© Reuters.
By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Friday, March 3rd. Please refresh for updates.
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Tesla (NASDAQ:) stock rose 1.8% after data released Friday showed that the electric car manufacturer sold 74,402 China-made electric vehicles in February, up 12.6% from January, and 31.65% higher from a year earlier.
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Dell Technologies (NYSE:) stock fell 3.7% after the computer hardware maker offered up a soft FY24 outlook, overshadowing positive and a hiked dividend.
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Costco (NASDAQ:) stock fell 2.5% after the big box retailer posted disappointing as consumers are limiting their spending on discretionary items because of the continued high inflation.
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Zscaler (NASDAQ:) stock fell 12% after the cloud security computer announced it planned to lay off around 3% of its workforce due to the difficult macroeconomic situation.
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ChargePoint (NYSE:) stock fell 11.6% after the electric vehicle infrastructure maker a wider-than-expected quarterly loss, while sales also disappointed.
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Marvell (NASDAQ:) stock fell 10.4% after the semiconductor company posted disappointing guidance for the fiscal first quarter, citing inventory corrections.
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Hewlett Packard Enterprise (NYSE:) stock rose 2.8% after the tech company raised its annual outlook after reporting fiscal that topped estimates.
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Procter & Gamble (NYSE:) stock rose 1% after JPMorgan upgraded its stance on the consumer goods company to 'overweight' from 'neutral', saying the company can generate superior earnings during an economic downturn.
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C3.ai (NYSE:) stock rose 16% after the provider of artificial intelligence software posted better-than-expected , with CEO Thomas Siebel seeing a "dramatic change" in sentiment.
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