Investing.com — US stock edged higher Tuesday, as Wall Street prepares for a highly-important presidential election as well as more corporate earnings.
Here are some of the biggest premarket US stock movers today:
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Palantir (NYSE:) stock soared 14% after the data analytics software provider raised its full-year revenue forecast while reporting robust third-quarter results.
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DuPont (NYSE:) stock rose 2% after the industrial materials maker raised its full-year profit forecast after beating third-quarter earnings target on strong demand for electronics and artificial intelligence-based technology.
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Restaurant Brands (NYSE:) stock fell 1.5% after the company missed estimates for quarterly revenue due to weak demand across key businesses such as Tim Hortons, Burger King and international markets including China and the Middle East.
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Boeing (NYSE:) stock rose 1.4% after striking workers accepted a new contract offer after a vote on Monday (NASDAQ:), ending a prolonged and crippling strike.
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Trump Media & Technology (NASDAQ:) stock rose over 11%, suggesting investors feel confident about the former president‘s chances of regaining the White House.
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Yum! Brands (NYSE:) stock fell 1.5% after the KFC parent reported a surprise fall in worldwide same-store sales as it struggles with sluggish demand in the U.S., as well as choppy international sales.
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Archer-Daniels-Midland (NYSE:) stock fell 6.2% after the grains merchant cut its adjusted annual profit forecast and said it would amend its previous financial statements after finding additional accounting irregularities.
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NXP Semiconductors (NASDAQ:) stock fell 6.4% after the company forecast that its fourth-quarter revenue and profit performances will be below market expectations, citing a slowdown in the automotive industry.
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Emerson Electric (NYSE:) stock rose 5% after the engineering services provider reported better-than-expected fourth-quarter results and issued upbeat guidance for fiscal 2025.
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Ferrari (NYSE:) stock fell 4% after the iconic automaker reported third-quarter earnings and revenue that fell short of analyst estimates.
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eBay (NASDAQ:) stock rose 1.3% after Bernstein upgraded its rating of the e-commerce group to ‘outperform’ from ‘market-perform’, saying the recent pullback offered “a better entry point” for investors.
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Marqeta (NASDAQ:) stock slumped 38% after the payment processing firm issued weaker-than-expected guidance for the fourth quarter.
