Check out the companies with the biggest pre-market moves: Nvidia — Shares of the artificial intelligence and infrastructure company rose more than 7% in pre-market trading after the company beat expectations in both areas in the second quarter and reported revenue more than doubling on Wednesday. NVIDIA’s adjusted earnings were $2.22 per share on revenue of $96.22 billion, compared to analysts’ consensus estimates of $2.10 per share and revenue of $92.17 billion, according to LSEG. The company expects third-quarter sales to rise to $108 billion, also better than expected. Dollar General — The discount retailer soared 12% after raising its full-year profit outlook. The company now expects earnings per share to be in the range of $7.80 to $8, up from the previous range of $7.20 to $7.45 per share. Dollar General also said it “intends to repurchase its own stock under its existing stock repurchase program during the second half of the fiscal year ending January 29, 2027.” HP — The PC maker fell nearly 11% even though its third-quarter earnings report beat the street. The full-year profit forecast also exceeded expectations. Wendy’s — The burger chain’s stock fell nearly 15% after Reuters reported that Nelson Peltz’s Trian Fund Management has no plans to buy the company due to concerns about its strategic direction. According to the Financial Times, Peltz was planning to make a bid to take the company private earlier this month. Salesforce — The software giant soared nearly 12% after reporting second-quarter earnings that beat analysts’ expectations. Adjusted earnings were $5.90 per share, beating LSEG’s estimate of $3.27 per share. Okta – Shares rose more than 19% on Wednesday after the company’s second-quarter results beat analysts’ expectations. Okta reported adjusted earnings of $1.05 per share for the quarter on revenue of $805 million. That beat the 97 cents a share and $795 million in revenue expected by analysts surveyed by LSEG. The company also raised its full-year profit and revenue outlook. CrowdStrike — Shares rose nearly 10% after the global cybersecurity company’s second-quarter results beat consensus for revenue and earnings per share. The full-year profit outlook also exceeded expectations. Everpure – The data management and storage company rose nearly 3% after Bank of America upgraded the company from neutral to acquire. Analysts cited multiple reasons for the increase, including confidence that forecast revisions will be positive and the company’s use of in-house hyperscalers to boost revenue. Abercrombie & Fitch — Shares fell 1.4% after Citi downgraded the company from buy to neutral, saying there wasn’t much upside left after the stock’s extraordinary rally. The apparel brand rose 35% earlier this week after beating expectations for the second quarter and raising its full-year outlook. —CNBC’s Scott Schnipper, Sean Conlon, Alex Harring and Davis Giangiulio contributed reporting
