By Chelsey Dulaney

Alphabet $(GOOGL)$: Google's parent said revenue jumped 15% last quarter, as the AI boom bolsters its cloud-computing division. Shares rose more than 5% in premarket trading.

Advanced Micro Devices $(AMD)$: The chip maker's shares fell 8% premarket after its revenue outlook for this quarter fell slightly short of expectations. Other chip stocks such as Qualcomm $(QCOM)$ and Intel $(INTC)$ came under pressure.

Reddit (RDDT): The social-media company reported its first quarterly profit as a public company. Revenue came in far above expectations, due to increases in advertising and data-licensing sales. Shares surged more than 20% ahead of the market open.

Trump Media $(DJT)$: Shares of Truth Social's parent company fell 3% premarket, continuing a volatile streak. The stock was halted several times Tuesday, after surging on bets that Trump will win the election.

GE HealthCare $(GEHC)$, Eli Lilly $(LLY)$, Caterpillar $(CAT)$ and Humana $(HUM)$ are among the companies set to report earnings before the bell.

Microsoft $(MSFT)$, Meta $(META)$, Coinbase $(COIN)$ and Robinhood (HOOD) are scheduled to report after markets close.

Snap (SNAP): The social-media company said that revenue climbed 15% last quarter, narrowly beating expectations, and that AI is helping drive advertising growth. Shares rose more than 10% ahead of the open.

Visa (V): The credit-card company reported better-than-expected quarterly revenue and profit, boosting its shares premarket. The Wall Street Journal reported during yesterday's session that Visa plans to lay off around 1,400 employees and contractors.

Chipotle $(CMG)$: The burrito chain's quarterly sales growth missed expectations. Shares declined 6% before the bell.

UBS (CH: UBSG, UBS): Shares rose around 2% in Zurich after the bank's quarterly report topped expectations. UBS said results was boosted by trading and dealmaking, plus lower costs from its integration of Credit Suisse.

Electronic Arts $(EA)$: The videogame publisher boosted its annual outlook after a strong quarter led by its American football segment. The stock gained in offhours trading.

Chewy $(CHWY)$: Meme-stock icon Keith Gill, also known as "Roaring Kitty," reported in a securities filing that he no longer owns a stake in Chewy. Shares in the online pet-products retailer declined off-hours.

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(END) Dow Jones Newswires

October 30, 2024 05:14 ET (09:14 GMT)

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