Stocks to Watch: Apple, Marathon Petroleum, Palantir, Lufthansa

Dow Jones18:42

Marathon Petroleum (MPC): Shares of the U.S. petroleum refiner, which is set to report earnings this morning, gained premarket after the Journal reported that fellow oil refiner CVR Energy $(CVI)$ was near a more than $4 billion deal to buy Marathon's refineries.

Apple (AAPL): The iPhone maker's shares slid premarket. The new CEO John Ternus warned of weakening profit margins thanks to high memory costs in an earnings call on Monday.

Palantir (PLTR): The data-analysis company reported soaring quarterly profit, but its shares slid in premarket trading, reflecting investor worries over its ability to sustain its growth.

Deutsche Lufthansa (XE:LHA): Shares of the German airline group rose after it reported an increase in third-quarter profit. Lufthansa said it was able to offset increased fuel costs through savings and higher revenue.

Koninklijke Philips (NL:PHIA): Shares of the Dutch health-technology company jumped after it reported stronger profitability in the third quarter thanks to robust sales.

Advanced Micro Devices (AMD): The chipmaker will report earnings after the bell. Shares rose premarket along with those of its peers.

 

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