Stocks making the biggest moves premarket: FOX, AAPL, NBIUS, DELL
Check out the companies making headlines before the bell: Fox Corp. — The media empire fell about 5% following the announcement that the Murdoch family resolved its succession battle, with Lachlan Murdoch winning control of the company. Apple — The iPhone maker dipped 0.4% ahead of the annual Apple event later today, at which several new products are set to be announced. Nebius Group N.V. — The Dutch-based provider of infrastructure and services to AI builders soared 50% after Nebius agreed to deliver AI infrastructure to Microsoft. Dell Technologies — Shares eased about 1% after Dell Technologies Chief Financial Officer Yvonne McGill will resign, effective Tuesday. David Kennedy, currently senior vice president of global business operations, finance, was named interim CFO. Brighthouse Financial — The insurance stock popped 11% after the Financial Times reported that private capital group Aquarian Holdings was in advanced talks with two Middle Eastern investors to finance its acquisition of Brighthouse . Aquarian is seeking to raise more than $3 billion in equity backing to acquire Brighthouse at a significant premium compared to its current stock price, the FT said, citing two people briefed on the matter. Mission Produce — The avocado and mango supplier was about 1% higher after third-quarter earnings topped estimates. Mission earned 26 cents per share, excluding one-time items, on revenue of $357.7 million. Analysts polled by FactSet forecast earnings per share of 15 cents on revenue of $320.3 million. Casey’s General Stores — The Midwestern convenience store chain fell more than 1% after first-quarter results topped Wall Street estimates. Earnings of $5.77 per share topped the FactSet consensus forecast of $5.02m while revenue of $4.57 billion exceeded an estimated $4.46 billion. The stock had already run up 19% in the past three months and 31% in the past six. Dick’s Sporting Goods — The retailer added nearly 1.8% on the heels of Citigroup’s upgrade to buy from neutral. Citi said Dick’s will be a “powerful force” in athletic retail following its acquisition of Foot Locker. — CNBC’s Michelle Fox, Lisa Han and Alex Harring contributed reporting