Meta (META)

Shares of the social media giant tumbled 22.8% in the
premarket after Meta reported lower-than-expected earnings. Meta also issued a
weaker-than-expected fourth-quarter guidance. Meta posted earnings of $1.64 per
share on revenue of $27.38 billion. Tensions over increasing spending to build out
the metaverse also hurt the stock.

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ServiceNow (NOW)

ServiceNow shares jumped 13.8% in the premarket after the
software company reported quarterly earnings that beat market estimates.
However, the company slightly missed on sales estimates.

Caterpillar (CAT)

The construction machinery and equipment maker’s stock shed
5.1% in premarket trading after Caterpillar reported earnings that exceeded the
top and bottom line estimates. The company reported quarterly earnings of $3.95
per share on revenue of $14.99 billion.

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Ford (F)

Shares of the automobile company fell 1.8% in premarket
trading after Ford posted a net loss of $827 million in July-September quarter.
The company cited supply chain issues and costs after dropping its autonomous
vehicle unit Argo AI.

Honeywell  (HON)

Honeywell gained 4.6% in premarket action after the company
exceeded earnings expectations for third quarter, on the back of strong growth
in advanced materials, commercial aerospace and building products businesses.

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Northrop Grumman (NOC)

Northrop Grumman lost 3.8% in the premarket after falling
short of revenue estimates for its most recent quarter. The defense company posted
a revenue of $8.97 billion, as against forecasts of 9.13 billion, according to
consensus estimates compiled by Refinitiv.

Comcast (CMCSA)

Shares of the telecommunications major rose 6.4% in
premarket action after Comcast reported quarterly earnings of 96 cents per
share on revenue of $29.85 billion.

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McDonald’s (MCD)

The fast-food giant’s stock added 2.5% in the premarket
after beating expectations in third quarter. McDonald’s said traffic is growing
in its US restaurants despite increasing prices, as compared to other
quick-service chains that recently hiked menu prices.

Align Technology (ALGN)

The Invisalign maker’s stock slumped 19.7% in premarket
trading after Align Technology released a disappointing earnings report. The company
posted earnings of $1.36 per share on revenue of $890 million.

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Sleep Number (SNBR)

Sleep Number plunged 26% in premarket trading after the
company issued a weak fourth quarter guidance, citing slow demand and semiconductor
supply chain issues.