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Summarize this content to 2000 words in 6 paragraphs Check out the companies making headlines in premarket trading. JPMorgan — The bank slipped 2.4% despite beating expectations on both lines and reporting lower credit costs than anticipated. However, the bank said net interest income, a key measure of what it makes through lending activities, could be somewhat short of what Wall Street analysts are expecting in 2024. CEO Jamie Dimon also warned about persistent inflationary pressures weighing on the economy. Wells Fargo — Wells Fargo shares vacillated after reporting first-quarter earnings , but were recently up less than 1%. The bank topped Wall Street’s expectations on the top and bottom lines, but reported a decline in net interest income. Citigroup — Shares rose more than 2% after the bank posted $21.1 billion in revenue , which was higher than analysts’ expectations of $20.4 billion, according to LSEG. BlackRock — The investment manager advanced 2% on the heels of a better-than-expected quarterly report. Blackrock saw $9.81 in earnings per share, excluding items, on $4.73 billion in revenue, while analysts polled by LSEG had forecasted $9.35 and $4.68 billion, respectively. Globe Life — The insurer jumped about 9% in Friday’s extended trading, rebounding after tumbling more than 50% in the prior session. Thursday’s sell off followed a report from short-seller Fuzzy Panda Research , in which the firm alleged multiple occurrences of insurance fraud and said it took a short position in the stock. Paramount — Shares slipped around 1% after the media company proposed having seven directors , a decrease from 11. That comes amid reports that Paramount is in merger talks with Skydance. Mobileye — Shares gained 2% after Wolfe Research upgraded the autonomous vehicle technology company to outperform from peer perform and said that after a steep decline to start the year, much of its downside risk is behind it. Gitlab — Shares moved 2.5% higher following an upgrade to outperform from market perform at Raymond James. The firm sees durable growth and improvement in profitability ahead for the software company. Corteva — Shares pulled back by 2.6% on the heels of a downgrade by JPMorgan to neutral from overweight. JPMorgan said the agriculture chemical company’s stock is not looking attractive ahead of first-quarter earnings. Ciena — Shares dipped 1.3% after Citi initiated coverage of the stock with a sell rating, saying the AI opportunity for the networking systems company is further out than investors are expecting. The firm’s $44 target represents roughly 7% downside for the stock from Thursday’s close of $47.10. — CNBC’s Tanaya Macheel, Samantha Subin, Sarah Min and Michelle Fox contributed reporting

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