Stocks making the biggest moves premarket: Intel, Amazon, Reddit, Chevron & more

These are the stocks posting the largest moves premarket.

Skip NavigationJoin ICJoin ProLivestreamMenuCheck out the companies making the biggest moves premarket: Intel —Shares tumbled 23% after the chipmaker issued weaker-than-expected guidance for the fourth quarter . The company sees fourth-quarter earnings per share of 25 cents on revenue ranging between $15 billion and $16 billion. That’s below LSEG estimates of 43 cents in earnings per share and revenue of $17.1 billion. Rivian Automotive — The electric vehicle maker jumped over 8% after it reported better-than-expected third-quarter results. Rivian lost an adjusted 48 cents per share on revenue of $2.16 billion. Analysts polled by LSEG expected a loss of 62 cents per share on revenue of $1.99 billion. The company also increased its guidance on deliveries . Amazon —Shares slipped nearly 6% in the premarket after the e-commerce giant reported third-quarter results that missed analyst expectations. The company also posted negative free cash flow of $42.4 billion . Reddit — The company announced it will require users create official accounts to access its social media platform and issued weaker-than-expected revenue guidance for the fourth quarter. Shares tumbled 21%. Crypto-related stocks — Bitcoin, Coinbase and Robinhood stocks shed over 4% following one of the largest crypto hacks ever on Thursday when Binance reported an estimated $6.3 billion was impacted. The company also estimates roughly $3 billion in cryptocurrency assets were frozen. Chevron — The energy company gained 1.4% after reporting its net income surged nearly 200% to $9.9 billion in the third quarter. Chevron also posted better-than-expected revenue for the period. Exxon Mobil — Shares gained more than 1.4% after the oil giant’s profits doubled to $15.4 billion from $7.5 billion in the year-earlier period. AstraZeneca — Shares for the biopharmaceutical company jumped over 5% following better-than-expected third-quarter earnings. The company reported core earnings of $2.79 per share on revenue of $16.21 billion. Analysts expected a profit of $2.60 per share on revenue of $16.05 billion.

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