Investing.com - Financial Markets Worldwide

Nvidia, Workday and Intuit fall premarket; Zoom rises

AuthorPeter Nurse
Published 22/08/2025, 12:28
© Reuters
BARC
0.60%
GOOGL
1.51%
INTU
-6.77%
NVDA
-1.78%
GAP
-0.71%
NKE
0.34%
META
-0.02%
WDAY
-4.21%
BJ
-6.17%
ZM
6.33%
RLX
6.06%

Investing.com -- U.S. stock futures edged higher Friday ahead of a highly-awaited speech by Fed chair Jerome Powell at the Jackson Hole symposium.

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

  • Nvidia (NASDAQ:NVDA) stock fell 1.1% following a report that the chip designer has asked some component suppliers to halt production of its China-specific H20 artificial intelligence chip, amid increased scrutiny towards the chip from Beijing.

  • Meta Platforms (NASDAQ:META) stock rose 0.2% after the tech giant signed a $10 billion deal with Alphabet’s (NASDAQ:GOOGL) Google, up 1.1%, which will see the Facebook owner use Google Cloud’s servers, storage, and other services over the next six years.

  • Workday (NASDAQ:WDAY) stock fell 5.2% after the human-resources software company left its subscription revenue guidance unchanged, apart from a small boost from the Paradox acquisition.

  • BJs Wholesale Club (NYSE:BJ) stock rose 0.2% after the wholesale club operator raised its full-year earnings guidance as it reached a milestone of 8 million members.

  • Intuit (NASDAQ:INTU) stock fell 6.3% after the software company forecast first-quarter revenue growth below expectations, hit by sluggish performance at its marketing platform Mailchimp.

  • Zoom Video Communications (NASDAQ:ZM) stock rose 5.1% after the communications company presented strong second-quarter results and boosted its full-year revenue forecast, showing continued expansion of its enterprise business.

  • RLX Technology (NYSE:RLX) stock soared 10% after the computer company reported second-quarter earnings that exceeded expectations, primarily driven by the company’s international expansion efforts.

  • Nike (NYSE:NKE) stock rose 0.3% ahead of the launch of a new trail running shoe on Monday, pushing into the booming outdoor recreation market.

  • Gap (NYSE:GAP) stock fell 2.2% after Barclays (LON:BARC) downgraded its stance on the fashion retailer to ‘equal-weight’ from ‘overweight’, saying the previous bullish scenario for double-digit operating margins by FY26 is no longer applicable.

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