U.S. stock futures popped on Wednesday ahead of key U.S.–China trade discussions and the Fed’s policy decision—here are the top premarket movers:
1. Walt Disney (NYSE:DIS): +6.2%
Disney beat Q2 revenue and EPS estimates, driven by stronger-than-expected Disney+ subscriber growth and higher spend at its U.S. theme parks. Investor focus now turns to subscriber retention and park attendance trends in upcoming reports.
2. Uber (NYSE:UBER): –3.5%
Uber disappointed with softer-than-forecast gross bookings and a slowdown in its rideshare segment—fanning concerns over consumer spending in a murky economic environment. The launch pace of its Price Lock Pass will be under scrutiny in Q2.
3. Advanced Micro Devices (NASDAQ:AMD): +1.5%
AMD lifted its Q2 revenue outlook, citing a rush to secure chip orders before new U.S. tariffs hit. Investors will watch whether the guidance sticks once those levies take effect.
4. Marvell (NASDAQ:MRVL): –7%
Marvell postponed its June 10 Investor Day to 2026, blaming macro uncertainty—raising questions about near-term visibility into its 5G and data-center growth drivers.
5. Super Micro Computer (NASDAQ:SMCI): –5.3%
SMCI’s Q3 beat on earnings but missed on revenue, and its trimmed full-year outlook weighed heavily on the stock, highlighting the delicate balance between hyperscaler demand and inventory cycles.
6. Novo Nordisk (NYSE:NVO): +5.5%
Novo Nordisk cut its sales forecasts for Wegovy for the first time in four years but still anticipates a U.S. recovery. Watch for updates on prescription trends and pricing dynamics in its next earnings call.
7. Boeing (NYSE:BA): +0.3%
Boeing underperformed the broader market after the Financial Times reported potential EU tariffs on its aircraft—part of a brewing transatlantic trade standoff if talks with Washington falter.
For a real-time snapshot of today’s biggest gainers and decliners—across all U.S. sessions—tap the Market Biggest Gainers API, which updates top movers as soon as they surge or plunge.
Explore today’s market movers
Stay tuned for how these early moves evolve once trade and Fed catalysts hit the tape.
