AT&T, American Airlines, Blackstone and more

Check out the companies making headlines before the bell:

AT&T (T) – AT&T rose 2.4% in premarket after reporting better-than-expected third-quarter earnings and revenue. The company said wireless revenue rose 5.6%, the best quarterly improvement in more than a decade, and net postpaid phone additions were higher than expected.

American airlines (AAL) – American Airlines beat third-quarter revenue and net income estimates as travel demand continued to rise despite economic worries. US stocks jumped 2.6% in premarket trading.

black stone (BX) – Blackstone added 1% in premarket action after better-than-expected quarterly results. Distributable income fell 16% from a year ago, partly due to the market decline.

Dow Inc. (DOW) – The chemical maker’s stock fell 2.5% pre-market, despite higher third-quarter revenue and net income as investors focused on rising production costs. energy that hurt Dow’s profit margins.

You’re here (TSLA) – Tesla fell 5.3% in premarket trading after reporting quarterly revenue below expectations and lowering its full-year delivery target. The electric vehicle maker reported better-than-expected earnings for the quarter.

IBM (IBM) – IBM rose 3.3% in after-hours trading after announcing higher and lower revenue for its latest quarter and raising its full-year revenue outlook. IBM saw improved results in several business segments, including software, consulting and infrastructure.

Las Vegas Sands (LVS) – Las Vegas Sands posted a bigger-than-expected third-quarter loss as revenue beat analysts’ forecasts. The casino operator’s results are still impacted by China’s Covid-19 policies, which are holding back business in Macau. However, shares of Las Vegas Sands rose 1% in premarket trading.

Allstate (ALL) – Allstate fell 10.3% premarket after the insurance company said it would report a third-quarter loss. Catastrophe losses will increase in the quarter, primarily due to the impact of Hurricane Ian, which hit in September.

WD-40 (WDFC) – WD-40 slid 6.3% in premarket stock after saying inflation would affect the lubricant maker’s ability to meet its 55% gross margin target.

Alcoa (AA) – Alcoa shares fell 10.7% premarket after the aluminum maker reported an unexpected third-quarter loss. Lower aluminum prices and higher costs affected Alcoa’s results.

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