Check out the companies that make headlines before the bell. Tesla – Shares in the electric car maker rose about 5% after second quarter vehicle delivery was better than feared. According to FactSet, Tesla removed 384,000 vehicles a year ago, down 14% from a year ago, but analysts estimated 387,000 deliveries. This is the second straight quarter drop. JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs, Citigroup – Major bank stocks rose below 1% after they made plans to hike dividends after receiving stress test results from the Federal Reserve. JPMorgan has also announced a new stock buyback program. Rigetti Computing – After Cantor Fitzgerald began coverage of quantum computing company with an overweight rating, the stock has acquired nearly 2%, reaching its $15 price target, meaning an increase of over 30% since its closing on Tuesday. Analyst Troy Jensen said: “Quantum computing is in its early stages, but it’s one of the very highly coveted technical milestones and one of the important economic implications. Verint Systems – Customer Service Software Provider stock jumps 10% following a Bloomberg report. Centene – Managed Care Giant stock plummeted 30% after Centene withdrew its 2025 guidance. From data that accounts for 22 Centene’s 29 Marketplace states, the company said it expects a shortfall of approximately $2.75 per share in its adjusted revenues. Centene’s Medicaid business continues to weigh this business. CAVA – The stock has won 2% after Keevance launched the Mediterranean fast chain chain with an overweight rating. Analyst Christopher Khalil pointed out the lack of Cava’s direct competitor as a catalyst, saying that Cava could one day become a Mediterranean food chipotle. – Reported by CNBC’s Lisa Han, Sarah Minh and Michelle Fox.
