Stocks making the biggest moves premarket: JPM, GS, GM, UUUU
Check out the companies making headlines before the stock market’s opening bell: JPMorgan Chase — Shares ticked higher by 0.2% after JPMorgan Chase results topped analyst estimates ; trading revenue hit a record of nearly $9 billion. Goldman Sachs — The investment bank fell 0.3% after Goldman exceeded Wall Street estimates on better-than-expected investment banking activity and bond trading. Goldman earned $12.25 per share, more than analysts’ consensus $11 a share, according to LSEG. Revenue of $15.2 billion beat the anticipated $14.1 billion. Wells Fargo — San Francisco-based Wells’ third-quarter financial results topped expectations, sending shares 2.5% higher. Earnings came in at $1.66 per share on $21.44 billion in revenue, versus the $1.55 a share on $21.15 billion in revenue estimated by analysts polled by LSEG. Wells Fargo also raised its profitability target. BlackRock — The asset manager ticked down 0.3% after better-than-expected third-quarter results. BlackRock earned $11.55 per share, excluding one-time items, on revenue of $6.51 billion, while analysts forecast $11.24 per share and $6.23 billion in revenue. Citigroup — Shares rose 0.3% after Citi said it earned $1.86 per share in the third quarter, ahead of the $1.73 estimated by analysts surveyed by FactSet. Revenue of $22.09 billion exceeded the consensus forecast for $21.09 billion. Levi Strauss — The denim maker dipped 0.4%. Levi Strauss earned adjusted earnings per share of 34 cents in the third quarter on revenue of $1.54 billion, while analysts surveyed by LSEG had estimated 31 cents a share on revenue of $1.50 billion. Energy Fuels , MP Materials , USA Rare Earth — Rare earth miners continued to rally after China imposed export restrictions and speculation mounted that the Trump administration will invest more in the domestic supply chain. Energy Fuels climbed more than 12%, MP Materials jumped about 7% and USA Rare Earth surged nearly 11%. Johnson & Johnson — J & J gained 0.2% after the New Jersey-based drugmaker earned an adjusted $2.80 per share on revenue of $23.99 billion in the third quarter, beating analysts’ consensus estimate of $2.76 on revenue of $23.75 billion, according to LSEG. General Motors — The Detroit automaker said in a public filing that its third-quarter results, expected next week, will include a $1.6 billion charge due to a pullback in its electric-vehicle ambitions. Shares slipped 1.7%. Ford Motor — The F-series pickup truck maker dropped 5% following a Wall Street Journal report that a fire at an aluminum supplier has temporarily halted production of at least five models, including the Expedition and Lincoln Navigator. Polaris — The snowmobile vehicle maker rallied 10% after it said it would spin off its Indian Motorcycle business. The transaction is expected to close in the first quarter of 2026. PotlatchDeltic , Rayonier — Rayonier and PotlatchDeltic said they plan to combine in an all-stock merger of equals, forming the second-largest publicly traded timber and wood products company in North America. PotlatchDeltic gained 5%, while Rayonier rose 1%. Arm Holdings — The British semiconductor designer added nearly 2% after The Information reported that OpenAI is working with Arm to develop a custom central processing unit as part of OpenAI’s partnership with Broadcom . Robinhood Markets — The financial trading platform fell 2% after Reuters reported that Robinhood is open to deals to expand its prediction markets business. — CNBC’s Michelle Fox, Alex Harring, Spencer Kimball and Fred Imbert contributed reporting
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