Stocks to Watch Wednesday: AMD, Super Micro, Chipotle -- WSJ

Dow Jones02-04 21:21

By WSJ Staff

Uber $(UBER)$: The ride-hailing company said quarterly profit fell and gave conservative guidance, as it named a new finance chief. Shares fell about 4% ahead of the opening bell.

New York Times $(NYT)$: The media company reported higher quarterly profit as a decline in news-only subscription revenue was offset by sales to subscribers buying bundles and other single products. Shares fell about 6% premarket.

Adobe $(ADBE)$, Salesforce (CRM), Intuit $(INTU)$: The three stocks were broadly steady premarket, suggesting Tuesday's sharp selloff in software stocks could abate in regular trading hours Wednesday.

Texas Instruments $(TXN)$: The company agreed to buy wireless-technology company Silicon Labs $(SLAB)$ in a $7.5 billion deal. Shares in the buyer slipped premarket, while stock in Silicon Labs surged.

Eli Lilly $(LLY)$: The drugmaker said quarterly profit leapt to more than $6.6 billion on the back of surging demand for its GLP-1 weight-loss drugs. Shares jumped 9% ahead of the opening bell.

Advanced Micro Devices $(AMD)$: The chip maker recorded a one-third jump in quarterly sales and said data-center revenue could grow 60%-plus in the coming years as demand from AI hyperscalers grows. Still, shares sank 9% premarket, as investors continue to scrutinize AI-linked stocks.

Super Micro Computer $(SMCI)$: The company, which makes servers used for generative AI, reported a jump in quarterly profit, driven by a doubling in sales. Shares climbed more than 8% premarket.

Chipotle Mexican Grill $(CMG)$: The burrito maker said a key sales measure fell 2.5%, and orders dropped, in the last three months of 2025. It also expects flat same-store sales this year-weaker than analysts anticipated. Shares fell nearly 6% premarket.

Enphase Energy (ENPH): The solar-energy company posted profit and revenue that topped Wall Street estimates, and guided for higher first-quarter revenue than analysts had expected. Shares surged more than 20% premarket.

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(END) Dow Jones Newswires

February 04, 2026 08:21 ET (13:21 GMT)

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