Check out the companies making headlines ahead of time:
Home Depot (HD) – Home Depot reported quarterly profit of $5.05 a share, beating estimates by 11 cents, with revenue and comparable store sales topping Street forecasts. However, the number of customer transactions declined during the quarter. Home Depot swung between gains and losses in premarket trading.
Walmart (WMT) – Walmart rallied 3.4% in premarket trading after reporting better-than-expected top- and bottom-line results for the second quarter. Comparable store sales also beat estimates, and Walmart projects adjusted earnings will be slightly lower this year than previously thought.
fields (MASI) – Massimo gained 2.3% in pre-market action after activist investor Politon Capital Management took a 9% stake in the medical technology company. Bolitan Massimo plans to take steps to improve its share price.
Phillips (PHG) – Philips shares rose 2.6% after the Dutch health technology company announced on October 15 that he will leave the job. He will be replaced by Roy Jacobs, who currently heads the company’s Connected Care unit. .
BHP (BHP) – BHP shares rose 3% in pre-market action after the world’s biggest miner posted its highest annual profit in 11 years. BHP’s results were boosted by higher prices for coal and other commodities.
Partner Funding (ALLY) – Ally Financial gained 5.5% in premarket trading after Berkshire Hathaway’s latest 13F filings showed Warren Buffett’s company tripled its stake in the online banking company in the second quarter.
Now holdings (NU) – Shares of Nu Holdings jumped 13.5% in premarket trading after the Warren Buffett-backed digital banking firm doubled quarterly revenue from a year earlier.
ThreadUp (TDUP) – ThredUp gained 3.3% in premarket trading after the online clothing resale platform posted better-than-expected quarterly revenue and a 29% increase in active buyers.
ZipRecruiter (ZIP) – An online employment website operator posted second-quarter results that were better than expected on continued labor market growth. However, as the quarter ended, the stock fell 6.2% after the company said employers had started to pull back on job offers.