Today's Pre-Market Stock Movers: T, LBRT, MSFT, TXN and More
Gapping up
$AT&T(T.US$ +2.3% (The company reported fourth-quarter earnings that beat Wall Street estimates, and reported $14.1 billion in cash flow for 2022, a bit higher than management's prior guidance and analysts' estimates of $13.8 billion. AT&T also reported 1.104 million subscribers in total postpaid net adds in the fourth quarter, higher than estimates of 906 million. The stock rose 2.1%.)
$Liberty Energy(LBRT.US$ +3.7% (The company said Tuesday it increased its existing share repurchase authorization to $500 million, a $250 million hike from the originally authorized amount.)
$Mammoth Energy Services(TUSK.US$ +7.7% (The company announced that its wholly owned subsidiary Cobra Acquisitions LLC has submitted a certified claim for approximately $379 million to the Federal Emergency Management Agency pursuant to the federal Contract Disputes Act.)
Gapping down
$Microsoft(MSFT.US$ -2.6% (The PC maker and software company reported better-than-expected fiscal second-quarter earnings but issued disappointing guidance for the March quarter.)
$Texas Instruments(TXN.US$ -0.6% (The semiconductor maker provided a revenue forecast for the March quarter that was below expectations, citing softening demand for its chips and higher order cancelations.)
$Intuitive Surgical(ISRG.US$ -8.9% (The maker of surgical systems reported fourth-quarter adjusted earnings that missed Wall Street estimates and said it placed fewer of its flagship Da Vinci Surgical Systems during the period.)
$ASML Holding(ASML.US$ -2.1% (The Dutch chip equipment supplier said it expects to report more than 25% sales growth this year despite uncertainty in the semiconductor industry.)
$Tesla(TSLA.US$ -1.5% (The electric-vehicle maker is scheduled to post quarterly earnings after the stock market closes.)
Source: MarketWatch
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RDK79 : Everyone still uses phones….
COWBOY 76 : p