Dell, NetApp, AutoDesk rise premarket; Fisker, Plug Power fall

March 02, 2024 12:06 AM AEDT | By Investing
 Dell, NetApp, AutoDesk rise premarket; Fisker, Plug Power fall

Investing.com -- U.S. futures edged lower Friday, starting the new month on a cautious note after strong gains in February.

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

  • Dell (NYSE:DELL) stock jumped 24% after the tech giant reported fourth-quarter results that topped Wall Street as solid demand for its artificial intelligence-optimized servers offset weakness in personal computing.

  • Apple (NASDAQ:AAPL) stock fell 0.5% after Goldman Sachs (NYSE:GS) removed the tech giant from its “Conviction List - Directors' Cut,” the bank’s selection of top buy-rated stocks.

  • Fisker (NYSE:FSR) stock slumped 36% after the electric-vehicle startup flagged going-concern risks, saying it would cut its workforce by 15% and pause investments in future projects.

  • NetApp (NASDAQ:NTAP) stock rose 17% after the intelligent data infrastructure company reported solid growth and record profitability in its third quarter.

  • New York Community Bancorp (NYSE:NYCB) stock 24% after the embattled regional lender said it had found "material weaknesses" in company controls related to an internal loan review.

  • Plug Power (NASDAQ:PLUG) stock fell 10% after the hydrogen fuel cell system developer disclosed 2023 results that missed expectations but said it resolved the “going concern” issues.

  • Autodesk (NASDAQ:ADSK) stock rose 8.5% after the 3D design software maker delivered better-than-expected quarterly results and issued an encouraging sales outlook amid healthy demand from enterprise and entry-level customers.

  • Zscaler (NASDAQ:ZS) stock fell 6.8% despite the cloud security platform reporting better-than-expected results for the January quarter, with its guidance disappointing the market.

This article first appeared in Investing.com


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.