Here are the firms that garnered attention in premarket trading. Nvidia soared by 7.4% following its impressive fiscal first-quarter results, promising guidance, and announcement of a 10-for-1 stock split. Super Micro Computer and Advanced Micro Devices rose by over 5% and 3% respectively. Taiwan Semiconductor moved up 2.4% after predicting a 10% annual revenue growth for the global semiconductor sector. Live Nation’s shares fell 6% premarket as the Department of Justice and several states are expected to sue the company for antitrust violations concerning Ticketmaster’s control of concert ticket sales. Snowflake, a cloud computing company, saw a 3.8% rise after surpassing Wall Street’s first-quarter revenue predictions. News Corp’s shares increased over 5% after revealing a “multi-year global partnership” with OpenAI. VF Corp’s shares plunged 13.6% after posting an unexpected loss per share and weak revenue in the fiscal fourth quarter. E.l.f. Beauty’s shares increased by 3.4% after exceeding FactSet’s consensus forecasts for the fiscal fourth quarter. However, its full-year guidance was below expectations. LiveRamp Holding’s shares surged 14.5% following its better-than-expected earnings for the fiscal fourth quarter. Cytokinetics’ shares fell 14.7% after announcing a $500 million common stock offering. DuPont de Nemours’ shares rose 5.3% after the company announced it would split into three separate entities. Alibaba’s shares fell 1.5% following a report that the company may sell convertible bonds to raise $5 billion. Take-Two Interactive Software’s shares increased 2.3% after an upgrade from Bank of America. GoodRX’s shares rose 5.8% after an upgrade from RBC. Hasbro’s shares increased by 3% after an upgrade from JPMorgan. — Contributions from CNBC’s Jesse Pound, Pia Singh, Yun Li, Tanaya Macheel, Sarah Min and Michelle Fox.
