Stock Market Today: Dow Rises 700 Points On Inflation Data; Twitter Shares Suspended After Elon Musk Takeover - The Wall Street Journal

Apple: The iPhone maker reported record revenue in the September quarter, offering a bright spot during a challenging week of earnings reports from tech giants. Its shares nudged up 0.8% premarket.

Amazon: The e-commerce company projected sales in the current quarter would be far below expectations, sending its stock plunging 12% premarket.

Intel: The chip maker posted a 20% drop in third-quarter sales and lowered its full-year outlook. It has embarked on an aggressive cost-cutting push including targeted job cuts. Its shares gained 6.7% premarket.

Exxon Mobil, Chevron: Exxon Mobil reported its most lucrative quarter ever, while rival Chevron reported just a slight dip from the record haul it set in the prior quarter. Both stocks were up around 2% ahead of the bell.

Gilead Sciences: The drug maker's shares climbed 4.7% premarket after it reported third-quarter results that topped expectations and boosted its full-year profit and sales outlook.

T-Mobile US: The cellphone carrier logged its strongest jump in core phone subscriptions since its merger with Sprint. Shares added 3.1% premarket.

Capital One Financial: The financial services company's shares slid 3.5% premarket after it reported a profit decline for the recent quarter.

Pinterest: The online sharing platform swung to a loss in the third quarter, though its revenue exceeded analysts' forecasts and it said it expects revenue growth in the current period. Its shares jumped 11% off hours.

U.S. Steel: The steel maker beat earnings forecasts for the third quarter, though it also said it expects energy costs to remain high. Its shares edged down 1% premarket.

L3Harris Technologies: The defense contractor's shares fell 5.9% premarket after it lowered its full-year outlook, citing ongoing challenges stemming from supply-chain disruptions, labor-mobility issues and rising inflation.