By Chelsey Dulaney
Nvidia $(NVDA)$: Shares of the AI chip maker edged higher premarket. Investors expect Nvidia's latest quarterly results, due after the close, to show further big jumps in profit and revenue.
Comcast $(CMCSA)$: The company will likely say Wednesday it is proceeding with a planned spinoff of its NBCUniversal cable TV networks, The Wall Street Journal reported. Shares rose off-hours.
Super Micro Computer $(SMCI)$: The server maker's stock slipped premarket. It had surged 31% Tuesday, after Super Micro named a new auditor and submitted a plan to stay listed on the Nasdaq.
Tokyo Gas (JP: 9531), $(TKGSY)$: The utility became the latest Japanese company to be targeted by activist investors, as Elliott Investment Management revealed it has taken a stake. Tokyo Gas stock rose 13% in Tokyo.
Target $(TGT)$, TJX Cos. $(TJX)$ and Williams-Sonoma $(WSM)$ are expected to report results before the opening bell.
Palo Alto Networks (PANW) and Snowflake (SNOW) will join Nvidia in reporting after the closing bell.
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(END) Dow Jones Newswires
November 20, 2024 04:48 ET (09:48 GMT)
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