The companies are making news.
Johnson & Johnson shares rose 1.4% in the premarket after the company beat top and bottom line estimates for the third quarter. J&J is cautious about the impact of a strong U.S. dollar.
The toymaker's adjusted quarterly profit fell 10 cents shy of Street forecasts. Increased consumer sensitivity to higher prices was one of the reasons why the sales forecast was cut by the company. The company slid in pre market trading.
Goldman earned $8.25 per share for the third quarter, beating the $7.69 consensus estimate, while revenue was higher than expected. Goldman was up 2.5% before the market opened.
Amazon.com was named a top pick for both a hard and soft economic landing by Citigroup.
fuboTV jumped 10.4% in the premarket after it said it would eliminate its sports betting business and raise its sales outlook.
The sales forecast for the third quarter was slightly below analyst estimates and would be the lowest sales in three years. The transportation company's stock rose 1.5% in premarket trading.
Anne Bramman will step down from her position as CFO at the end of the year. The CFO position has been open for some time and the retailer has begun a search for a new CFO. There was a 1.7% rise in the pre market.
According to an SEC filing, Intel's Mobileye unit is targeting a value of about $16 billion. According to the Wall Street Journal, Intel had initially expected a $50 billion valuation for the self-driving car unit. Intel increased in premarket activity.
Target's stock jumped 3% in the pre market after it was upgraded to "buy" from "hold" by analysts at Jeffries. Brian Cornell made bullish comments at the conference.
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