PRISM Stocks making the biggest moves premarket: Nvidia, E.l.f. Beauty, HP, Burlington Stores and more

2025-05-29 10:30:41 ET

Discover the stock market movers making waves before the trading bell rings.

Nvidia leads the charge after surpassing expected earnings, resulting in a 6% surge. Shares of Marvell Technology surged 5%. Broadcom and Advanced Micro Devices each added 3%, while Intel and Taiwan Semiconductor Manufacturer . Despite Best Buy downgrading about 2% its yearly forecast, electronics stocks remain in focus.

With international trade making headlines, tariff-exposed stocks like Nike and Deckers Outdoor gain 2%. While Lululemon America and Dollar Tree added 1%.

Meanwhile, the tech sector sees significant movement-- C3.ai and Veeva Systems both achieving remarkable gains thanks to better-than-expected earnings. Beauty giant E.l.f. Beauty rides high on strong quarterly results and acquisition news of Hailey Bieber's brand, causing allied stocks to rise 9 %. Other cosmetics and skin care stocks gained as well, such as Estee Lauder and Ulta Beauty added 1%.

The Burlington Coat Factory store chain jumped 7% after first-quarter earnings of $1.67 per share, ex-items, topped analysts' estimnate of $1.43, according to FactSet. Burlington's revenue of $2.50 billion was below the $2.53 billion analysts had penciled in.

Healthcare and life sciences are not left out as Agilent Technologies raises 6% and its outlook amidst positive results. In strategic business moves, Salesforce's acquisition of Informatica sends its shares upward, while United Airlines and JetBlue's partnership promises new travel incentives.

On the downside, HP faces a setback with earnings falling short, and cybersecurity firm SentinelOne warns of lower revenue. Southwest Airlines , however, enjoys a lift after an analyst upgrade, while Cleveland-Cliffs remains stable despite industry challenges.

Watch these dynamic shifts closely as they shape market trends and set the stage for future opportunities. Stay informed and make strategic investment decisions in this ever-evolving market landscape.

The post PRISM Stocks making the biggest moves premarket: Nvidia, E.l.f. Beauty, HP, Burlington Stores and more appeared first on PRISM MarketView .

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