Gold prices heading for weekly gains; import tariffs on gold bars?
Investing.com -- U.S. stock futures edged higher Wednesday in tight trading ranges, ahead of the release of minutes from the latest Fed meeting as well as eagerly-awaited earnings from tech giant Nvidia (NASDAQ:NVDA).
Here are some of the biggest premarket U.S. stock movers today:
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Macy’s (NYSE:M) stock rose 1.3% after the department store chain reported stronger than expected first-quarter results, while also lowering its full-year 2025 outlook to reflect the impact of tariffs, softer consumer discretionary spending, and increased promotional competition.
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Dick’s Sporting Goods (F:DKS) stock rose 1.3% after the sporting goods retailer reported better-than-expected first quarter results, with record sales and comparable store growth, while reaffirming its full-year 2025 outlook.
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Capri Holdings (NYSE:CPRI) stock fell 1.7% after the luxury fashion house reported a wider-than-expected loss for its fourth quarter as revenue declined.
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Okta (NASDAQ:OKTA) stock fell 9.5% after the identity management software company’s cautious guidance amidst economic challenges caused investor unease.
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Box (NYSE:BOX) stock rose 10% after the cloud storage company posted fiscal first quarter earnings and revenue that topped expectations, and issued better than expected second-quarter and full-year guidance.
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Vail Resorts (NYSE:MTN) stock surged 11% after the ski resort company announced that Rob Katz has returned to the CEO post, replacing Kirsten Lynch, who has stepped down as CEO and a director on the board.
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Stellantis (NYSE:STLA) stock fell 1% after the auto giant named Antonio Filosa, the Italian head of its North American operations, as its CEO, effective from June 23.
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Global Payments (NYSE:GPN) stock rose 1% after the payments company said it would sell its payroll business to financial technology firm Acrisure for $1.1 billion, marking its latest attempt at simplifying its business model.