Check out some of the top engines on the premarket:
Goldman Sachs ( GS ): Goldman gained 2.6% in premarket trading after upbeat earnings and revenue. Second-quarter earnings were $7.73 per share, compared with a consensus estimate of $6.58 per share. Goldman’s profits fell from a year ago, however, as the pace of trading slowed.
Synchrony Financial ( SYF ) — Shares of the financial services company rose 3.5% in premarket trading after it reported better-than-expected second-quarter profit and revenue. The synchronicity pointed to optimistic loan growth and credit trends, and consumers remain strong.
Coinbase (COIN): Coinbase rose 6.5% in pre-market action, with the cryptocurrency exchange operator’s stock one of several crypto-related stocks that rose after the value of bitcoin and ether rose in overnight trading.
Bank of America (BAC) – Bank of America missed estimates by 2 cents with quarterly earnings of 73 cents per share, although revenue was slightly above Wall Street forecasts. Bank of America’s results were hit by a sharp drop in investment banking revenue. Shares initially fell 1.7% in premarket but later pared those losses.
Twitter (TWTR) – Elon Musk filed a court motion late Friday to deny Twitter’s request for a speedy trial over its decision to terminate its $44 billion acquisition deal.
Boeing (BA) – Boeing announced that Delta Air Lines (DAL) had ordered 100 Boeing 737 Max planes, and also said the company was very close to resuming deliveries of its 787 Dreamliner. Boeing rose 4.2% in premarket trading.
Seagen ( SGEN ) — The closing of Merck’s ( MRK ) $40 billion deal to buy Seagen will be delayed, according to people familiar with the matter who spoke to The Wall Street Journal. The delay comes from waiting for data evaluating a study of a Seagen treatment. Shares fell 2.9% in premarket trading.
Starbucks (SBUX) – Starbucks rose 1.% in premarket after the Sunday Times reported that the coffee chain is exploring a possible sale of its UK operations.
GlaxoSmithKline (GSK): The company formerly known as GlaxoSmithKline completed the spin-off of its consumer health business into a separate company known as Haleon, which contains well-known brands such as Advil and Sensodyne. GSK fell 1.3% in premarket.
Paramount Global (PARA) – The media company’s shares lost 1.8% in premarket trading after Morgan Stanley downgraded them to “underweight” from “equal weight,” pointing to the possibility that the advertisers and consumers withdraw in a recessionary scenario.
Fresh Del Monte Produce ( FDP ) — Shares of the fruit and vegetable company rose 2.8% in premarket trading after Bloomberg reported that private equity firm I Squared Capital is considering a takeover , as an option to extend a collaboration agreement concluded in 2021.
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