Investing.com -- US stock futures traded mostly lower Thursday, easing from record highs ahead of a speech by Donald Trump at Davos later in the session and as the earrings season continues.
Here are some of the biggest premarket US stock movers today:
-
Electronic Arts (NASDAQ: EA ) stock slumped 16% after the video game maker cut its bookings guidance for the third quarter and the full year following weaker demand for its soccer franchise, EA Sports FC, and role-playing game Dragon Age.
-
GE Aerospace (NYSE: GE ) stock rose 7% after the aircraft engine supplier forecast a stronger full-year profit as demand for its high-margin parts and services got a boost from airlines flying older jets to sidestep a persistent shortage of new aircraft.
-
Apple (NASDAQ: AAPL ) and Alphabet (NASDAQ: GOOGL ) stock both rose just 0.1% after Britain's competition watchdog announced it has launched twin investigations into the so-called "mobile ecosystems" of the tech giants to see if they have violated UK digital competition rules.
-
Elevance Health (NYSE: ELV ) stock rose 4.7% after the health insurer beat expectations for quarterly profit, partly helped by lower-than-expected spending on medical care for its members.
-
Alaska Air (NYSE: ALK ) stock rose 1.9% after the carrier topped expectations for fourth-quarter profit and forecast a smaller-than-expected loss for the current quarter.
-
American Airlines (NASDAQ: AAL ) stock slumped 10% after the carrier’s first-quarter earnings outlook on Thursday fell short of expectations, forecasting an adjusted loss per share of 20 cents to 40 cents for the first three months of 2025, breaking from a more upbeat outlook from its rivals.
-
Boston Beer (NYSE: SAM ) stock fell 1.1% after Piper Sandler downgraded its stance on the brewer to ‘neutral’ from ‘overweight’, citing a disappointing launch of Hard Mountain Dew.
-
Knight-Swift Transportation (NYSE: KNX ) stock rose 3.9% after fourth-quarter results showed improved operating margins.