Investing.com -- U.S. stock futures slipped lower Thursday, with sentiment hit hard by weak earnings from a couple of tech majors.
Here are some of the biggest premarket U.S. stock movers today:
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Ford (NYSE:F) stock slumped 13% after the auto giant reported a significant profit miss for the second quarter as it continues to battle costly quality issues and an EV business that is weighing on its bottom line.
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Chipotle (NYSE:CMG) stock rose 3.6% after reporting stronger-than-expected earnings for the second quarter, with the fast casual Mexican restaurant chain logging strong comparable restaurant sales in the quarter.
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IBM (NYSE:IBM) stock rose 3.1% after increased interest in artificial intelligence helped the tech consulting firm log stronger-than-expected quarterly earnings.
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Hasbro (NASDAQ:HAS) stock soared 11% after the toymaker posted a smaller-than-expected drop in second-quarter as steady digital gaming demand offset a slump in toy sales, while cost-control strategies helped it beat profit expectations.
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Southwest Airlines (NYSE:LUV) stock fell 5.8% after the carrier reported a 46% drop in profit and forecast a potential drop in unit revenue for the third quarter as an oversupplied U.S. market has forced airlines to discount tickets during what is usually the most lucrative period of the year.
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American Airlines (NASDAQ:AAL) stock fell 7.3% after the carrier cut its annual profit forecast as uneven demand trends and overcapacity in certain markets dampened its pricing power.
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Royal Caribbean (NYSE:RCL) stock fell 1.5% despite the cruise operator raising its annual profit forecast for the third time this year on the back of continued demand for cruise vacations and higher ticket pricing.
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Harley-Davidson (NYSE:HOG) stock rose 1% after the manufacturer of iconic motorcycles reported a 23% rise in quarterly profit, as demand held up for its pricier bikes during the summer riding season.
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Keurig Dr Pepper (NASDAQ:KDP) stock rose 2.6% after the beverage company’s quarterly earnings and revenue met expectations as higher prices fueled its U.S. soda sales.
- Unilever (LON:ULVR) ADRs rose 6.5% after the consumer goods giant raised its full-year margin guidance and said the spinoff of its Ben & Jerry’s ice cream business was on track to complete by the end of 2025.
This content was originally published on Investing.com
