Check out the companies making the biggest moves in premarket trading: Wells Fargo \u2014 Shares tumbled 6% after the bank reported $11.92 billion in net interest income for the second quarter, a 9% year-over-year decline . Analysts polled by FactSet were expecting $12.12 billion in net interest income. Wells Fargo also reiterated its full-year forecast of a 7% to 9% decrease in net interest income. JPMorgan Chase \u2014 The bank slipped 1.6% despite reporting a revenue beat for the second quarter. Revenue came in at $50.99 billion, versus the $49.87 expected from analysts polled by LSEG. Earnings were $4.40 per share, which may not compare with the consensus estimate of $4.19 per share. The shares are up nearly 22% already this year. Tesla \u2014 Shares dropped 1.2%, adding to the 8.4% decline in the previous session. On Friday, UBS downgraded the stock to sell from neutral, a day after a report that Tesla’s robotaxi event was pushed back to October from August. Bloomberg News, citing sources, said Thursday the delay would give the teams more time to build prototypes. AT & T \u2014 The telecom stock fell more than 2% after disclosing that customer data was illegally downloaded from a third-party platform. AT & T said that the data includes records of calls and texts for nearly all customers over a six-month period in 2022. Carvana \u2014 Shares of the used car seller added 1.3% after BTIG initiated coverage of the stock at a buy rating. The firm believes Carvana is uniquely positioned against its industry peers and said investors “shouldn’t overlook” the opportunity. Fastenal \u2014 The industrial stock gained 2.2% after Fastenal posted second-quarter revenue of $1.92 billion that topped the FactSet consensus estimate of $1.91 billion. Per-share earnings of 51 cents came in line with expectations. \u2014CNBC’s Sarah Min, Jesse Pound and Pia Singh contributed reporting.<\/span><\/span><\/span><\/span><\/p>\n<\/div>\n<\/div>\n Source: www.cnbc.com<\/p>\n","protected":false},"excerpt":{"rendered":" Check out the companies making the biggest moves in premarket trading: Wells Fargo \u2014 Shares tumbled 6% after the bank reported $11.92 billion in net interest income for the second quarter, a 9% year-over-year decline . Analysts polled by FactSet were expecting $12.12 billion in net interest income. Wells Fargo also reiterated its full-year forecast…<\/p>\n","protected":false},"author":1,"featured_media":82978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"WB4WB4WP_MODE":"","WB4WP_PAGE_SCRIPTS":"","WB4WP_PAGE_STYLES":"","WB4WP_PAGE_FONTS":"","WB4WP_PAGE_HEADER":"","WB4WP_PAGE_FOOTER":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[78],"tags":[],"class_list":["post-82977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\n