Some of the stocks that may grab investor focus today are:
- China-based electric vehicle maker Nio reported that it delivered 7,024 vehicles in May 2022; it delivered 37,866 vehicles year-to-date in 2022, increasing by 11.8% year-over-year; it delivered Cumulative deliveries of vehicles as of May 31, 2022 reached 204,936. Nio shares gained 2.2% in premarket trading Wednesday.
- Salesforce, Inc. (NYSE:CRM) reported upbeat results for its first quarter and raised its annual profit forecast. Salesforce shares jumped 7.3% to $171.86 in premarket trading Wednesday.
- Analysts expect GameStop Corp. (NYSE:GME) to post a quarterly loss at $1.45 per share on revenue of $1.32 billion after the closing bell. GameStop shares fell 0.8% to $123.69 in premarket trading Wednesday.
- HP Inc. (NYSE:HPQ) reported better-than-expected results for its second quarter and issued strong earnings guidance for the third quarter. HP shares fell 0.1% to $38.81 in premarket trading Wednesday.
- ChargePoint Holdings (NYSE:CHPT) fell 3.9% in premarket trading Wednesday after reporting a larger quarterly loss than anticipated.
- Nano cap biotech Tonix Pharmaceuticals (NASDAQ:TNXP) announced on Tuesday that its board of directors approved a share repurchase program to buy up to $12.5M worth of its outstanding common stock. Tonix (TNXP) shares added 15.6% in premarket trading Wednesday..
- Wall Street expects Capri Holdings Limited (NYSE:CPRI) to report quarterly earnings at $0.82 per share on revenue of $1.41 billion after the closing bell. Capri Holdings shares rose 3.6% to $50.50 in after-hours trading Tuesday.
- Analysts are expecting Hewlett Packard Enterprise Company (NYSE:HPE) to have earned $0.45 per share on revenue of $6.79 billion. The company will release earnings after the markets close. Hewlett Packard Enterprise shares rose 1.1% to $15.77 in after-hours trading Tuesday.