Stocks – Boeing Soars in Pre-market, AT&T, Texas Instruments Tumble

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Stocks - Boeing Soars in Pre-market, AT&T, Texas Instruments Tumble

Hot news – Stocks in focus in pre-market trade Wednesday:

• Boeing (NYSE:BA) stock soared 4.42% by 8:18 AM ET (12:18 GMT) after the company’s third-quarter results topped consensus and it lifted its full-year forecast.

• AT&T (NYSE:T) stock slumped 3.63% after the company reported third-quarter adjusted earnings per share that missed consensus.

• Texas Instruments (NASDAQ:TXN) stock tumbled 6.23% after the company reported smaller-than-expected quarterly revenue and forecasted fourth quarter results that missed consensus.

• United Parcel Service (NYSE:UPS) stock fell 2.84% as the midpoint of its forecast for full-year EPS settled below consensus.

• Capital One (NYSE:COF) stock rose 4.09% after the company reported third-quarter results that beat on the top and bottom lines.

• IRobot (NASDAQ:IRBT) stock tanked 6.40% after the company said the negative impact of tariffs would lower its operating income by $5 million in the fourth quarter, something not contemplated in its full-year expectations.

• Apple (NASDAQ:AAPL) stock inched up 0.06% amid news that it is planning to launch its upcoming TV subscription service in more than 100 countries, according to a report from The Information. Separately, chief executive Tim Cook is expected to praise new European privacy rules and to voice the company’s support for strong laws in Europe and the U.S. protect the use of data.

• Tesla (NASDAQ:TSLA) stock gained 2.71% as the company prepped to report earnings after the market close. Shares surged 12.72% a day earlier as short-seller Andrew Left’s Citron Research surprisingly reversed its view of the stock, saying it is now long because of the company’s dominant position.

• Ford (NYSE:F) stock dropped 0.47% amid news that the company appointed a new head of sales in China to help turn around operations in the world’s second-largest economy ahead of its earnings release scheduled for after the close. It also announced that Ford China will become a standalone business unit, reporting directly to global headquarters.

• LiqTech International (NYSE:LIQT) stock surged 13.64% after the company announced a conference call at 10:00 AM ET (14:00 GMT) to “provide an update to the market”.

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