Check out the companies making the biggest moves premarket:
- WD-40 Company — Shares of the maker of household and industrial lubricants rallied more than 15% after it posted third-quarter earnings of $2.33 per share, on an adjusted basis, which topped the $1.56 earnings per share expected by analysts polled by FactSet.
- Delta Air Lines — The stock slipped more than 3% despite the company beating top- and bottom-line estimates in its second-quarter earnings report.
- Circle Internet Group — Shares rose more than 13% after the fintech company received approval from the U.S. Office of the Comptroller of the Currency to launch its crypto-focused bank.
- Vodafone Group — U.S.-listed shares of the telecommunications company jumped 13% after it was revealed French billionaire Xavier Niel took a 16% stake in the company.
- Netflix — The streaming platform edged higher after a report that the company has discussed adding live television channels to its offerings.
- Marvell Technology, Intel, Sandisk — Ahead of the debut of South Korean chipmaker SK Hynix on the Nasdaq, memory and chips stocks were broadly lower.
- Twilio, Shopify — The shares of both companies posted gains after Stifel upgraded the stocks to buy.
- Strategy, Coinbase — The crypto-exposed stocks both posted gains around 5% as bitcoin prices crossed $64,000.
- Meta — Shares of the hyperscaler gained 3.5%, continuing a rally driven by a report that the company is looking to put an AI chip into production.
