Stocks that are making the biggest moves pre-market: Robinhood, Amazon, Apple, Roku and more

 






Apple - After a 2% drop in Apple's stock price, CFO Luka Mystery said supply chain problems would hurt third-quarter sales of up to $ 8 billion. Nevertheless, many analysts on Wall Street remained positive after the company's recent earnings report, which was above expectations. Any weakness in the stock is an opportunity to buy, said one analyst.


Amazon - Shares fell more than 9% after revealing lower-than-expected earnings guidance from Amazon for the second quarter. The tech giant also posted a loss of 7. 7.6 billion on its investment in Raven, which lost more than half of its value in the quarter.


Roku - Roku shares rose more than 4% after digital media player manufacturer reported higher-than-expected sales in its most recent quarter on Thursday. Roku posted revenue of $ 733.7 million. Analysts polled by Refinitiv were expecting 718 million.


Intel - Shares fell more than 3% after Intel issued weak financial guidance for its second quarter, beating strong-than-expected earnings for the previous quarter.


ROBIN HOOD - Retail brokerage stocks fell nearly 10% after the first quarter report, which showed a decline in revenue and monthly active customers. When the market fell, the company saw its customers with smaller accounts trading less, said CEO Vlad Tenev.


Alibaba, Pinduoduo, Baidu - Chinese technology stocks rose after policymakers in the country signaled a softening of crackdown on tech companies. Alibaba added more than 10%, Pinduoduo added 15% and Baidu added more than 8%.


Bristol-Myers Squibb - Biopharmaceutical stock fell 1.5%, above expectations, despite earnings reports. On Friday, Bristol-Myers Squibb revealed that it earned $ 1.96 per share on revenue of 11. 11.65 billion. The company was forecast to earn $ 1.91 per share on revenue of  11.36 billion, according to Refinitive.


Honeywell International - Shares rose 2% as Honeywell reported higher-than-expected earnings. Honeywell posted earnings of $ 1.91 per share on earnings of $ 8.38 billion. Meanwhile, analysts surveyed by Refinitiv had forecast earnings of $ 1.86 per share for 8.29 billion.


Chevron - Shares fell 1% after Chevron posted better-than-expected results for the previous quarter. Chevron posted earnings of $ 3.36 per share at $ 54.37 billion. Analysts polled by Refinitiv were expecting earnings of $ 3.27 per share at 47.94 billion.


Exxon Mobil - Exxon Mobil's stock price fell 1% after the oil and gas company reported lower-than-expected quarterly results. The energy company earned 2.07 per share, down Ref 2.12 per share from Refinitiv's estimate. Exxon Mobil reported revenue of $ 90.5 billion, compared to the $ 92.7 billion Refinitiv forecast.
















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