Today's Pre-Market Stock Movers: SOFI, AAP, TWLO, AI and More

$SoFi Technologies(SOFI.US)$+7% ( A deal to raise the U.S. debt ceiling on track for a vote on Wednesday would resume student loan payments.)

$Twilio(TWLO.US)$ +3.6% ( Legion Partners is looking to make changes to the automated communications company's board, as well as divestitures.)

$American Airlines(AAL.US)$ +2% ( The company raised expectations for the second quarter. American increased its earnings per share expectation from between $1.20 and $1.40 to between $1.45 and $1.65. It also increased its margin expectations, to between 12.5% and 14.5% from between 11% and 13%.)

$Carvana(CVNA.US)$-4% ( Carvana stock has been on fire so far this year with a 189% gain from the start of 2023.)

$Anheuser-Busch Inbev(BUD.US)$ -1.7% ( Lower sales volume across the company’s portfolio of products underpinned the decline, with Bud Light leading the charge with a 25.7% fall for the week ending May 20, according to Evercore.）

$Hewlett Packard Enterprise(HPE.US)$ -8% ( The company earned an adjusted 52 cents per share, beating a Refinitiv forecast of 48 cents per share. However, revenue of $6.97 billion was below a consensus estimate of $7.31 billion.)

$Ambarella(AMBA.US)$ -18% ( Ambarella shared disappointing guidance for the second quarter. Ambarella expects second-quarter revenue between $60 million and $64 million. Analysts expected guidance around $66.9 million, according to StreetAccount.)

$Advance Auto Parts(AAP.US)$ -25% ( The company reported an adjusted 72 cents per share against a Refinitiv consensus forecast of $2.57 per share. Advance Auto Parts also slashed its quarterly dividend.)

$C3.ai(AI.US)$ -5.8% ( Analysts polled by FactSet forecast an adjusted quarterly profit of 3 cents per share.)