Stocks making the biggest moves premarket: UnitedHealth, TSMC, GE Aerospace, J.B. Hunt & more

Check out the companies making the biggest moves in premarket trading: UnitedHealth — Shares rose more than 7% in early trading after the health insurance giant posted b etter-than-expected results for the second quarter. The company earned an adjusted $6.38 per share on revenue of $112.03 billion. Analysts polled by LSEG expected a profit of $4.90 per share on revenue of $110.85 billion. UnitedHealth also hiked its full-year earnings outlook. Taiwan Semiconductor Manufacturing — The chipmaker shed 4%. While TSMC’s second-quarter earnings beat estimates, it raised its full-year capital expenditures to between $60 billion and $64 billion versus its prior guidance of high end of the range $52 billion to $56 billion. The company also announced it will invest an additional $100 billion in Arizona. AtaiBeckley — The psychedelic drugmaker jumped 34.5% after Eli Lilly said it will buy it for $2.8 billion . That translates to $6.75 per share in cash, which is 26% higher than AtaiBeckley’s Wednesday close of $5.36 per share. Eli Lilly could pay up to an additional $2.50 per share if AtaiBeckley’s drugs meet certain milestones. Shares of Eli Lilly were up fractionally. GE Aerospace — Shares dropped 4% despite the company’s second-quarter earnings and revenue beat. GE Aerospace reported adjusted earnings of $2.02 per share on revenue o …

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