DEBORAH MARCHINI, CNN ANCHOR: Jen Rogers is at the Instinet, with a last look at what is moving in premarket trading -- Jen.</s>JEN ROGERS, CNN CORRESPONDENT: AOL Time Warner, the parent of this network, is definitely on the move. Volume is now over 60,000, and it has been a U-turn in the last 10 minutes for AOL shares. They were up more than $1, and are now down 45 cents, at $49. Intel shares also are actively traded. They are still up 70 cents, at $29.20, after the company posted second quarter earnings last night. And British Petroleum, BP, on reports that crude oil inventories are on the rise, is falling about 74 cents here. For more on what's happening before hours, let's head over to Sasha, at the Nasdaq.</s>SASHA SALAMA, CNN CORRESPONDENT: Thanks, Jen. Some other movers include Apple Computer. Apple is coming in with better-than-expected results after the close yesterday, but Apple is making some cautious comments about revenues in the second half of this year. AAPL is down $2.50. Veritas is down nearly 7 in the premarket, a big mover -- VRTS. Even though the company came in with in-line results, it did warn about the continuing tech slump and how it would affect results for the rest of the year. Back to Deb.</s>MARCHINI: Thank you so much, Sasha. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
Nasdaq/Instinet: AOL Time Warner, Intel Earnings Shake Markets