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Stocks to Watch: Nvidia, Intuit, Meta

Dow Jones
2 hours ago

Intuit $(INTU)$: The company, known for its tax-preparation and accounting software, forecast slower sales growth in the year ahead as it navigates declines in its desktop business. Shares dropped more than 11% premarket.

Nvidia (NVDA): The artificial-intelligence bellwether reports earnings after the closing bell. Its shares inched up premarket.

Zoom Communications (ZM): The videoconferencing company's second-quarter revenue rose as its enterprise business recorded its strongest growth in years. Still, shares dipped more than 5% premarket after its guidance for the current quarter fell short of Wall Street expectations.

Meta Platforms (META): The tech giant and state attorneys general have discussed a possible mid-trial settlement of a case accusing Meta of making Facebook and Instagram addictive for young users, Bloomberg reported. Shares inched up premarket.

J.M. Smucker $(SJM)$ will report quarterly results this morning. Salesforce (CRM) and CrowdStrike (CRWD) will report after the closing bell.

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