Premarket movers: Nvidia is outperforming fellow Mag 7 stocks, rising 1.8%, ahead of its much-anticipated first-quarter results report after the market closes. Fellow chip stocks are also gaining (Tesla +1%, Alphabet +0.3%, Amazon +0.2%, Meta Platforms +0.2%, Apple -0.2%, Microsoft -0.4%) 8x8 (EGHT) jumps 17% after the software company reported fourth-quarter results that beat expectations. Cava Group Inc. (CAVA) is up 7.1%. The company raised its annual sales outlook after diners flocked to its restaurants in the first quarter, defying the crunch in consumer budgets that has weighed on the industry. Keysight Technologies (KEYS) is up 2.3% after the measurement instruments company reported second-quarter results that beat expectations and gave a third-quarter forecast that is above the analyst consensus. Toll Brothers (TOL) rises 2.3% after the luxury homebuilder reported second-quarter profit that beat analysts’ estimates and raised its full-year guidance.(zerohedge)