Stocks making the biggest moves premarket: NVO, JPM, UAL
Check out the companies making the biggest moves premarket: Novo Nordisk — U.S.-listed shares popped 3% after the company announced a partnership with OpenAI . “Integrating AI in our everyday work gives us the ability to analyse datasets at a scale that was previously impossible, identify patterns we could not see, and test hypotheses faster than ever,” Novo CEO Mike Doustdar said in a statement. JPMorgan Chase — The banking giant posted better-than-expected first-quarter results . JPMorgan Chase earned $5.94 per share on revenue of $50.54 billion. LSEG data shows analysts had penciled in a profit of $5.45 per share on revenue of $49.17 billion. However, the stock quickly gave back an initial gain and was down 2% after it lowered its net interest income guidance. Wells Fargo — Shares slid 1% after the company’s first-quarter results failed to impress investors. The bank earned $1.60 per share, though that number was not comparable to an LSEG estimate of $1.58 as it includes a tax benefit. Revenue, meanwhile, was just below the analyst consensus at $21.45 billion. Johnson & Johnson — The pharma giant reported slightly better-than-expected results for the first quarter, sending shares up around 0.9%. J & J earned an adjusted $2.70 per share on revenue of $24.06 billion. Analysts expected a profit of $2.66 per share on revenue of $23.63 billion, per LSEG. Full-year earnings guidance was also slightly better than expected. BlackRock — The asset management giant climbed 1.7% on first-quarter earnings and revenue that beat the Street. BlackRock earned $12.53 per share on revenue of $6.7 billion. Analysts polled by LSEG expected a profit of $11.54 per share on revenue of $6.46 billion. United Airlines , American Airlines — United shares gained 2% following reports that CEO Scott Kirby had pitched a merger with American during a meeting with President Donald Trump. American Airlines shares advanced more than 4%. Intel — The chipmaker climbed 1%, putting it on pace for its 10 th positive session in a row. That would be its longest winning streak since 2005, when it rose for 13 straight sessions.