Bitcoin price today: steady near $92k after sharp losses; Fed caution weighs
Investing.com -- U.S. stock futures steadied Wednesday, with traders cautious ahead of eagerly-anticipated earnings from AI-darling Nvidia as well as the minutes from the last Federal Reserve meeting.
Here are some of the biggest premarket U.S. stock movers today:
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Nvidia (NASDAQ:NVDA) stock gained 1.7% ahead of the tech giant’s earnings after the close, which are seen as a litmus test for the AI-driven rally that has pushed markets to record highs this year.
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Lowe’s (NYSE:LOW) stock surged 6.1% after the home improvement retailer raised its annual sales target and reported third-quarter adjusted earnings that exceeded expectations, showing resilience amid macroeconomic challenges.
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Target (NYSE:TGT) stock fell 2.4% after the big-box retail chain reported a bigger-than-expected drop in quarterly comparable sales and lowered the upper end of its full-year earnings outlook.
- Dycom Industries (NYSE:DY) stock gained 8% after the engineering services company delivered stronger quarterly results, lifted the midpoint of its full-year revenue outlook, and announced a $1.95 billion deal to acquire Power Solutions.
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Boeing (NYSE:BA) stock rose 0.6% after the aircraft manufacturer announced a provisional order for 75 of its 737 MAX jets from flydubai at the Dubai Airshow.
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La-Z-Boy (NYSE:LZB) stock rose 11% after the iconic furniture retailer reported strong second-quarter earnings results, growing its retail footprint by snapping up 15 new stores – even as it issued a cautious outlook for the coming months.
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ON Semiconductor (NASDAQ:ON) stock gained 3.2% after the company’s board approved a $6 billion stock buyback program over the next three years, beginning at the start of 2026.
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Dolby Laboratories (NYSE:DLB) stock fell 1.5% after the audio and imaging company’s fiscal first-quarter guidance disappointed, even as its fourth-quarter results beat on top and bottom lines.
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DoorDash (NASDAQ:DASH) stock rose 2.8% after Jefferies upgraded its rating on the online food delivery platform to "buy" from "hold", citing increased optimism about the growth trajectory of its U.S. restaurant delivery segment.