Fed’s favourite inflation gauge to be lowered by stats agency change

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Stocks making the biggest moves premarket: Biogen, Vertiv, GE HealthCare, Generac & more

Stocks making the biggest moves premarket: BIIB, VRT, GEHC, GNRC Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Check out the companies making the biggest moves premarket: Biogen Shares were up 0.7% after the biotechnology company beat Wall Street consensus estimates on revenue and earnings. The company also raised its full-year adjusted EPS guidance. Vertiv The AI infrastructure name tumbled 13% on mixed results for the second quarter. While earnings and revenue beat analyst expectations, Vertiv's revenue year-on-year organic growth of 17.8% was well below the FactSet consensus of 23.6%. Generac The power generator builder jumped 5.5% on better-than-expected earnings for the second quarter. Generac earned $2.91 per share, excluding certain items, beating a FactSet forecast of $2.01. per share. The company also reiterated its revenue growth guidance for the year. Procter & Gamble Shares dropped over 3% after the company's quarterly revenue missed analyst expectations . Procter's top line for the fiscal fourth quarter came in at $21.2 billion, just below an LSEG forecast of $21.38 billion. Net income also fell to $3.04 billion from $3.62 billion a year ago. GE HealthCare Technologies Shares were up 12% after the healthcare solutions provider reported second-quarterly adjusted earnings per share of $1.13, beating a FactSet consensus of $1.04 per share. The company also reaffirmed its full-year earnings guidance for 2026. Deutsche Bank The German banking giant rose more than 2% on the back of strong Q2 results. Deutsche Bank posted an after-tax profit of 1.9 billion euros, a record for the period. CFO Raja Akram told CNBC that all of the bank's businesses performed well during the quarter. General Dynamics Shares were up nearly 1% after the global aerospace and defense company beat Wall Street consensus estimates on revenue and earnings per share. The company's backlog was at $136.5 billion. Ford Motor Shares surged 6% after the automaker posted second-quarter adjusted earnings that beat expectations and hiked its 2026 earnings outlook. But the company's automotive revenue came in slightly below the expectations of analysts polled by LSEG. CoStar The real estate marketplace stock tumbled 15% after second-quarter revenue failed to meet the expectation of analysts surveyed by FactSet. CoStar also told investors to expect between $935 million and $945 million in current-quarter revenue, missing the consensus forecast of $967.5 million. Rocky Brands The apparel manufacturer surged 16% after reporting second-quarter earnings per share, excluding items, that more than tripled from the same period a year ago. The Ohio-based company said several brands saw strong double-digit growth rates and that it was aided by tariff refunds. PPG Industries The paint and glass manufacturer dropped around 1% after second-quarter earnings per share and adjusted EBITDA missed Wall Street analysts' estimates. However, PPG reaffirmed its full-year guidance for earnings per share. KLA Corp The manufacturer of wafer fab equipment slid 7% after the company issued disappointing guidance. KLA sees first-quarter adjusted earnings of $1.16 per share, plus or minus 10 cents, while the LSEG estimate called for $1.14...

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