February 21, 2024

The Amazon logo is seen on a storage locker in Annapolis, Maryland, on Feb. 2, 2023, ahead of the earnings report.

Jim Watson | AFP | Getty Images

Check out the companies making headlines in premarket trading.

capital one — Shares fell 3.3 percent after quarterly earnings disappointed. The company’s adjusted earnings per share were $2.31, well below StreetAccount’s forecast of $3.75 per share. Capital One executives cited lending difficulties throughout the quarter.

break off — Shares fell 18.2% after the company’s first-quarter revenue fell short of Wall Street expectations. Snap’s revenue fell 6 percent from a year earlier to $989 million, compared with analysts’ forecast of $1.01 billion, according to Refinitiv data.

amazon — Amazon fell 2.4% Friday morning after the e-commerce giant expressed concerns about the future of its cloud business. That overshadowed revenue growth in the first quarter.

TMobile — The telecommunications company fell about 2% on Friday morning after reporting quarterly results. The company’s adjusted EPS came in at $1.58, compared with StreetAccount’s estimate of $1.52. However, T-Mobile missed expectations for revenue and monthly additions.

Exxon Mobil — Shares rose 1% premarket after the oil major reported a record first-quarter profit. Exxon’s adjusted earnings per share were $2.83, topping analysts’ expectations of $2.59, according to Refinitiv. Its revenue of $86.56 billion also topped estimates of $85.41 billion.

Chevron – Chevron shares fell slightly in premarket despite first-quarter earnings beating expectations. The oil major’s adjusted earnings per share came in at $3.55, compared with the $3.41 expected by analysts polled by Refinitiv. Revenue also topped estimates, but net income at Chevron’s oil and gas unit fell 25% due to lower oil prices.

Intel — Shares of Intel rose 6% in premarket trading despite reporting a first-quarter net loss of $2.8 billion. The company did beat Wall Street expectations for the quarter, with Intel reporting an adjusted loss of 4 cents per share on revenue of $11.72 billion. Analysts polled by Refinitiv expected a loss of 15 cents a share on revenue of $11.04 billion.

first solar — The solar panel maker fell more than 8% in early trade after an earnings miss. The company reported earnings of 40 cents per share on revenue of $548.29 million, compared with StreetAccount estimates of 99 cents per share.

chameleon — Software company Alteryx fell 18 percent in premarket trading. The company reported an adjusted loss of 19 cents a share, compared with analysts polled by StreetAccount estimating a loss of 26 cents a share.Management told investors that the company plans to Lay off 11% as part of a cost-cutting program.

L3 Harris Technology — The technology and defense company rose 2.5 percent after slightly beating earnings estimates, with adjusted earnings of $2.86 a share, compared with StreetAccount’s forecast of $2.85 a share.

first republic — The struggling bank rose 5.3% on Friday Information about U.S. officials A rescue plan is being drawn up. Deposits fell a staggering 41% in the latest quarter, the bank said on Monday.

Pinterest — Shares of the image-sharing platform fell 14% premarket after the company issued disappointing guidance for the next quarter. Pinterest said revenue growth in the second quarter would be slower than expected due to higher operating expenses. However, Pinterest did beat expectations with earnings and revenue in the first quarter.

—CNBC’s Hakyung Kim, Samantha Subin, Jesse Pound, Yun Li and Michelle Fox contributed reporting