Check out the companies making headlines before the bell. Nvidia — The graphics processing unit manufacturer popped 6% after fiscal first-quarter adjusted earnings of 96 cents per share exceeded the 93 cents analysts polled by LSEG had expected. Nvidia’s revenue of $44.06 billion also beat forecasts of $43.31 billion. Other chip stocks rallied in sympathy. Shares of Marvell Technology surged 5%. Broadcom and Advanced Micro Devices each added 3%, while Intel and Taiwan Semiconductor Manufacturer added 1%. Best Buy — The electronics retailer slipped 2% after lowering its full-year guidance for sales and adjusted earnings per share. Best Buy’s CFO said the reduced outlook was due to tariffs, and the company also missed quarterly revenue expectations. Tariff-exposed stocks — Stocks with substantial exposure to tariffs advanced after the U.S. Court of International Trade on Wednesday blocked President Donald Trump’s reciprocal tariffs and ordered the administration to stop collecting them. Shares of Nike and Deckers Outdoor rose 2%, while Lululemon Athletica and Dollar Tree added 1%. C3.ai — The enterprise artificial intelligence company surged 14% after a narrower-than-expected fiscal fourth-quarter loss of 16 cents per share, less than the 20-cent loss analysts polled by FactSet had estimated. Revenue of $108.7 million exceeded the anticipated $107.8 million. Veeva Systems — The cloud-computing company jumped 14% after first-quarter adjusted earnings of $1.97 per share and revenue of $759 million topped the $1.74 and $728.4 million analysts polled by FactSet had estimated. E.l.f. Beauty — The beauty stock soared 9% after fiscal fourth-quarter earnings and revenue beat analyst estimates, although the company withheld its full-year outlook due to tariff uncertainty. E.l.f. also plans to acquire Rhode, Hailey Bieber’s beauty brand, in a deal worth up to $1 billion . Other cosmetics and skincare stocks rose in tandem, with shares of Estée Lauder and Coty up 2%. Ulta Beauty added 1%. Agilent Technologies — The life sciences solutiequipment maker added 6% after fiscal second quarter revenue and net income beat analysts’ estimates. Agilent also raised its full-year revenue guidance to $6.73 billion to $6.81 billion from $6.68 billion to $6.76 billion. The consensus among analysts was $6.73 billion, according to FactSet. Salesforce — The customer relations management software maker’s shares rose slightly as investors welcomed upbeat fiscal first-quarter results and guidance . Earlier this week, Salesforce agreed to pay $8 billion for data management software maker Informatica, its largest deal since buying Slack in 2021. United Airlines , JetBlue — United Airlines and JetBlue gained 2% and 1%, respectively, after the companies announced a deal called Blue Sky that would allow customers of either airline to earn frequent flyer miles on the other. Through the partnership, United Airlines will return to New York’s John F. Kennedy International Airport, which it left in 2015. HP — The personal computer maker fell 10% after second-quarter earnings missed analyst expectations. HP also guided for adjusted earnings of between 68 cents to 80 cents per share in its current quarter, missing the average analyst estimate of 90 cents, according to LSEG. SentinelOne — Shares tumbled 13% after the cybersecurity company said second-quarter revenue would total some $242 million, missing the $244.9 million consensus analyst forecast, according to FactSet. SentinelOne’s full-year revenue guidance of between $996 million to $1.001 billion also missed a $1.01 billion consensus estimate. Southwest Airlines — Shares popped 2% after Deutsche Bank upgraded the carrier to buy from hold. As catalysts, analyst Michael Linenberg pointed to Southwest’s refreshed board of directors and current strategic initiatives that should drive revenue and improve the company’s return on invested capital. Cleveland-Cliffs — The steelmaker was little changed in the wake of a downgrade from Jefferies to hold from buy after sliding 7% Wednesday. Analyst Christopher LaFemina said that Nippon Steel’s acquisition of U.S. Steel would hurt other major U.S. producers. Synopsys — Shares rallied 4%, after a federal court blocked President Donald Trump’s reciprocal tariffs . Earlier, the chip stock had fallen after a Financial Times report said the White House told U.S. semiconductor companies to stop selling to customers in China . Burlington Stores — The department 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. Kohl’s — Shares rose 6% after the clothing retailer lost 13 cents per share in its first quarter, half the 26-cent loss per share analysts had expected, according to LSEG. The company’s $3.05 billion revenue beat estimates that called for $3.02 billion. — CNBC’s Yun Li, Sarah Min and Jesse Pound contributed reporting.
