Check out the companies that make headlines in front of the bell. NVIDIA – Artificial Intelligence Chip Dear Stocks fell about 2%, extending losses of 8.5% from the previous session. This is followed by the company, whose gross margin fell in the fourth quarter, and the revenue rate during that period was the smallest in two years. Chinese Stocks – U.S. President Donald Trump retaliated on March 4th on the latest threat to the U.S. president. On March 4, a 10% tariff was imposed on Chinese goods. E-commerce giant Alibaba fell more than 4%, while e-commerce giant PDD Holdings and Automaker and Automaker and Automaker and Automaker Nio Nio Nio was about 4%. Another automaker, Li Auto, glides around 5%. Dell Technologies – The company’s revenue of $23.93 billion in the fourth quarter fell nearly 7%. However, its adjusted EPS was $2.68, surpassing analysts’ expectations of $2.53 per share. Autodesk – the company’s highest fourth-quarter earnings estimate, with stocks up about 1%. During this period, Autodesk’s revenue was $1.64 billion adjusted EPS of $2.29, while analysts surveyed by LSEG expect revenue of $2.14 and $1.63 billion. However, the company also announced plans to lay off 1,350 employees, accounting for 9% of its workforce. Rocket Labs – The stock plunged more than 16% after the company provided guidance that exceeded expectations in the quarter. Rocket Lab predicts EBITDA losses between $33 million and $35 million, while analysts surveyed by LSEG are expected to lose $28 million. For revenue, the company is expected to be between $117 million and $123 million, below consensus estimates of $136 million. Duolingo – Shares of the online language learning platform fell about 9% according to FactSet, which was unpredictable after Duolingo provided guidance for adjusted EBITDA in the quarter. However, the company gave revenues that exceeded analyst consensus expectations in the fourth quarter. HP – Stocks fell 3% after HP released its second-quarter guidance that exceeded expectations, reflecting the cost of diversifying in supply chains outside China due to increased tariffs. HP expects earnings per share in the second quarter range of 75 cents to 85 cents, below the earnings per share estimated at 86 cents, according to FactSet. Otherwise, HP’s first-quarter revenue is slightly estimated, while revenue is coming. NETAPP – The tech stock sank 15% after the third quarter report showed soft revenue. Netapp reported revenue of $1.64 billion, lower than analysts’ expectations of $1.69 billion, according to LSEG. Adjusted EPS was $1.91, related to estimates, but the fourth-quarter guidance of $1.84 per share was below analyst forecasts, at $1.94 to $1.99 per share. Soundhound AI – Sound AI stock beat $33.7 million of analysts’ forecasts for FACTSET after Soundhound AI earned $34.5 million in the fourth quarter. The company also raised its full-year revenue guide to $157 million to $177 million, up from previous estimates of $155 million to $175 million. Crypto Stocks – Stocks related to Bitcoin prices retreated about 3% after the cryptocurrency retreat, hovering around the $80,000 level. Shares in Coinbase and Miner Mara Holdings fell nearly 3% respectively, while MicroStrategy fell more than 2%. Logitech International – Computer products stocks fell more than 3% after Bank of America downgraded to underperform. The investment firm said in a note that Logitech’s growth may struggle to meet expectations in some of its product segments, partly due to proposed U.S. tariffs. Walgreens – Shares of the drugstore chain fell about 3% after Deutsche Bank lowered its shares for sale. Wall Street said it was “exceptionally high level of uncertainty” around private transactions by Sycamore Partners. – CNBC’s Jesse Pound, Yun Li, Sarah Min, Lisa Kailai Han, Pia Singh and Michelle Fox contributed the report.
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