Stocks making the biggest moves before the market: Boeing, AT&T, and more

Check out the companies making headlines before the bell.

Boeing Boeing shares fell about 1.7% in the primary market after the aircraft maker It recorded profits and revenues that exceeded expectations, although demand rebounded. The company cited labor and supply shortages for the disappointing numbers.

News CorporationAnd Fox News – Shares of News Corp and Fox News rose 4.9% and 1.8%, respectively, after Rupert Murdoch Plans lagging behind for the merger The two companies, a proposal met with opposition from shareholders.

AT&T Shares rose 1.8% after the telecom giant’s fourth-quarter report was released on Wednesday, which showed an increase in subscribers but projected lower-than-expected annual profit.

Microsoft Microsoft shares fell about 3 percent after the software giant shared a dismal forecast for revenue for the current quarter. technology pioneer topped up Earnings Outlook But it said new business growth slowed in December, including within the Azure segment.

omnicom Shares of the global media company fell 3% after it was revealed that BlackRock Inc. In addition to her stake in the company, which now owns 9.4% of the shares.

SonronAnd The power of the sun Solar energy companies both fell more than 3% after Barclays downgraded them due to a potential slowdown in solar demand. Sunrun was downgraded to equal weight from overweight, while SunPower was downgraded to underweight from equal weight.

Enphase Shares fell 4% after Piper Sandler was downgraded to neutral from Buy. The company indicated a possible reset in the US residential solar market in 2023, while still acknowledging that the company has a strong product, management and positioning.

One capital – The financial stock fell 2.3% after Capital One announced disappointing quarterly results. The company generated $3.03 per share on revenue of $9.04 billion. Analysts polled by StreetAccount had expected earnings of $3.87 per share on revenue of $9.07 billion. Net interest income also missed expectations.

Intuitive surgery The manufacturer of robotic surgical systems suffered a 9% drop after the company reported fourth-quarter earnings and revenue that came in just below expectations. The company cited the resurgence of Covid-19 in China which negatively affected action volumes in the region.

F5 Shares of the web application security company fell 3.7% after F5 reported fourth-quarter revenue that missed analyst expectations and issued weaker-than-expected earnings guidance for the second quarter.

— CNBC’s Alex Harring, Samantha Subin, Tanaya Machel, Carmen Reinicke and Michelle Fox Theobald contributed reporting.