By WSJ Staff
Alphabet $(GOOGL)$: A slowdown in Google's cloud-computing sales helped drag down Alphabet's overall revenue growth to its lowest rate since 2023. Shares tumbled about 7% in premarket trading.
Advanced Micro Devices $(AMD)$: The chip maker posted a big jump in revenue in its data-center business, but the results undershot analysts' rosy forecasts. AMD shares fell 9% ahead of the opening bell.
Chipotle Mexican Grill $(CMG)$: The restaurant chain cut its sales outlook for this year, knocking shares premarket. Investors fear President Trump's tariff threats on Mexican and Canadian imports could drive up Chipotle's costs.
Mattel $(MAT)$: The toy maker's shares rocketed 15% premarket after it forecast higher earnings this year, boosted by greater expected demand for its Barbie dolls. Mattel also announced a stock buyback.
Nissan (JP:7201) and Honda (JP:7267, HMC): Nissan's board plans to reject Honda's terms for a merger, endangering a plan announced less than two months ago. In Tokyo, Nissan shares fell about 5%, while Honda's rose 9%.
Novo Nordisk $(NVO)$, (DK: NOVO.B): The Ozempic and Wegovy maker forecast sales growth would slow this year, but posted stronger-than-expected net profit and sales for last quarter. Shares gained nearly 4% in Denmark.
Match $(MTCH)$: The dating-app company, which owns Tinder and Hinge, said it had replaced its chief executive as it posted a drop in quarterly earnings and forecast sales that missed investors' expectations. Shares fell about 9% offhours.
Walt Disney $(DIS)$ and Uber Technologies $(UBER)$ are scheduled to report earnings before markets open today.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
February 05, 2025 05:10 ET (10:10 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.