Check out the companies making the biggest moves in pre-market trading: PepsiCo — Snack and beverage giant PepsiCo reported first-quarter results that beat analysts’ expectations, sending its stock up 1%. PepsiCo had adjusted earnings of $1.61 per share on revenue of $19.44 billion. Analyst estimates compiled by LSEG were for sales of $18.94 billion and earnings per share of $1.55. Taiwan Semiconductor Manufacturing Co. — The chipmaker fell 1.7% despite posting better first-quarter profits and sales. PPG Industries — The paint and coatings manufacturer rose 6% after announcing global price increases of up to 20% across its portfolio. The company said price increases are already underway. PPG cited fluctuations in petrochemical, energy and transportation markets as driving up the cost of raw materials and packaging across the value chain as a catalyst for these price increases. Voyager Technologies — The space technology company soared 7% after NASA selected it for the seventh commercial astronaut mission to the International Space Station. SL Green Realty — Shares fell 2% after the real estate investment trust reported first-quarter funds from management of 84 cents per share (compared to $1.40 per share this time last year). However, net rental income was approximately $166 million, higher than the $144.5 million the company reported in the first quarter of 2025. Travelers Companies — Shares fell 1.5% even though the company beat earnings and revenue in its first-quarter report. The insurer reported earnings of $7.71 a share and revenue of $11.92 billion, beating expectations for earnings of $7.07 a share and revenue of $10.72 billion, according to analysts surveyed by FactSet. JB Hunt Transport Services — Transportation shares rose 1% after the company reported first-quarter earnings of $1.49 per share, beating the FactSet consensus estimate of $1.44 per share. JB Hunt’s operating revenue also came in at $3.06 billion, exceeding expectations of $2.96 billion. Charles Schwab — The brokerage and financial services provider’s first-quarter revenue was $6.48 billion, missing LSEG’s consensus estimate of 6.5 billion, and its stock price fell 1%. However, Schwab’s adjusted earnings beat expectations. Flutter Entertainment — the parent company of online gambling platform FanDuel — fell about 3% after being downgraded from buy to sell by Citi. The company said it was less confident in Flutter’s growth prospects at USUS Bancorp, which sent the regional bank down 1%. US Bancorp reported first-quarter profits that beat analysts’ expectations, but net interest income and net interest margin fell short. The company’s net interest income came in at $4.26 billion, compared to $4.27 billion expected by analysts polled by FactSet. —CNBC’s Lisa Kailai Han, Davis Giangiulio and Fred Imbert contributed reporting.
