US PRE-MARKET MOVERS: DASH, EBAY, DE, OXY, CHWY, DELL, WMT, TAP, CVNA
SourceNewsquawk
SectionUS Equities
ES -0.1% NQ -0.3% RTY -0.2%
- Mag-7: MSFT +0.3% AMZN -0.2% NVDA -0.2% GOOGL -0.3% AAPL -0.5% META -0.5% TSLA -0.8%
- DASH +10%: Despite EPS, rev. light w/ outlook below exp., as investors appeared reassured by strong order growth & mgmts. confidence in investment strategy
- EBAY +9%: Top & bottom-line beat, issued strong next Q guidance & announced $1.2bln acquisition of Depop from ETSY +14%
- DE +5.5%: EPS, rev. surpassed exp. & raised FY net income
- OXY +4.5%: EPS beat & outlined cost savings, lower capital spending & improved FCF targets for ‘26
- CHWY +3.5%: Upgraded at Raymond James
- DELL +1.5%: Has been added to ‘Tactical Outperform List’ at Evercore
- WMT -3%: EPS, rev. beat, announces new $30bln share buyback & raises annual div. 5%; Weak next Q & FY profit outlook
- TAP -6%: Issued weaker-than-exp. outlook, warning of significant commodity inflation headwinds & forecasting a decline in earnings
- CVNA -12%: Adj. EBITDA light driven by soft margins