Premarket Stock Movers: Nvidia, Walmart, Palo Alto, Oddity

Nvidia jumps on strong earnings, Walmart rises, Palo Alto drops on acquisition news, and Oddity surges in premarket trading. See which stocks are making waves.

At a Glance

• Nvidia (NVDA): +5% premarket after a stellar fiscal Q3 and upbeat Q4 outlook.
• Walmart (WMT): Modest uptick on a solid Q3 beat and raised full-year sales forecast.
• Palo Alto Networks (PANW): -3% after announcing a $3.35B acquisition of Chronosphere.
• Oddity (ODD): +17% on Q3 beat and higher full-year earnings guidance.
• Jacobs Solutions (J): Slight beat; shares little changed premarket.
• Bath & Body Works (BBWI): -14% after missing Q3 earnings and revenue expectations.

Market Overview

Several notable U.S. stocks experienced significant movement ahead of Thursday’s trading session, with earnings beats and corporate actions driving sharp premarket moves across tech, retail, cybersecurity, beauty, and consumer goods.

Nvidia: Momentum Builds on Beat-and-Raise Quarter

Nvidia shares surged 5% in premarket trading following the release of stellar financial results for its fiscal third quarter. The chip manufacturer not only exceeded analyst expectations for quarterly earnings, but also projected a stronger-than-expected outlook for fourth-quarter revenue, boosting investor confidence.

Walmart: Solid Q3 and Higher Guidance

Walmart saw a modest uptick, driven by robust third-quarter performance. The retail giant posted adjusted earnings of $0.62 per share on $179.5 billion in revenue, outperforming analyst estimates of $0.60 per share and $177.43 billion in revenue. In addition, Walmart raised its full-year sales forecast, signaling ongoing strength in consumer demand.

Palo Alto Networks: Acquisition Headlines Weigh on Shares

Shares of Palo Alto Networks slipped by 3% after the cybersecurity firm announced an agreement to acquire cloud management platform Chronosphere for $3.35 billion. The acquisition news overshadowed Palo Alto Networks’ own better-than-expected first-quarter financial results.

Oddity: Beauty Name Pops on Beat and Raised Outlook

Oddity’s stock jumped 17% after the company reported third-quarter earnings of $0.40 per share (excluding certain items) on $148 million in revenue. These results surpassed forecasts from LSEG, which anticipated $0.35 per share on $145 million in revenue. Oddity also raised its earnings guidance for the full year.

Jacobs Solutions: Slight Beat, Muted Reaction

Jacobs Solutions, specializing in engineering and construction services, slightly surpassed expectations for its fiscal fourth quarter, posting adjusted earnings of $1.75 per share compared to the $1.68 predicted by FactSet. Its stock, however, showed little movement in premarket trading.

Bath & Body Works: Weak Q3 Drags Shares Lower

On the negative side, Bath & Body Works fell more than 14% after missing both earnings and revenue targets for the third quarter. The retailer reported adjusted earnings of $0.35 per share—below the $0.39 expected by analysts—and $1.59 billion in revenue, missing expectations of $1.63 billion.

Bottom Line

Overall, today’s premarket activity highlights how both earnings beats and strategic corporate actions are influencing share prices across multiple sectors.