U.S. stock futures ticked higher on Wednesday as investors geared up for quarterly earnings from artificial intelligence-darling Nvidia (NASDAQ:NVDA).
Here are some of the biggest premarket U.S. stock movers today:
- Nvidia (NASDAQ:NVDA) shares rose. The semiconductor giant is tipped to post overall fourth-quarter revenue of $38.25 billion, including $34.06 billion in sales at its crucial data center business, according to Bloomberg consensus estimates. For the first quarter, the company is expected to guide for a top-line total of $42.26 billion.
- Super Micro Computer (NASDAQ:SMCI) surged in premarket trading after the company filed its delayed financial reports. The filings will keep the group compliant with Nasdaq index requirements.
- Lowe’s Companies Inc (NYSE:LOW) reported fourth-quarter adjusted earnings per share that topped consensus estimates, as the home improvement chain said it was boosted by its strategy to increase market share by selling to both retail and professional customers. Shares in the group advanced.
- Workday (NASDAQ:WDAY) shares surged more than 12% after the AI-powered enterprise management platform reported fourth-quarter earnings and revenue that exceeded analyst expectations, while also providing robust guidance for the upcoming fiscal year.
- Shares in power and electrical companies like SES AI (NYSE:SES) and NANO Nuclear Energy (NASDAQ:NNE) gained following a report that Facebook-owner Meta Platforms (NASDAQ:META) was in talks to build a new data center campus for its AI projects.
- Global payments group Flywire 's (NASDAQ:FLYW) stock price sank after it posted weaker-than-anticipated fourth-quarter revenue.
- Lucid Group (NASDAQ:LCID) announced that CEO Peter Rawlinson is stepping down after more than five years in the role. The electric vehicle maker also projected that car production will more than double this year. Shares were lower, erasing earlier gains.
- Axon (NASDAQ:AXON) shares soared following a better-than-anticipated 2025 forecast from the manufacturers of Tasers and body cameras.
- Shares in Intuit (NASDAQ:INTU) jumped after the TurboTax maker unveiled third-quarter revenue that topped estimates.
