In the latest pre-market trading updates, several stocks are showing notable movements. Super Micro Computer Inc. (SMCI) surged by 24% after meeting a Nasdaq deadline for submitting delayed regulatory filings, thus avoiding delisting. Micron Technology Inc. (MU) rose by 2.5% as it commenced shipping samples of its sixth-generation DRAM-based DDR5 memory utilizing extreme ultraviolet technology. Lowe's Companies Inc. (LOW) experienced a 3.5% increase following better-than-expected earnings per share (EPS), revenue, and same-store sales (SSS) results. Conversely, Nvidia Corp. (NVDA) saw a decline of 0.8% amid reports that former President Donald Trump is considering tighter controls on chip exports to China, even as Chinese firms, including Alibaba Group Holding Ltd. (BABA) and Techtronic Industries Co. Ltd. (TECHY), are increasing their orders for Nvidia's H21 AI chip. Home Depot Inc. (HD) also fell by 0.4% as it provided guidance for fiscal year same-store sales and EPS. The broader market futures showed slight fluctuations, with the S&P 500 futures down by 0.1%, Nasdaq down by 0.2%, and Dow Jones up by 0.1%.
Here are Wednesday's biggest analyst calls: Nvidia, Tesla, Apple, Home Depot, Super Micro, Alibaba, American Airlines & more https://t.co/rMQiPXlFK5
#๐๐จ๐ซ๐ง๐ข๐ง๐ ๐๐ข๐ง๐ฎ๐ญ๐ โฐ ๐น $SMCI rallies after submitting financial filings to SEC before deadline ๐น $CART sinks on slowing future growth ๐น All eyes on $NVDA earnings after the close Here's @TomWhite_S with 3 key stories to watch ahead of today's open:
US PRE-MARKET MOVERS: $SMCI, $MU, $LOW, $TJX, $NVDA, $AAPL, $WDAY, $INTU, $KEYS, $CART