Check out the companies making headlines before the bell: Novartis — Shares jumped 4% after the Swiss pharmaceutical company posted second-quarter core earnings and revenue that exceeded expectations, adding that it „remains on track“ to deliver on its full-year guidance and midterm outlook. Core earnings of $2.41 per share topped the StreetAccount consensus of $2.15 per share Revenue of $14.41 billion beat the $13.95 billion forecast. General Motors — The company earned an adjusted $3.57 per share on revenue of $48.03 billion. Analysts polled by LSEG expected a profit of $3.20 per share on revenue of $47.01 billion. Shares gained more than 1% on the back of the results. Domino’s Pizza — Shares of the pizza chain dropped 1% after Domino’s Pizza posted second-quarter earnings of $4.07 per share, which missed the LSEG consensus estimate of $4.17 per share. Revenue of $1.19 billion, on the other hand, slightly beat the expected $1.18 billion. Nebius Group — The AI cloud company rallied 6% after Nvidia disclosed a 9.3% stake in the Amsterdam-based company, which has turned into one of Europe’s leading neoclouds providing AI compute. MMM — The stock jumped more than 5% after the American conglomerate behind Scotch tape and Post-it notes posted second quarter earnings and revenue that beat expectations, and raised its full-year guidance.
Stocks making the biggest moves premarket: GM, MMM, NVS, NBIS
