Stocks - Walmart, Home Depot and Kohl's Rise Premarket

By Peter Nurse 

Investing.com -- Stocks in focus in premarket trade on Tuesday, August 18th. Please refresh for updates.

• Walmart (NYSE:WMT) stock rose 0.7% after the retail giant posted its biggest-ever growth in online sales as consumers decided to shop from the safety of their homes during the Covid-19 pandemic.

• Home Depot (NYSE:HD) stock rose 1% after reporting a 23% jump in same-store sales in the second quarter, as consumers took on more home improvements while stuck at home.

• Kohls (NYSE:KSS) stock rose 0.6% after posting a smaller-than-expected quarterly loss, helped by an increase in its online sales increase following the lockdowns. 

• Oracle (NYSE:ORCL) stock rose 2.8% after the Financial Times reported Tuesday that the tech giant has held preliminary talks with TikTok's Chinese owner, ByteDance, and was considering buying the app's operations in the United States, Canada, Australia and New Zealand. 

• Boeing (NYSE:BA) stock fell 0.1% after saying that it would offer employees a voluntary layoff package with pay and benefits for the second time this year, attempting to cut costs as it battles a severe slowdown in global air travel.

• Amazon (NASDAQ:AMZN) stock rose 0.6% after the Wall Street Journal reported that the e-commerce giant is set to add 3,500 employees in six major cities, taking a bet on office-based work in the future.

• Chevron (NYSE:CVX) stock fell 1.2% despite reports the oil major plans to sign a deal to explore for oil in Iraq’s southern province of Dhi Qar.

• Tesla (NASDAQ:TSLA) stock rose 2.2%, continuing the sharp gains of over 30% over the last five days since announcing its plans for a 5-to-1 share split, making co-founder Elon Musk the world’s fourth-richest person.

• Zoom Video Communications (NASDAQ:ZM) stock rose 1.6% after the company said it has opened a new data center in Singapore, its first in Southeast Asia.

• Zoominfo (NASDAQ:ZI) stock dropped 3.4% after the sales and marketing software company filed for the sale of 12 million shares by selling stockholders. The company went public in early June.

• Carnival (NYSE:CUK) stock dropped 0.2% after the cruise operator said on Monday it had launched an investigation into a ransomware attack on one of its brand's information technology systems.

• Sea Ltd (NYSE:SE) stock climbed 7.1% after the internet platform provider posted a doubling of revenue in the second quarter, helped by strong growth at e-commerce platform Shopee and gaming arm Garena.

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