CrowdStrike, HPE, Intel rise premarket; Dollar Tree falls

June 05, 2024 09:48 PM AEST | By Investing

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CrowdStrike, HPE, Intel rise premarket; Dollar Tree falls

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Investing.com -- U.S. stock futures edged higher Wednesday ahead of the release of the monthly U.S. ADP (NASDAQ:ADP) private payrolls release, ahead of Friday’s key nonfarm payrolls release.

Here are some of the biggest premarket U.S. stock movers today:

Hewlett Packard Enterprise (NYSE:HPE) surged 15% after the software consultancy reported strong quarterly earnings and presented an optimistic outlook on the back of artificial intelligence demand.
CrowdStrike (NASDAQ:CRWD) rose 11% after the cybersecurity firm raised its annual guidance following stronger-than-expected quarterly earnings.
Dollar Tree (NASDAQ:DLTR) stock fell 1.9% after a report that the discount retailer plans to explore options that include a potential sale or spin-off of Family Dollar.
Intel (NASDAQ:INTC) stock gained 0.9% after buyout firm Apollo Global Management (NYSE:APO) agreed to purchase a 49% equity interest for $11 billion in a joint venture related to the chipmaker's Ireland manufacturing unit.
Spirit AeroSystems (NYSE:SPR) stock fell 1.1% after the aerospace supplier said Mark Suchinski is stepping down as Chief Financial Officer.
WalkMe (NASDAQ:WKME) stock soared over 40% after the German enterprise software company SAP said Wednesday it has agreed to acquire the parent of the travel and expense management platform Concur, in an all-cash deal valued at about $1.5 billion.
Deere & Company (NYSE:DE) stock rose 0.4% after the agriculture machinery manufacturer said it would cut an unspecified number of production and salaried jobs to save costs as it grapples with a downturn in farm equipment demand.
Hibbett Sports (NASDAQ:HIBB) stock fell 1.5% after the sporting good retailer reported that quarterly sales came in below estimates.

This article first appeared in Investing.com

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