Stocks making the biggest moves premarket: Nvidia, Trump Media, Accenture and more

Here’s a quick look at the companies making waves in the early market:

Accenture

— The tech sector saw a healthy 8.6% surge in Accenture’s shares. Despite not meeting earnings and revenue estimates for the recent quarter as per FactSet, the IT giant accrued over $900 million in new generative AI bookings.

Trump Media & Technology Group

— The Group’s shares took a near 12% hit after announcing Tuesday that the Securities and Exchange Commission approved its registration of additional shares. The company’s shares have dipped 36% this month.

Nvidia

— The leading chipmaker’s shares climbed over 3%, building on Tuesday’s gains that propelled it above Microsoft as the most valuable public company.

Dell Technologies and Super Micro Computer

— Both companies’ stocks leaped more than 4%. Elon Musk tweeted that these two will construct the supercomputer for his AI venture, xAI, founded in 2023.

Hewlett Packard Enterprise and Juniper Networks

— Following the UK’s announcement of investigating HPE’s acquisition of Juniper Networks, both companies’ shares ascended over 2%.

KB Home

— This homebuilding company saw a 2% rise in stock value after outperforming top and bottom line estimates in the second quarter. KB Home’s earnings stood at $2.15 per share with $1.71 billion in revenue, surpassing LSEG-analysts’ predictions of $1.80 per share and $1.65 billion in revenue. The company revealed a 2% increase in net orders from the previous year.

Advanced Micro Devices

— AMD’s shares increased roughly 1% after Piper Sandler labeled the semiconductor stock as a top pick among large caps, highlighting the company’s promising outlook for the second half of the year.

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Stocks making the biggest moves premarket: Nvidia, Trump Media, Accenture and more

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