Check out the companies making the biggest moves in premarket trading: Procter & Gamble — The consumer products company fell nearly 1.5% after fiscal second-quarter sales fell short of expectations. Procter & Gamble reported sales of $22.21 billion, below the $22.28 billion expected by analysts polled by LSEG. However, earnings per share of $1.88 beat the consensus estimate of $1.86 per share. McCormick — The spice maker fell 6% after disappointing fourth-quarter results. McCormick’s adjusted earnings per share were 86 cents, below the 88 cents expected by analysts polled by FactSet. Revenue came in at $1.85 billion, slightly above the consensus estimate of $1.84 billion. Mobileye Global — Shares fell nearly 6% after the self-driving car technology maker’s full-year earnings forecast disappointed investors. Mobileye expects revenue to be between $1.9 billion and $1.98 billion, compared to FactSet’s consensus estimate of $2 billion. Adjusted operating profit is expected to be between $170 million and $220 million, lower than analysts’ expectations of $306 million. The company’s fourth-quarter sales exceeded expectations, and adjusted earnings per share of 6 cents met expectations. GameStop — CEO and Chairman Ryan Cohen bought 500,000 shares of the video game retailer on Wednesday at a price of $21.60 per share, sending the stock up 3%. This is in addition to the 500,000 share purchase he made on Tuesday. Venture Global — Shares soared nearly 10% after the U.S. natural gas exporter won a legal battle with Repsol on Wednesday. The Spanish company claimed that Venture initially failed to supply liquefied natural gas from the Calcasieu Pass project in accordance with the companies’ 20-year contract. Datadog — The cloud software company rose nearly 3% after Stifel upgraded the stock from a hold rating to a buy rating. The company expects Datadog to post strong growth in the fourth quarter and once again exceed expectations. Datadog soared more than 5% on Wednesday after numerous analysts reiterated buy or outperform ratings on the company, even though the stock is down more than 9% so far in 2026. Huntington Bancshares — The Columbus, Ohio-based super regional bank fell more than 2% after fourth-quarter GAAP earnings per share fell to 30 cents from 34 cents a year earlier. Net interest margin was 3.13%, below the consensus estimate of 3.15%, according to FactSet data. Abbott Laboratories — The maker of blood glucose monitoring systems and other medical devices fell nearly 6% after its fourth-quarter revenue and first-quarter earnings per share outlook both fell short of Wall Street expectations, according to FactSet data. Alibaba — The Chinese tech company’s U.S.-listed shares soared nearly 4% after the Bloomberg report. Alibaba is planning an initial public offering for its artificial intelligence chip manufacturing unit, T-Head. Intel — The chipmaker rose 1% ahead of its expected fourth-quarter earnings report after the bell. Analysts surveyed by StreetAccount expected revenue of $13.42 billion and earnings of 8 cents per share. Chip Stocks — Chip stocks also rose ahead of the rally. Microchip Technology, STMicroelectronics and On Semiconductor all rose more than 2%, Teradyne rose 1.7% and Advanced Micro Devices rose 1.6%. —CNBC’s Liz Napolitano, Davis Giangiulio and Scott Schnipper contributed reporting.
