Finance

Stocks making the biggest moves premarket: ASML, Texas Instruments, Starbucks, Qorvo & more

Check out the companies making the biggest moves in the premarket: ASML — U.S.-listed shares of the semiconductor equipment giant rose 4% after the company reported record orders and issued strong 2026 guidance due to the artificial intelligence boom. The company also announced a share buyback program worth 12 billion euros. Starbucks — The coffee chain traded 7% higher after it reported store traffic growth for the first time in two years . “Our Q1 results demonstrate our ‘Back to Starbucks’ strategy is working and we believe we’re ahead of schedule,” CEO Brian Niccol said in a statement. Texas Instruments — The chipmaker jumped more than 8% after issuing better-than-expected guidance for the first quarter. Texas Instruments now sees earnings per share of between $1.22 and $1.48, and revenue between $4.32 billion and $4.68 billion. Analysts expected earnings of $1.26 per share on $4.42 billion in revenue in the quarter, according to LSEG. Texas Instruments missed Wall Street’s fourth-quarter estimates for both earnings and revenue. Seagate Technology — The storage infrastructure stock slipped nearly 2% after despite posting strong fiscal second-quarter results. Seagate earned $3.11 per share after adjustments on revenue of $2.83 billion. Analysts polled by LSEG expected the company to earn $2.81 per share on revenue of $2.73 billion. Seagate had soared 30% in the past month before the latest earnings. Qorvo — The chipmaker plunged 10% after giving disappointing earnings guidance for its fiscal fourth quarter. Qorvo sees non-GAAP earnings per share around $1.20, while analysts polled by FactSet expected a forecast of $1.37 per share. F5 — The cloud computing and security company surged 13% after beating earnings and revenue expectations in its fiscal first quarter. F5 earned an adjusted $4.45 per share on revenue of $822 million, while analysts polled by LSEG estimated $3.65 per share per share on revenue of $758 million. Fiscal second quarter revenue guidance was far above the Street. Western Digital — Shares of the data storage company continued their 2026 surge in premarket trading, up more than 8%, as Seagate’s strong earnings led investors to jump into memory names. Western Digital is set to report earnings after the bell Thursday. AT & T — The telecom giant gained 3% after it reported fourth-quarter results and approved the repurchase of an additional $10 billion of common stock. Stride — The virtual education company surged more than 26% after a big earnings beat. Stride reported $2.50 in adjusted earnings per share and $631.3 million in revenue. Analysts polled by FactSet expected a profit of $2.01 per share and $627.9 million in revenue. Nextpower — The solar power technology platform jumped 12% after its fiscal third-quarter financial results beat Wall Street’s expectations and it raised its full-year guidance. Nextpower now expects adjusted earnings to come between $4.26 to $4.36 per share for the year, up from its prior guidance of $4.04 to $4.25 a share. It also boosted its full-year revenue guidance to a range of $3.425 billion to $3.5 billion from $3.275 billion to $3.475 billion. StandardAero — The airplane repair company fell more than 4% after it announced a 50 million share offering priced at $31. That’s 6.4% below Tuesday’s closing level. — CNBC’s Michelle Fox and Davis Giangiulio contributed reporting.

This article was originally published by a Cnbc.com. Read the Original article here. .

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