Investing.com -- U.S. stock futures edged lower Tuesday, with investors acting cautiously ahead of the release of a barrage of economic data which will provide more cues about the likelihood of a Federal Reserve interest rate reduction next month.
Here are some of the biggest premarket U.S. stock movers today:
-
Nvidia (NASDAQ:NVDA) stock fell 3.5% after The Information reported that Google (NASDAQ:GOOGL) is sharply escalating its bid to rival the tech giant in the AI chip race, and Meta Platforms (NASDAQ:META) is emerging as a potential multibillion-dollar customer.
-
Dell Technologies (NYSE:DELL) stock fell 2.1% ahead of the tech giant’s latest results, which are expected to be strong as the company almost doubled its annual profit growth target for the next four years in October, underscoring its big bet on surging demand for its servers which help power AI models.
-
Best Buy (NYSE:BBY) stock gained 2.9% after the electronics retailer delivered stronger-than-expected results for the third quarter of fiscal 2026 and raised its full-year outlook.
-
Dick’s Sporting Goods (NYSE:DKS) stock slumped 7.4% after the sporting goods retailer reported third-quarter earnings that fell short of expectations, even as it raised its full-year outlook for its core business.
-
Kohl’s (NYSE:KSS) stock soared 24% after the retailer raised its annual profit forecast for the second time this year, as it banks on new collections and promotions across categories to drive demand while navigating top-level changes.
-
Burlington Stores (NYSE:BURL) stock slumped 5.4% after the off-price retailer reported third-quarter revenue that fell short of analyst expectations, despite the company beating earnings estimates and raising its full-year profit outlook.
- Analog Devices (NASDAQ:ADI) stock rose 3.5% after the chipmaker posted fourth-quarter revenue which topped estimates, as strength at the its automotive division helped to offset lower-than-anticipated sales at its key industrial segment.
-
Alibaba (NYSE:BABA) stock gained 3% after the Chinese e-commerce giant posted second-quarter revenue which topped Wall Street estimates, bolstered by strength at its artificial intelligence-enhanced cloud computing unit.
-
Zoom Video Communications (NASDAQ:ZM) stock gained 5.5% after the work communications company posted stronger-than-expected third-quarter earnings and upbeat full-year guidance, and also increased its share buyback authorization by $1 billion.
-
SanDisk (NASDAQ:SNDK) stock gained 3.4% after S&P Dow Jones Indices said it would move the data storage company into the S&P 500, replacing Interpublic Group of Companies (NYSE:IPG), effective prior to Friday’s trading session.
-
Symbotic (NASDAQ:SYM) stock surged 15% after the automation technology company topped fourth-quarter revenue estimates and gave strong guidance for the first quarter.
-
Coherent (NYSE:COHR) stock fell 3.5% after Bloomberg reported that Bain Capital offered a block of the laser equipment maker’s shares for as much as $1.14 billion, as the private equity firm continues to sell down its stake.