US Premarket: Adobe, Nasdaq, P&G and other stocks making biggest moves

Adobe (ADBE)

Shares of the software maker gained 1.7% in premarket
action after it reaffirmed its previous current-quarter outlook, encouraging
investors who have seen other tech companies lower their forecasts as sales
decline.

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Nasdaq (NDAQ)

Nasdaq added 1.5% in the premarket after reporting
higher-than-expected profit and revenue for the third quarter. The company
witnessed strong demand for its various investment products as investors
revamped portfolios in response to market volatility.

Procter & Gamble (PG)

Shares of the consumer products giant rose 1.7% in
premarket trading after the company reported quarterly earnings of $1.57 per
share beating estimates by 3 cents with revenue also topping Wall Street
forecasts. Results were supported by a 7% growth in organic sales, although
P&G slashed its full-year revenue forecast due to the impact of a stronger
US dollar.

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Travelers (TRV)

The insurance company’s stock gained 1% in premarket action
after beating top and bottom line estimates for its latest quarter. Travelers’
catastrophe losses widened from a year ago, but its results were helped by
record insurance premiums.

United Airlines (UAL)

United Airlines rallied 5.3% in premarket trading after
reporting higher-than-expected quarterly earnings. The company issued positive
earnings forecast for the ongoing quarter amid a continued rise in travel
demand.

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Intuitive Surgical (ISRG)

Shares of the medical equipment maker jumped 10% in
premarket action after beating quarterly earnings and revenue forecasts. The
results were helped by a nearly 20% jump in the number of procedures performed
with its da Vinci robotic surgical devices.

Netflix (NFLX)

Netflix jumped 12.2% in premarket trading after reporting
it added 2.4 million subscribers during the third quarter, more than twice the
video streaming service’s prediction. The streaming services company reversed a
trend that saw it lose subscribers for the past two quarters.

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JB Hunt Transport (JBHT)

JB Hunt surged 2.5% in the premarket after reporting
better-than-expected profit and revenue for its latest quarter. The logistics
company said it is preparing for a subdued holiday season as shipping volumes
decline.

Interactive Brokers (IBKR)

Interactive Brokers added 2.6% in premarket trading after
the company reported a 73% rise in net interest income and a 3% rise in
commission revenue for the third quarter.

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ASML (ASML)

ASML surged 5.2% in premarket action after reporting
better-than-expected quarterly sales and profit, as the semiconductor
manufacturing equipment maker managed to thrive despite an overall industry
slowdown.