Check out the companies that make headlines before the bell. NVIDIA – The manufacturer of the graphics processing unit popped 6% after its first quarter adjusted revenue exceeded 96 cents per share, surpassing the 93 cent analysts voted by LSEG. Nvidia’s $440.6 billion revenue also beat its $433.1 billion forecast. The other Chipstock gathered in sympathy. Marvell Technology’s stocks skyrocketed by 5%. Broadcom and Advanced Micro Devices added 3% each, while Intel and Taiwan semiconductor manufacturers added 1%. BEST BUY – E-retailers slid 2% after reducing full-year guidance for sales per share and adjusted revenue. Best Buy’s CFO said the decline in the outlook was due to tariffs, and the company also missed out on quarterly revenue expectations. Tariff Exposed Stocks – Stocks that have been heavily exposed to tariffs have progressed after the US International Trade Court on Wednesday blocked President Donald Trump’s mutual tariffs and ordered the administration to halt their collection. Nike and Deckers’ outdoor stakes were 2%, while Lululemon Athletica and Dollar Tree added 1%. C3.AI – Enterprise Artificial Intelligence Company surged 14% with a narrower than expected fourth quarter loss at a 16-cent loss per share. Revenue of $108.7 million exceeded the expected $107.8 million. VEEVA Systems – Cloud computing companies have increased 14% after adjusting revenue of $1.97 per share to the first quarter, earnings of $759 million surpassed the $1.74 and $728.4 million analysts voted by FactSet. ELF Beauty – Beauty Stock withdrew its full-year outlook due to tariff uncertainty, despite analyst estimates of 9% in fourth quarter revenue and revenue. The Elf will also acquire Haley Bieber’s beauty brand Lorde in a deal worth up to $1 billion. Other cosmetics and skincare stocks rose tandem, while Estee Lauder and Coty shares rose 2%. Ulta Beauty has added 1%. Agilent Technologies – Life Sciences SolutieQuipment Maker added 6% of second quarter revenue and net income, plus analyst estimates. Agilent also increased its annual revenue guidance from $6.668 billion to $6.68 billion to $6.73 billion. According to FactSet, the consensus among analysts was $6.73 billion. Salesforce – The customer relationship management software maker’s shares rose slightly as investors welcomed the positive fiscal first quarter results and guidance. Earlier this week, Salesforce agreed to pay $8 billion to data management software maker Informatica since purchasing Slack in 2021. Through the partnership, United Airlines returned to John F. Kennedy International Airport in New York and left in 2015. HP – Partner computer makers fell 10% after second quarter revenues missed analysts’ expectations. HP has derived adjusted earnings of 68 cents to 80 cents per share for the current quarter, according to LSEG. Sentinelone – Shares fell 13% after the cybersecurity company said its second quarter revenue totaled around $242 million and that $242 million would reach $242 million, according to Factset. Sentinelone’s full-year revenue guidance between $996 million and $10.01 billion also missed a consensus estimate of $10.1 billion. Southwest Airlines – Shares rose 2% after Deutsche Bank upgraded its carrier to buy from Hold. As a catalyst, analyst Michael Linenberg pointed to Southwest’s refreshed board of directors and current strategic initiatives that should promote revenue and improve the company’s profits on investment capital. Cleveland-Cliffs – Steelmakers little has changed their holdings from Buy following a downgrade from Jefferies after sliding 7% on Wednesday. Analyst Christopher Rafemina said the acquisition of Nippon Steel’s US steel would hurt other major US producers. Synopsys – Shares rose 4% after federal courts blocked President Donald Trump’s mutual tariffs. Chip stocks have been falling earlier after a Financial Times report said the White House told us to stop selling to customers to Chinese customers. Burlington Stores – Department store chains rose 7% after $1.67 per share, an estimate of $1.67 for former items, top analysts, and $1.67 for $1.67, according to FactSet. Burlington’s revenue was below $2.53 billion. The analysts had $2.53 billion in pencil. The shares rose 6% after Kohl’s stock retailer lost 13 cents per share in the first quarter. The company’s $3.05 billion revenue is estimated based on an estimate of $3.02 billion. – CNBC’s Yunlee, Salamine and Jesse Pound contributed the report.
