Check out the companies making headlines before the bell. Amazon – The e-commerce giant jumped 7% after reporting stronger-than-expected earnings and solid growth in cloud and advertising. Amazon Web Services revenue increased 19% year over year. Apple – Shares fell 1.6% even after the tech giant beat top- and bottom-end estimates for the most recent quarter and showed 6% revenue growth. Net income fell as the company paid a one-time fee related to a tax decision in Europe. Atlassian – The stock rose more than 21% on the heels of the software company's better-than-expected quarterly results for its fiscal first quarter. Atlassian earned 77 cents per share, excluding items, on revenue of $1.19 billion. Analysts surveyed by FactSet had expected 64 EPS and revenue of $1.16 billion. The company also raised its full-year revenue growth forecast. Intel – Shares rose more than 5% on stronger-than-expected earnings and upbeat guidance. The chipmaker reported adjusted earnings of 17 cents per share on revenue of $13.28 billion. That beat the loss of 2 cents per share and revenue of $13.02 billion that analysts polled by LSEG had expected. Abbott Laboratories – Shares of the biotech company rose 5% after a Missouri jury acquitted Abbott of liability in the infant formula case. Other similar cases are still pending against Abbott. Boeing – Shares rose 2% after agreeing to a new bid with its union as it hopes to end the seven-week strike. The deal would include increases of 38% over the next four years, with a vote on the proposal scheduled for Monday. Avis Budget – The car rental company fell 1.5% after reporting third-quarter earnings that fell short of Wall Street estimates. Earnings per share of $1.53 came in below estimates of $8.18 from analysts surveyed by LSEG. The company reported revenue of $3.48 billion per share, versus LSEG's estimate of $3.53 billion. Chevron – The oil giant's stock rose 2%. Chevron beat Wall Street estimates for the third quarter and returned more than $7 billion to shareholders during the period through buybacks and dividends. Super Micro Computer – Shares of the artificial intelligence server maker lost 3%, building on its more than 38% week-to-date loss after revelations that Ernst & Young resigned as auditor over concerns about its accounting practices and the independence of its management. blackboard. ExxonMobil — Shares of the oil giant rose nearly 2% after Exxon beat Wall Street's third-quarter earnings expectations, hitting its highest production level in more than 40 years. Exxon reported earnings per share of $1.92, excluding items, while analysts polled by LSEG expected $1.88 per share. However, the company's revenue of $90 billion came in slightly below analysts' expectations of $93.94 billion. Juniper Networks – Shares fell slightly. Juniper Networks reported preliminary third-quarter earnings and revenue that beat estimates, but did not provide financial guidance for 2024, citing its acquisition by Hewlett Packard Enterprise. Juniper Networks earned 48 cents per share, on an adjusted basis, more than the StreetAccount consensus estimate of 45 cents for earnings per share. Revenue of $1.33 billion beat FactSet estimates of $1.26 billion. — CNBC's Jesse Pound, Sean Conlon, Piya Singh and Sarah Main contributed reporting
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Stocks making the biggest moves in pre-market: AMZN, AAPL, TEAM
