Check out the companies making the biggest moves in premarket trading: PepsiCo — The snack and beverage giant posted first-quarter results that beat analyst expectations, sending the stock 1% higher. PepsiCo earned an adjusted $1.61 per share on revenue of $19.44 billion. Analysts polled by LSEG expected a profit of $1.55 per share on revenue of $18.94 billion. Taiwan Semiconductor Manufacturing — The chipmaker slipped 1.7% despite posting an earnings and revenue beat for its first quarter. PPG Industries — The paint and coating manufacturing company advanced 6% after announcing a global price increase of up to 20% across its portfolio. The company said that the price hike was already in progress. PPG cited volatility in the petrochemical, energy and transportation markets driving up costs in raw materials and packaging across its value chain as a catalyst for these price increases. Voyager Technologies — The space tech firm jumped 7% after NASA selected it for its seventh private astronaut mission to the International Space Station. The mission is expected to launch no earlier than 2028. SL Green Realty — Shares slipped 2% after the real estate investment trust reported first-quarter funds from operations of 84 cents per share, compared to $1.40 per share this time last year . Its net rental revenue of roughly $166 million exceeded the $144.5 million the firm reported in the first quarter of 2025, however. Travelers Companies — Shares fell 1.5% despite the company delivering an earnings and revenue beat in its first quarter report. The insurance company reported earnings of $7.71 per share and $11.92 billion in revenue, better than estimates of $7.07 in earnings per share and revenue of $10.72 billion, according to analysts polled by FactSet. J.B. Hunt Transport Services — The transportation stock rose 1% after the company reported first-quarter earnings of $1.49 per share, beating the $1.44 per share FactSet consensus estimate. J.B. Hunt’s operating revenue of $3.06 billion also exceeded the expected $2.96 billion. Charles Schwab — The broker and financial services provider’s first-quarter revenue of $6.48 billion fell short of the LSEG consensus estimate of %6.5 billion, sending shares 1% lower. Schwab’s adjusted earnings, however, topped expectations. Flutter Entertainment — The parent of online gambling platform FanDuel dropped roughly 3% after being downgraded at Citi to sell from buy. The firm said it has less conviction in Flutter’s growth prospects in the U.S. U.S. Bancorp — The regional bank lost 1%. U.S. Bancorp reported first-quarter earnings that beat analyst estimates but its net interest income and net interest margin fell short. The company’s net interest income came in at $4.26 billion, versus the $4.27 billion expected from analysts polled by FactSet. — CNBC”s Lisa Kailai Han, Davis Giangiulio and Fred Imbert contributed reporting.
