Amazon, Snap, Pinterest fall premarket; Intel, Exxon rise By

-- Stocks in focus in premarket trade on Hong Kong Stock Exchange RMB dual counter transactionsFriday, April 28th. Please refresh for updates.

• Amazon(NASDAQ:) stock fell 3.4% after the tech giant of a slowdown at its crucial cloud-computing division Amazon Web Services - a major driver of the group's overall profit.

  

• Intel(NASDAQ:) stock rose 6.1% after the chipmaker said gross margins will improve in the second half of the year, after the largest quarterly loss in the company’s history.

• Snap(NYSE:) stock slumped over 18.1% after the company, which owns photo messaging app Snapchat, quarterly revenue expectations as changes to its advertising platform hurt demand for ads.

• Pinterest(NYSE:) stock fell 13% after the forecast second quarter revenue growth below expectations, hit by a pullback in advertising spending.

• (NYSE:) stock rose 0.8% after the oil giant a record first quarter profit as rising oil and gas output overcame a pullback in energy prices from high levels.

• (NYSE:) stock fell 0.3% after the reported strong in the first quarter but its upstream business - responsible for oil and gas production - saw its income slip.

• (NYSE:) stock fell 3% after the Japanese conglomerate forecast its profit will slip from a record high as weaker financial services sales offset gains from gaming, music, and movies.

• (NYSE:) stock rose 4.4% on reports that the U.S. government is coordinating urgent talks to rescue the beleaguered lender.

• Cloudflare(NYSE:) stock fell 24% after the cloud services provider weaker-than-expected first quarter revenue and issued a downbeat full-year forecast.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!