Nasdaq futures slid over 1% on Wednesday as rising AI cost projections from tech giants Alphabet and Microsoft disappointed investors, driving a slide in megacap and chip stocks, while all eyes were on the U.S. policy decision expected later in the day. .N
At 7:04 ET, Dow e-minis 1YMc1 were up 0.12% at 38,659. S&P 500 e-minis ESc1 were down 0.48% at 4,927.25, while Nasdaq 100 e-minis NQc1 were down 1.12% at 17,391.25.
The top three NYSE percentage gainers premarket .PRPG.NQ:
** OneConnect Financial Technology OCFT.N, up 8.8%
** Yatsen Holding YSG.N, up 8.6%
** Surf Air Mobility SRFM.N, up 8.0%
The top three NYSE percentage losers premarket .PRPL.NQ:
** Pinstripes Holdings PNST.N, down 9.6%
** Modine Manufacturing MOD.N, down 8.7%
** Robert Half RHI.N, down 7.9%
The top two Nasdaq percentage gainers premarket .PRPG.O:
** Guardion Health Sciences GHSI.O, up 101.6%
** SINTX Technologies SINT.O, up 77.2%
The top three Nasdaq percentage losers premarket .PRPL.O:
** Remark Holdings MARK.O, down 46.5%
** Nuvve Holding NVVE.O, down 39.2%
** SMX (Security Matters) SMX.O, down 19.3%
** Paramount Global Inc PARA.O: up 14.4% premarket
BUZZ - Jumps on Byron Allen's $30 bln offer, including debt
** Boeing Co BA.N: down 0.4% premarket
BUZZ - Dips ahead of Q4 report amid 737 MAX scrutiny
** Advanced Micro Devices Inc AMD.O: down 6.2% premarket
** Nvidia Corp NVDA.O: down 2.4% premarket ** Qualcomm Inc QCOM.O: down 0.5% premarket
BUZZ - Chipmakers slide after weak forecast from AMD
** Alphabet Inc GOOGL.O: down 5.6% premarket
** Meta Platforms Inc META.O: down 2.4% premarket
** Snap Inc SNAP.N: down 1.8% premarket
BUZZ - Slip as Alphabet's ad revenue disappoints
** Guardion Health Sciences GHSI.O: up 101.6% premarket
BUZZ - Up on deal to sell subsidiary unit for $17.2 mln
** Starbucks SBUX.O: up 3.7% premarket
BUZZ - Rises after posting better-than-feared results
** Tesla TSLA.O: down 2.8% premarket
BUZZ - Falls as Musk's $56 billion pay package voided
** Microsoft Corp MSFT.O: down 0.8% premarket
** Micron Technology MU.O: down 1.4% premarket
** Marvell Technology MRVL.O: down 2.1% premarket
** Amazon.com AMZN.O: down 2.0% premarket
BUZZ - Megacaps, chip stocks take a beating after results from Microsoft, Alphabet, AMD
** ZIM Integrated Shipping Services Ltd ZIM.N: down 0.9% premarket
BUZZ - Outlook for container cos to improve as freight rates soar - Jefferies
** Mondelez International Inc MDLZ.O: down 4.4% premarket
BUZZ - Falls as Q4 sales volumes drop in North America
** Walmart Inc WMT.N: up 1.3% premarket
BUZZ - Up after announcing 3-for-1 stock split
(Compiled by Rajarshi Roy and Annett Mary Manoj)