Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting Club
PRO
LivestreamMenuCheck out the companies making headlines before the bell: Novartis — Shares jumped 4% after the Swiss pharmaceutical company posted second-quarter core earnings and revenue that exceeded expectations, adding that it “remains on track” to deliver on its full-year guidance and midterm outlook. Core earnings of $2.41 per share topped the StreetAccount consensus of $2.15 per share Revenue of $14.41 billion beat the $13.95 billion forecast. General Motors — The company earned an adjusted $3.57 per share on revenue of $48.03 billion. Analysts polled by LSEG expected a profit of $3.20 per share on revenue of $47.01 billion. Shares gained more than 1% on the back of the results. Domino’s Pizza — Shares of the pizza chain dropped 1% after Domino’s Pizza posted second-quarter earnings of $4.07 per share, which missed the LSEG consensus estimate of $4.17 per share. Revenue of $1.19 billion, on the other hand, slightly beat the expected $1.18 billion. Nebius Group — The AI cloud company rallied 6% after Nvidia disclosed a 9.3% stake in the Amsterdam-based company, which has turned into one of Europe’s leading neoclouds providing AI compute. MMM — The stock jumped more than 5% after the American conglomerate behind Scotch tape and Post-it notes posted second quarter earnings and revenue that beat expectations, and raised its full-year guidance. Taiwan Semiconductor Manufacturing — Shares popped more than 3% after Nikkei Asia, citing sources, reported the foundry will raise prices for chipmaking services by up to 10% next year. Crown Holdings — Shares of the supplier of beverage and industrial packaging climbed more than 2% after the company posted a beat on the top and bottom lines in its second quarter. Crown posted earnings of $2.49 per share, excluding items, on revenue of $3.67 billion. Analysts polled by FactSet were anticipating earnings of $2.16 per share on revenue of $3.37 billion. Steel Dynamics — The steel producer dipped 1% even after the company’s latest earnings beat on the top and bottom lines. However, the company posted an additional non-cash impairment charge of $16 million. Cracker Barrel Old Country Store — The restaurant chain gained more than 1% after the company said it expects to “achieve or exceed the high end” of its revenue range and “exceed its adjusted EBITDA outlook” for fiscal 2026, which ends July 31.
About The Author
