Check out the companies making headlines in premarket trading: Walmart — The retailer slid 8% after issuing weaker-than-expected guidance. For fiscal 2026, Walmart sees earnings per share ranging between $2.50 per share and $2.60 per share. The company also said it would not be “immune” to effects from currently postponed tariffs on Mexico and Canada. Shake Shack — The fast-food chain saw shares jump 10.8% in premarket trading after the company posted stronger-than-expected quarterly earnings. Total revenue rose 14.8% year over year. The company also opened 19 new company-operated locations and nine new licensed Shacks during the quarter. Alibaba — Shares traded more than 11% higher after the Chinese e-commerce giant reported quarterly results that beat analysts’ expectations. Net income for the company came in at 48.945 billion yuan in the quarter that ended Dec. 31 on revenue of 280.154 billion yuan. Analysts polled by LSEG expected net income of 40.6 billion yuan on revenue of 279.34 billion yuan. Carvana — The online used cars retailer tumbled around 8% following mixed fourth-quarter results. Gross profit per unit for retail sales came in at $6,671, coming in below consensus estimates of $6,851, according to analysts polled by FactSet. Meanwhile, earnings of 56 cents per share and revenue of $3.55 billion topped analysts’ forecasts. Clearwater Analytics — The software stock surged 18% on the back of a strong earnings report. Clearwater Analytics saw 13 cents in earnings per share, excluding items, and $126.5 million in revenue for the fourth quarter. That exceeded respective predictions of 11 cents per share and $120.3 million from analysts polled by FactSet. Piper Sandler upgraded the stock to overweight from neutral following the report. Wayfair — The online furniture stock popped 4% on the back of fourth-quarter revenue that beat analysts’ expectations. The company’s top line came in at $3.12 billion, topping a FactSet estimate of $3.07 billion. Amplitude — The software stock soared 16.1% after posting 2 cents in earnings per share, excluding items, on $78.1 million in revenue for the fourth quarter. Analysts polled by FactSet penciled in 1 cent per share and revenue at $76.7 million. Baird upgraded the stock to outperform, citing the company’s quarterly results. Hasbro — The toymaker popped 1.1% after topping forecasts for the fourth quarter. Hasbro recorded 46 cents per share, excluding items, and $1.1 billion in revenue, ahead of the 34 cents in earnings per share and $1.03 billion in revenue predicted by analysts, per FactSet. BioMarin Pharmaceutical — The biotech stock climbed 7% on the back of a better-than-expected earnings report for the fourth quarter. BioMarin earned 64 cents per share on revenue of $747 million, while analysts polled by FactSet had predicted just 53 cents per share and $712 million in revenue. Klaviyo — The data technology stock dropped 6.8% after posting weak guidance for current-quarter operating income. Klaviyo said to expect between $25.5 million and $28.5 million, excluding items, missing the consensus forecast of $32 million from analysts polled by FactSet. However, the company exceeded expectations on both lines when reporting fourth-quarter earnings. Cheesecake Factory — The restaurant chain dipped 1% despite fourth-quarter earnings coming in ahead of Wall Street estimates. Cheesecake Factory earned $1.04 per share, excluding items, and recorded $921 million in revenue, above the forecasts of 92 cents in earnings per share and $913 million in revenue, per analysts surveyed by LSEG. Builders FirstSource — The building materials company pulled back 4.5% after posting $3.82 billion in fourth-quarter revenue, which came in under the consensus forecast of $3.89 billion from analysts polled by FactSet. Earnings per share, on the other hand, came in higher than forecast by the Street. Palantir Technologies — The data processing stock slid 3.8% in Thursday’s premarket, building on the 10% drop seen in the prior session. Shares came under pressure after The Washington Post reported that Defense Secretary Pete Hegseth had told Pentagon officials to prepare to cut the U.S. defense budget by 8% annually over the next five years. Elsewhere on Wednesday, Palantir unveiled a new stock trading plan. — CNBC’s Fred Imbert, Hakyung Kim, Yun Li, Jesse Pound and Sarah Min contributed reporting.
