AMC News: AMD, Starbucks, Estée Lauder fall premarket; Eli Lilly, Kraft Heinz rise - 3rd May 2023, 6:06pm

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Investing.com -- Stocks in focus in premarket trade on Wednesday, May 3rd. Please refresh for updates.

Starbucks (NASDAQ:SBUX) stock fell 4.4% after the coffee chain decided against lifting its 2023 guidance even after beating quarterly profits, powered by a sharp recovery in business in China.

Advanced Micro Devices (NASDAQ:AMD) stock fell 7.6% after the chipmaker forecast quarterly sales below estimates due to a weak PC market.

Ford (NYSE:F) stock fell 1.2% after the auto giant announced it...

>>> Read more: AMD, Starbucks, Estée Lauder fall premarket; Eli Lilly, Kraft Heinz rise
 
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