Flutter Entertainment beats Q3 earnings estimate despite sports results impact
Investing.com -- U.S. stock futures rose Wednesday, with lawmakers in Washington poised to vote on a deal to end the longest-ever federal government shutdown.
Here are some of the biggest premarket U.S. stock movers today:
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Advanced Micro Devices (NASDAQ:AMD) stock rose 5.6% after the chipmaker unveiled long-term growth targets at its first financial analyst day in three years.
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Cisco Systems (NASDAQ:CSCO) stock rose 0.9% ahead of the networking gear provider’s results after the closing bell, which should be underpinned by the surge in enthusiasm for AI, which has fueled soaring hyperscale cloud investments and driven IT infrastructure financing.
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Alphabet (NASDAQ:GOOGL) stock gained 0.6% after the tech giant said that it will invest E5.5 billion euros ($6.41 billion) in Germany in the coming years in a push to expand its infrastructure and data centre capacity in Europe’s largest economy.
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Bill Com Holdings (NYSE:BILL) stock soared 12% following media reports that the financial software provider is exploring strategic options, including a potential sale.
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On Holding (NYSE:ONON) stock soared 8.3% after the Swiss sneaker brand lifted its full-year outlook following stronger-than-expected third-quarter results.
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Chevron (NYSE:CVX) stock rose 0.2% after the oil major said it plans to grow free cash flow by more than 10% annually through 2030 and increase oil and gas production, while further reducing costs and capital expenditure.
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Nebius (NASDAQ:NBIS) stock gained 0.9% after the AI cloud firm signed a deal worth about $3 billion with Meta to provide the Facebook owner with AI infrastructure over a five-year period.
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Clearwater Analytics (NYSE:CWAN) stock soared 8.6% after a report indicated that the software company is considering a potential sale after receiving takeover interest.