Today's Pre-Market Stock Movers: TSLA, NFLX, RIVN, MS and More

$Western Alliance Bancorp(WAL.US)$ +20% (Western Alliance said its deposits have been rebounding in April after declining 11% in the first quarter. Wedbush upgraded the stock to outperform after Western Alliance's quarterly report despite the bank's net income falling more than 50% from the previous quarter.)

$The Travelers Companies(TRV.US)$ +3% (The company beate Wall Street's expectations on both the top and bottom lines. The Dow Jones Industrial Average component reported adjusted earnings of $4.11 a share on $9.40 billion in net premiums.)

$Abbott Laboratories(ABT.US)$ +2.8% (The company beat top- and bottom-line expectations and reaffirming guidance. The company reported $1.03 in earnings per share on revenue of $9.75 billion for the first quarter, while analysts polled by FactSet anticipated 99 cents in per-share earnings on $9.67 billion in revenue. The company said it still expects full-year adjusted earnings per share to come in between $4.30 and $4.50, in line with the $4.39 consensus estimate of analysts. )

$Intuitive Surgical(ISRG.US)$ +8.1% (Intuitive Surgical reported an earnings and revenue beat. The company reported adjusted earnings per share of $1.23, topping against a consensus estimate of $1.20 per share, according to FactSet. Revenue grew 14% from the prior year, coming in at $1.70 billion, compared to estimates of $1.59 billion.)

$Zions Bancorp(ZION.US)$ +4% (The company is expected release its earnings report after the bell Wednesday. Investors could be getting optimistic after its peer Western Alliance said in its first-quarter that deposits have stabilized since last month’s collapse of Silicon Valley Bank.)

$United Airlines(UAL.US)$ -0.9% (The company announced a net loss for the first quarter. United posted a loss of 63 cents per share, which is 10 cents smaller than the 73-cent estimated loss from analysts polled by Refinitiv. The company reported $11.43 billion in revenue, slightly above the $11.42 billion estimated.)

$Interactive Brokers(IBKR.US)$ -3.7% (The company reported a miss on earnings in the first quarter. The company posted earnings per share of $1.35, which fell below the $1.41 consensus estimate from analysts polled by Refinitiv.)

$ASML Holding(ASML.US)$ -2.6%(The company reported net bookings for the first quarter were down 46% year-over-year on "mixed signals" from customers as they work through inventory. The shares fell despite ASML reporting an earnings beat for the quarter.)

$Boeing(BA.US)$ -0.6% (CEO Dave Calhoun said that a flaw detected in some of its 737 Max planes won't hinder its supply chain plans for increased production of its bestselling jetliner this year. The company disclosed a flaw with some of its 737 Max planes last week and said it was likely to delay deliveries.)

Ally Financial — The digital financial services company’s shares were down 1.3% after its first quarter earnings and revenue missed Wall Street’s expectations. Ally posted per-share earnings of 82 cents, while analysts had anticipated 86 cents per share, according to FactSet data. The bank’s adjusted total net revenue also fell below estimates, coming in at $2.05 billion versus the $2.07 billion consensus estimate from FactSet analysts.

$CDW Corp(CDW.US)$ -10.6% (The IT company's shares reported a weaker-than-expected preliminary quarterly earnings report. CDW issued quarterly revenue guidance of $5.1 billion, falling below the FactSet analysts' consensus estimate of $5.58 billion. The company said it was significantly impacted by more cautious buying amid economic uncertainty. It also issued guidance for its full-year earnings to fall "modestly below" 2022 levels.)