Stocks making the biggest moves premarket: JBHT, CRM, SCHW, HPE
Check out the companies making the biggest moves before the bell: J.B. Hunt Transport Services — The trucking and logistics company jumped more than 14% on strong quarterly results. In the third quarter, J.B. Hunt earned $1.76 per share on revenue of $3.05 billion. Analysts polled by LSEG expected earnings of $1.46 per share on revenue of $3.03 billion. Rival truckers Schneider National and Werner Enterprises rose between 2.5% and 3% each. Salesforce — The customer relationship software vendor climbed 6.1% after saying it expects revenue above $60 billion in 2030 . Analysts polled by LSEG had penciled in $58.37 billion. United Airlines — Shares fell 1% after the carrier posted $15.23 billion in third-quarter revenue, missing the LSEG consensus estimate of $15.33 billion. United earned an adjusted $2.78 per share, surpassing expectations for $2.62 a share. Taiwan Semiconductor — The chipmaker rose 2% after profits surged 39% . Revenue jumped 30% from the year-earlier period. CEO C.C. Wei noted that “recent developments in AI market continue to be very positive.” Sea Ltd — An upgrade to buy from neutral at Bank of America sent the tech conglomerate higher by nearly 4%. The investment bank said a recent sell-off may have been overblown and advised investors buy the dip. T-Mobile — Wells Fargo upgraded the wireless telecom provider to overweight from equal weight, citing an attractive valuation relative to rival AT & T . “TMUS can easily maintain its leadership position in postpaid subscriber growth in the years ahead,” the bank said. T-Mobile shares advanced about 1%. Arm Holdings , Meta Platforms — Arm shares rose more than 1% after it reached a multiyear deal with Meta to “scale AI efficiency across every layer of compute – spanning AI software and data center infrastructure – to enable richer user experiences.” Meta shares were up slightly. Micron Technology — The chipmaker rose more than 3% after UBS raised its price target, noting Micron will get a boost from a memory chip shortage . Charles Schwab — The broker and financial services provider climbed 4% after third-quarter adjusted earnings of $1.31 per share beat the LSEG consensus of $1.21 per share. Schwab’s $6.14 billion revenue also topped the estimated $6.01 billion. The bank saw total client assets increase 17% year over year, to a record $11.59 trillion. Travelers Companies — The insurance company, part of the Dow Jones Industrial Average, fell more than 5% on mixed third-quarter results. Core earnings per share of $8.14 beat an LSEG consensus of $6.35 per share, bit revenue of $11.47 billion missed a consensus analyst estimate of $11.81 billion. Hewlett Packard Enterprise — The server and supercomputer maker tumbled nearly 10% on underwhelming guidance for fiscal the fiscal year ending Oct. 31, 2026. HPE said adjusted earnings per share would come in between $2.20 and $2.40, compared with an analyst consensus estimate of $2.40, according to LSEG. HPE said revenue growth range between 5% and 10%, while analysts had anticipated 17%. — CNBC’s Alex Harring and Lisa Han contributed reporting.
