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Publication Date: 2026-02-26 12:23:00
Check out the companies making the biggest moves in the premarket: J.M. Smucker — The food stock popped 7% on better-than-expected fiscal third-quarter results. Smucker earned $2.38 per share, excluding certain items, on revenue of $2.34 billion. Analysts polled by FactSet expected a profit of $2.27 per share on revenue of $2.32 billion. Qnity — Shares of the solutions and materials provider for semiconductors jumped more than 3.5% after an earnings and revenue beat. Qnity also issued better-than-expected earnings guidance for full-year 2026 and in-line revenue projections. The company on Thursday also announced a multiyear plan, which includes goals to boost productivity through automation and artificial intelligence tools. Nvidia — Nvidia reported strong earnings and revenue for the fiscal fourth-quarter , leading shares to add more than 1%. Nvidia reported adjusted earnings of $1.62 per share, while analysts expected $1.53 per share, according to LSEG. The chipmaker’s revenue of $68.13 billion for the period also exceeded the $66.21 billion estimated, driven by significant growth in its core data center business. Snowflake — Shares of the software company slipped 0.4%. Snowflake said that its first-quarter product revenue would range between $1.262 billion and $1.267 billion, just slightly higher than the FactSet consensus call for $1.26 billion. Trade Desk — Shares of the advertising tech company plunged 16% after Trade Desk called for first-quarter adjusted…
