By Fred Imbert
Publication Date: 2026-03-17 11:39:00
Check out the companies making the biggest moves premarket: Nvidia — The chipmaker traded slightly higher after CEO Jensen Huang said he expects orders for its Blackwell and Vera Rubin chips to reach $1 trillion through 2027. Delta Air Lines — Shares traded more than 4% higher after the company raised its first-quarter revenue growth guidance, calling for high single-digit expansion. The airline previously called for growth between 5% and 7% . Oil stocks — The group rose as crude prices resumed their march higher, with traders casting doubt around a U.S.-backed plan to escort tankers through the Strait of Hormuz. Exxon Mobil was up around 1%, while Occidental Petroleum gained 1.4%. The State Street Energy Select Sector SPDR ETF (XLE) also advanced 1%. Eli Lilly — The pharma giant fell 1.1% after an HSBC downgrade to reduce from hold. Analysts at the bank said the total market for obesity drugs seems “inflated.” They added: “We think Lilly shares are priced to perfection, are uncomfortable with working capital trends, and think medium-term earnings trends are optimistic.” Builders FirstSource — The building products stock ticked nearly 2% higher after a regulatory filing showed director Paul Levy bought 50,000 shares at $87.73 each. The shares were worth a combined $4.4 million at purchase time. Honeywell International — Shares fell nearly 1.5% after CEO Vimal Kapur said at an event that the U.S.-Iran war in the Middle East could have a “high-single digit”…
