Netflix, Oracle, Travelers and Procter & Gamble go up in pre-market; J&J falls By Investing.com



Investing.com — U.S. stock futures rose Wednesday, continuing the positive sentiment sparked by Donald Trump’s inauguration earlier this week.

Here are some of the biggest pre-market Stock movements in the United States today:

  • Netflix (NASDAQ:) stock soared 14% after the streaming giant reported better-than-expected fourth-quarter results, buoyed by a surge in subscriber additions.

  • Oracle (NYSE:) stock jumped 8.7%, adding to the previous session’s strong gains triggered by President Donald Trump’s announcement that the computer software group would participate in a private sector investment of up to $500 billion dollars in artificial intelligence infrastructure.

  • Procter & Gamble (NYSE:) stock rose 3.3% after the consumer goods giant reported net sales in its fiscal second quarter that beat analysts’ estimates, fueled largely by strong demand in its market key in the United States.

  • Abbott Laboratories (NYSE:) stock fell 2.1% after the medical device company forecast first-quarter profit below estimates, as well as weak fourth-quarter sales in segments other than medical devices.

  • Johnson & Johnson (NYSE:) stock fell 1.5%, hurt by a sharp decline in sales of its blockbuster psoriasis treatment, Stelara, even as the pharmaceutical company reported better-than-expected adjusted earnings and sales in fourth trimester.

  • GE Vernova (NYSE:) stock rose 1% after energy company split General electricity (NYSE:), announced that its fourth quarter results missed expectations.

  • United Airlines (NASDAQ:) stock rose 4% after the carrier reported better-than-expected fourth-quarter results, offering an optimistic outlook.

  • General engines (NYSE:) stock fell 0.6% after the National Highway Traffic Safety Administration said the auto giant was recalling about 2,890 Chevrolet Equinox EV vehicles due to concerns about their adaptive cruise control.

  • Travelers (NYSE:) stock rose 6.2% after the insurer beat fourth-quarter profit estimates as strong underwriting business cushioned the blow of high catastrophe losses.

  • Textron (NYSE:) stock fell 3.9% after the aerospace and defense company reported fourth-quarter 2024 results that fell short of analyst expectations.