U.S. stock futures traded in a mixed fashion Wednesday, as investors prepared for the first inflation data release of the week.
Here are some of the biggest premarket U.S. stock movers today:
Oracle (NYSE:ORCL) stock soared 31% after the software firm unveiled a strong booked revenue estimate for its artificial intelligence-enhanced cloud unit.
CoreWeave (NASDAQ:CRWV) stock rose 9.5% after the AI infrastructure firm benefited from Oracle’s blowout results.
Apple (NASDAQ:AAPL) stock fell 0.5%, continuing to drop after the iPhone giant held prices steady amid U.S. President Donald Trump’s tariffs that have hurt the company’s profit.
GameStop (NYSE:GME) stock rose 8.9% after the electronics retail company delivered a surprisingly strong second quarter, with revenue rising 22% to $972.2 million from a year earlier.
Novo Nordisk (CSE:NOVOb) stock rose 1.1% after the drugmaker said it will cut 9,000 jobs worldwide as the maker of popular weight-loss drug Wegovy and diabetes treatment Ozempic seeks to reduce costs and streamline operations.
Synopsys (F:SNPS) stock slumped 23% after the chip design software provider missed Wall Street estimates for third-quarter revenue on Wednesday.
Chewy (NYSE:CHWY) stock slumped 7.8% after the online pet retailer’s second-quarter report disappointed investors who were expecting more.
Bill Com Holdings (NYSE:BILL) stock rose 5.7% after the Financial Times reported Elliott Management has built a large stake in the payments automation company.
Nio (NYSE:NIO) ADRs fell 7.8% after the Chinese EV maker announced an equity offering of as much as 181.8 million class A shares.
