the company reported better-than-expected quarterly earnings and provided an upbeat full-year outlook.

• Apple (NASDAQ:AAPL) stock gained 0.42% amid a CNBC report that the company dismissed more than 200 employees from its autonomous vehicle group.

• STMicroelectronics (NYSE:STM) stock soared 9.15% after fourth-quarter results beat estimates on the top and bottom lines.

• Citrix Systems (NASDAQ:CTXS) stock sank 6.18% after weaker-than-expected guidance for both revenue and earnings.

• Microsoft (NASDAQ:MSFT) stock inched up 0.15% despite news that the company’s Bing search engine was shut down in China.

• Union Pacific (NYSE:UNP) stock traded up 3.09% after the company registered record earnings that topped consensus.

• Ford (NYSE:F) stock was little changed after the company reported adjusted earnings per share for the fourth quarter that were in line with the updated forecast its executives provided just last week.

• Xilinx (NASDAQ:XLNX) stock skyrocketed 10.05% after quarterly results and outlook beat analysts' expectations.

• Lam Research (NASDAQ:LRCX) stock jumped 6.37% after better-than-expected quarterly results and the company announced a $5 billion stock buyback authorization.

• Las Vegas Sands (NYSE:LVS) stock slumped 3.44% after reporting disappointing quarterly profit and revenue numbers.

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