Stocks making the biggest moves premarket: Macy’s, BJ’s Wholesale, Kohl’s and others

Stocks making the biggest moves premarket: Macy’s, BJ’s Wholesale, Kohl’s and others


News Update – Pre-Markets

Check out the companies making headlines before the bell:

Macy’s (M) – Macy’s stock leaped 9.6% in the premarket after the retailer reported better-than-expected profit and revenue. Same-store sales fell less than expected and the company also raised its earnings outlook.

related investing news

Nvidia's results suggest its gaming business is close to a bottom, analysts say

CNBC Pro
Nvidia’s results suggest its gaming business is close to a bottom, analysts say

BJ’s Wholesale (BJ) – BJ’s added 2.4% in premarket trading after beating analyst forecasts on both the top and bottom lines for its latest quarter. The warehouse retailer also reported better-than-expected comparable store sales and raised its full-year forecast.

Kohl’s (KSS) – Kohl’s slid 3.8% in premarket action after it withdrew its financial forecast, citing various uncertainties including macroeconomic conditions and the departure of CEO Michelle Gass.

Alibaba (BABA) – The China-based e-commerce giant reported better-than-expected earnings but revenue fell short of analyst forecasts. The company also increased its share buyback program. Alibaba fell 1.8% in the premarket.

Nvidia (NVDA) – Nvidia rose 1.2% in the premarket following better-than-expected revenue for the third quarter and a number of analysts predicting a rebound in the spring of 2023. The company also missed bottom-line estimates for its latest quarter and issued a tepid sales forecast as demand for its video gaming chips wanes.

Cisco Systems (CSCO) – Cisco rallied 4.5% in off-hours trading after the networking equipment and software company reported better-than-expected quarterly results and issued an upbeat forecast. Cisco also said it would implement a “limited business restructuring.”

Bath & Body Works (BBWI) – Bath & Body Works shares surged 21.9% in the premarket after the personal goods retailer raised its full-year earnings forecast. CEO Sarah Nash said the company is pleased with its holiday season product assortment and it is focused on inventory and expense management.

Sonos (SONO) – Sonos jumped 3.3% in premarket action after the high-end speaker maker’s sales for the latest quarter exceeded analyst forecasts. Sonos also said supply chain issues have eased and it has sufficient inventory for the holiday shopping season.

Norwegian Cruise Line (NCLH) – The cruise line operator’s stock slid 5% in premarket trading after a double-downgrade from Credit Suisse to underperform from outperform, with the firm citing a number of factors including valuation.



Source

CBS canceling Colbert begs the question: Are more late night shows next?
Business

CBS canceling Colbert begs the question: Are more late night shows next?

A marquee featuring “The Late Show with Stephen Colbert” is seen outside the Ed Sullivan Theater, where Colbert’s show is produced, in New York City on July 18, 2025. Angela Weiss | AFP | Getty Images There are two schools of thought around CBS’ decision to end “The Late Show with Stephen Colbert.” The first […]

Read More
NFL will fine more than 100 players for reselling Super Bowl tickets at a profit
Business

NFL will fine more than 100 players for reselling Super Bowl tickets at a profit

A detail shot of the Lombardi Trophy next to Kansas City Chiefs and Philadelphia Eagles helmets prior to a news conference on February 03, 2025 in New Orleans, Louisiana ahead of the NFL Super Bowl LIX football game between the Philadelphia Eagles and the Kansas City Chiefs. Kevin Sabitus | Getty Images Sport | Getty […]

Read More
Auction sales fall 6% in the first half, raising fears of an art market shift
Business

Auction sales fall 6% in the first half, raising fears of an art market shift

Ups and Downs by KAWS, estimated£30000-£50000, on display during a preview at the Phillips showroom in central London, ahead of their forthcoming Evening and Day Editions auction. Picture date: Friday January 17, 2025. (Photo by Ian West/PA Images via Getty Images) Ian West – Pa Images | Pa Images | Getty Images A version of […]

Read More