The stocks making significant moves before the bell

JPMorgan (JPM):

JPMorgan's stock slipped 2.4% despite beating expectations and reporting lower credit costs. The decline was attributed to concerns about net interest income falling short of analyst expectations in 2024 and CEO Jamie Dimon's warnings about inflationary pressures.

Wells Fargo:

Wells Fargo's shares fluctuated but were up slightly after reporting first-quarter earnings that beat Wall Street's expectations. However, the bank reported a decline in net interest income.

Citigroup:

Citigroup's shares rose over 2% after posting higher-than-expected revenue of $21.1 billion for the quarter.

BlackRock (BLK):

Globe Life:

Globe Life's stock jumped about 9% in extended trading, rebounding from a significant decline in the prior session triggered by allegations of insurance fraud from a short seller report.

Paramount:

Paramount's shares slipped around 1% after announcing a decrease in the number of directors amid merger talks with Skydance.

Mobileye:

Mobileye's shares gained 2% after receiving an upgrade to outperform from Wolfe Research, which cited reduced downside risk for the autonomous vehicle technology company.

GitLab:

GitLab's shares moved 2.5% higher following an upgrade to outperform by Raymond James, which expects continued growth and improved profitability for the software company.

Corteva:

Corteva's shares pulled back 2.6% after being downgraded to neutral by JPMorgan ahead of first-quarter earnings.

Ciena:

Ciena's shares dipped 1.3% after receiving a sell rating from Citi, which noted that the artificial intelligence opportunity for the networking systems company may be further out than anticipated by investors.