Stocks making the biggest moves premarket: Qualcomm, Strategy, Align, Estee Lauder and more

by | Feb 5, 2026 | Financial

Check out the companies making the biggest moves in premarket trading: Qualcomm — The chipmaker sank nearly 11% as a global memory shortage hurt its forecast . Qualcomm expects fiscal second-quarter adjusted earnings of between $2.45 and $2.65 per share on revenue of $10.2 billion to $11 billion. Analysts polled by LSEG were expecting $11.11 billion in sales and earnings of $2.89 per share. Estee Lauder — The cosmetics company tanked 12% following its second-quarter financial results. Estee Lauder reported adjusted earnings of 89 cents per share, topping the 84 cents expected from analysts polled by LSEG. Its revenue of $4.23 billion was in line with expectations. The company also raised its full year earnings guidance to $2.05 to $2.25 per share, versus the $2.16 consensus estimate. Carrier Global — Shares shed 6.6% after the company missed on both the top and bottom lines. Carrier Global’s fourth-quarter adjusted earnings came in at 34 cents per share, versus the 36 cents consensus estimate per FactSet. Revenue was $4.84 billion, compared to the $4.98 billion expected from analysts. Align Technology — The maker of Invisalign popped 2.7% after posting fourth-quarter results that beat on the top and bottom …

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