Before the bell rings, see which businesses are in the news.
Capital One Financial and Discover Financial Services — Following the announcement that its respective shareholders had approved Capital One’s acquisition of Discover, shares of Capital One Financial increased 1.6% and shares of Discover Financial Services fell 0.3%.
Toll Brothers. Following the homebuilder’s fiscal first-quarter results, which fell short of expectations, shares dropped more than 5% in the premarket.
Jefferies’ upgrade to buy from hold caused STMicroelectronics’ shares listed in the United States to rise 4.1%. Following the first quarter of 2025, Jefferies advised clients to anticipate a recovery in the company’s financials.
Bumble – Following the release of the online dating site’s poor first-quarter forecast, shares fell 16.8%.
Cadence Design Systems: After releasing dismal full-year expectations, the computer software company’s stock fell 3.3%.
Shares of the Netherlands-based health technology business Philips fell 11.2% on the U.S. stock exchange.
After Pershing Square’s Bill Ackman increased his takeover bid to establish what he views as a modern-day Howard Hughes, the real estate developer saw shares drop by almost 4% in premarket trading. In Berkshire Hathaway.
Despite exceeding analysts’ forecasts in its most recent quarter, Arista Networks’ shares fell 5%.
Etsy: The e-commerce company’s stock dropped more than 8% after its fourth-quarter earnings fell short of Wall Street’s forecasts.
SolarEdge Technologies – Following a fourth-quarter top-line beat, the renewable energy firm saw an 11% increase in value.
Nikola — Prior to trade being suspended, shares surged 5.9%. Following the failure of the once-favored electric vehicle manufacturer to find a buyer or raise more money, Nikola filed for Chapter 11 bankruptcy protection.
Source (CNBC)
