Cisco, Nike and Bilibili rise premarket; Walt Disney and Starbucks fall

Investing.com -- U.S. stock futures steadied Thursday after President Donald Trump signed a bill ending the longest government shutdown in U.S. history.

Here are some of the biggest premarket U.S. stock movers today:

• Cisco Systems (NASDAQ:CSCO) stock rose 7.2% after the U.S. networking gear provider raised its annual financial guidance, expecting a surge in demand for the equipment needed to underpin massive data center expansion sparked by the AI boom.

• Walt Disney (NYSE:DIS) stock dropped 2.9% after the entertainment giant posted a drop in group-wide revenue against a year ago to $3.48 billion, dented by weakness at its entertainment division.

• Starbucks (NASDAQ:SBUX) stock fell 0.2% after the union representing workers at the coffee giant launched a strike in at least 40 cities Thursday on Red Cup Day, one of the chain’s biggest sales days of the year.

• Alphabet (NASDAQ:GOOGL) stock fell 0.5% after the tech giant’s Google unit was hit with an EU antitrust investigation into its spam policy on Thursday following complaints from publishers who say it has hurt their revenues.

• Flutter Entertainment (NYSE:FLUT) stock fell 2.3% after the world’s largest sports betting and gambling company cut its full-year guidance, citing winning streaks from gamblers.

• Firefly Aerospace (NASDAQ:FLY) stock surged 22% after the space technology company posted stronger-than-expected revenue and projected sales above consensus.

• Nike (NYSE:NKE) stock gained 3% after Wells Fargo upgraded its stance on the sportswear giant to “overweight” from “equalweight”, saying it is “lacing up for liftoff.”

• Dollar Tree (NASDAQ:DLTR) stock fell 3% after Goldman Sachs downgraded the discount retailer all the way to “sell” from “buy”, saying that further upside now “gets harder.”

• Bilibili (NASDAQ:BILI) stock gained 2.2% after the Chinese video sharing website posted third-quarter income which surpassed estimates, as an uptick in user engagement powered improved advertising revenues.

• JD.com (NASDAQ:JD) stock rose 1.1% after the Chinese retail giant reported strong third-quarter results, posting earnings and revenue above expectations as its core retail division delivered solid year-on-year growth.

• Mersana Therapeutics (NASDAQ:MRSN) stock more than trebled after Day One Biopharmaceuticals (NASDAQ:DAWN), down 7.3%, agreed to buy the company, with the transaction, seen costing around $285 million, expected to be completed by the end of January.