Stocks making the biggest moves premarket: P&G, Exxon Mobil, Chevron, Caterpillar and others

Stocks making the biggest moves premarket: P&G, Exxon Mobil, Chevron, Caterpillar and others

(PG) – The consumer products giant rose 1.1% in the premarket after it beat estimates by 5 cents with quarterly earnings of $1.13, while revenue beat forecasts as well. P&G did warn of continuing inflation pressures as input costs rise. Separately, CEO David Taylor will step down in November after a 6-year run, to be replaced by Chief Operating Officer Jon Moeller. Taylor will become executive chairman. (XOM) – Exxon Mobil earned $1.10 per share for the second quarter, 11 cents above estimates, while revenue also beat Wall Street forecasts. Exxon benefited from an improved cost structure and better market conditions. (CVX) – Chevron rose 1.9% in premarket trading after it beat estimates by 12 cents with adjusted quarterly earnings of $1.71 per share. Revenue beat estimates as well, as oil prices rose and market conditions improved. (CAT) – Caterpillar fell 2% in the premarket, despite reporting better-than-expected profit and revenue in the second quarter. Caterpillar beat estimates by 20 cents with adjusted quarterly earnings of $2.60 per share, helped by a recovering global economy. (HOOD) – Robinhood stock remains on watch after sliding more than 8% in its debut Wall Street session. CEO Vlad Tenev told CNBC's Jim Cramer