Check out the companies making headlines before the bell:
Accenture — The tech stock jumped 8.6%. While Accenture missed earnings and revenue expectations in its latest quarter, according to FactSet, the information technology company posted more than $900 million in new generative AI bookings.
Trump Media & Technology Group — Shares tumbled nearly 12% after the company on Tuesday said that its registration of additional shares was declared effective by the Securities and Exchange Commission. The stock is down 36% so far this month.
Nvidia — The chipmaker rose more than 3%, extending gains from Tuesday when it surpassed Microsoft to become the most valuable public company.
Dell Technologies, Super Micro Computer — Shares jumped more than 4% each. Elon Musk said in a tweet posted to X that Dell and Super Micro Computer will be building the supercomputer for xAI, the artificial intelligence company Musk started in 2023.
Hewlett Packard Enterprise, Juniper Networks — Hewlett Packard Enterprise shares rose more than 2% after the U.K. government said it opened a probe into the software company’s acquisition of Juniper Networks. Shares of Juniper were up by more than 2%.
KB Home — The homebuilder advanced 2% after reporting a top and bottom line beat in the second quarter. KB Home earned $2.15 per share on $1.71 billion in revenue. Analysts surveyed by LSEG had forecast earnings of $1.80 per share and $1.65 billion in revenue. The company noted that net orders increased 2% from the prior year.
Advanced Micro Devices — Shares added about 1% after Piper Sandler called the semiconductor stock a top pick among large caps. The firm cited “bright prospects” for the company entering the second half of the year.
