Stocks making the biggest moves before the bell: Nvidia, Live Nation, Snowflake and more

Here’s an overview of premarket trading featuring noteworthy companies.

Nvidia is making strides with a leap of 7.4% after its 10-for-1 stock split announcement and promising results from the first fiscal quarter. Super Micro Computer and Advanced Micro Devices have also seen an upsurge of over 5% and 3%, respectively.

Taiwan Semiconductor moves up 2.4% after predicting a promising 10% annual revenue growth for the semiconductor industry worldwide.

Live Nation, however, fell 6% amid news of an upcoming lawsuit concerning antitrust violations tied to Ticketmaster’s concert ticket sales.

The cloud-computing firm Snowflake has seen a 3.8% rise post exceeding Wall Street’s Q1 revenue estimates, registering $829 million.

News Corp shares surged over 5% following a multi-year global partnership announcement with OpenAI.

VF Corp, the parent company of The North Face and Vans, faced a 13.6% drop after posting an unexpected loss per share and lower than expected revenue in the fiscal fourth quarter.

NetEase saw a decline of 3.4% due to disappointing Q1 revenue and a reduced quarterly dividend.

E.l.f. Beauty experienced a rise of 3.4% after surpassing consensus forecasts for the fiscal fourth quarter.

LiveRamp Holding rallied 14.5%, thanks to better-than-expected earnings for the fiscal fourth quarter and solid revenue guidance.

Cytokinetics pulled back by 14.7% following its $500 million common stock offering.

Shares of DuPont de Nemours rose 5.3% after the company announced its division into three separate businesses and a subsequent change in leadership.

Alibaba fell 1.5% on news that the tech giant might be selling convertible bonds to raise $5 billion.

Video game company Take-Two Interactive Software rose 2.3% after an upgrade from Bank of America.

GoodRX, the digital healthcare platform, rose 5.8% after an upgrade from RBC.

Finally, Hasbro saw a 3% increase after JPMorgan upgraded the company due to underestimated cost efficiencies and digital gaming forecasts.

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Stocks making the biggest moves before the bell: Nvidia, Live Nation, Snowflake and more

Editor Prism MarketView