Stocks making the biggest premarket moves: Nvidia, Best Buy, Snowflake, Carnival and more

Check retired the companies making the biggest moves successful premarket trading Thursday.

Nvidia — Shares soared 28% aft the chipmaker reported blockbuster earnings. Nvidia said it expected a "giant grounds year" and guided for income of $11 cardinal successful the 2nd quarter, much than 50% higher than analysts' estimates.

Best Buy — Shares of the electronics retailer gained astir 5% successful premarket trading aft the institution posted first-quarter net of $1.15 per stock excluding items, topping the $1.11 expected by analysts, according to Refinitiv. Revenue of $9.47 cardinal came successful beneath the anticipated $9.52 billion.

Snowflake — The unreality computing institution slid astir 13% pursuing the company's weaker-than-expected gross guidance for the 2nd quarter. However, Snowflake bushed analysts' estimates for first-quarter net and gross erstwhile it reported aft the doorbell Wednesday, according to Refinitiv.

American Eagle Outfitters — The banal shed astir 20% successful premarket trading aft the retailer said it expects second-quarter gross to fall. American Eagle Outfitters besides posted first-quarter net per stock successful enactment with estimates and gross somewhat supra expectations.

Carnival — The cruise enactment added 2.3% pursuing an upgrade to bargain from neutral by Citi. The steadfast said Carnival is astatine a turning constituent connected its equilibrium expanse astatine a clip erstwhile investors look much funny successful the cruise space.

Dish Network — Shares slipped 2.7% successful the premarket aft being downgraded by Citi to neutral from bargain Wednesday. The Wall Street steadfast cited Dish's important superior needs combined with the driblet successful marketplace worth of its securities.

Dollar Tree — Shares of the discount retailer fell 11% successful premarket trading aft Dollar Tree reported shrinking margins for the archetypal quarter. Gross nett fell 4.7% adjacent arsenic nett income roseate 6.1%. The company's first-quarter adjusted net per stock of $1.47 was beneath expert estimates of $1.52, according to StreetAccount.

C3.ai, Palantir Technologies — The AI stocks rallied connected the backmost of Nvidia's earnings, with C3.ai popping 14% and Palantir Technologies gaining astir 10%.

Advanced Micro Devices, Taiwan Semiconductor — The semiconductor stocks followed Nvidia higher successful premarket trading, with AMD adding astir 9% and Taiwan Semiconductor up astir 7%.

— CNBC's Alex Harring, Tanaya Macheel and Jesse Pound contributed reporting.