Stocks making the biggest moves premarket: General Motors, 3M, Novartis, Nebius & more

Novartis shares jumped after Q2 core earnings and revenue beat estimates and management reiterated it remains on track for full-year guidance.

Likely continuation of premarket strength into the open, with volatility tied to any guidance interpretation.

The article cites specific beat figures and an explicit “remains on track” statement, which typically anchors expectations for the next trading session.

General Motors gained more than 1% after adjusted Q2 EPS and revenue beat LSEG expectations.

Moderate likelihood of follow-through buying at the open, though magnitude may fade if broader market turns.

The text provides a same-session earnings beat with quantified EPS and revenue versus consensus.

Domino’s Pizza shares fell after Q2 EPS missed consensus, despite revenue slightly beating expectations.

Potential for continued weakness at the open, with downside limited if revenue quality is viewed favorably.

The article explicitly attributes the move to the EPS miss versus LSEG consensus.

3M shares jumped more than 5% after Q2 results beat expectations and the company raised full-year guidance.

Likely strong open and potential momentum, with traders watching for any details behind the guidance raise.

The combination of beat plus explicit guidance increase is typically high-conviction for near-term repricing.

Taiwan Semiconductor Manufacturing shares popped after a report said the foundry will raise chipmaking services prices by up to 10% next year.

Sustained bid at the open is plausible, but could reverse if the report is viewed as non-binding or already priced.

The catalyst is attributed to Nikkei Asia sources, and the article does not confirm whether the change is finalized.

Crown Holdings climbed more than 2% after Q2 earnings and revenue beat analysts’ FactSet expectations.

Moderate chance of follow-through strength into the open.

The article provides quantified EPS and revenue versus consensus and ties the move directly to the beat.

Steel Dynamics dipped 1% despite an earnings beat, after posting an additional non-cash impairment charge of $16 million.

Likely choppy trading, with downside risk if investors focus on impairment magnitude rather than underlying earnings power.

The article explicitly states the stock fell and attributes it to the additional impairment charge.

Cracker Barrel Old Country Store gained more than 1% after raising expectations to achieve or exceed the high end of its revenue range and exceed adjusted EBITDA outlook.

Potential for continued strength at the open, especially if traders treat it as a meaningful raise.

The article includes specific forward-looking targets for fiscal 2026 and ties the move directly to that statement.