Semiconductor stocks jump in premarket trading as investor sentiment improves, with gains across memory and chip names like Micron, AMD and Intel and uplift from the SOXL ETF, signaling broad tech strength ahead of the market open.
Ferrari (RACE), Lear Corporation (LEA), Intuitive Machines (LUNR) and Micron Technology (MU) are among the biggest premarket movers as investors position for the next trading session.
Nvidia’s earnings news helped lift several major tech and growth stocks in premarket trading, with Nvidia up about 1.3% and other big names like ARM, AMD, ENPH, and TSLA showing notable moves, signaling a cautiously positive tone for U.S. equities ahead of the open.
U.S. stock futures rose ahead of a busy data calendar, with investors eyeing inflation and growth indicators while weighing the potential impact of President Trump's visit to China; broad-market tech names showed strength in premarket trading amid a cautious, data-driven backdrop.
Premarket action centers on Cloudflare (NET), Akamai Technologies (AKAM), and JFrog (FROG), with The Trade Desk (TTD) also among notable movers as investors watch early price moves.
Qualcomm shares rose about 13% in premarket trading after reports that the chipmaker is partnering with OpenAI to supply a smartphone processor, signaling potential AI-driven demand for its chips and a strategic boost for the company.
Markets were mixed as 3M’s cautious full-year guidance drew attention despite a Q1 beat, while UnitedHealth topped estimates and raised its outlook; European and Asia-Pacific equities rose on hopes for Iran peace talks, and Apple announced John Ternus as CEO as Hong Kong saw a notable IPO move, signaling ongoing market activity.
Snap plans to lay off about 16% of its global workforce to streamline operations and reallocate resources toward high-priority initiatives, aiming to increase net income; shares rose about 6.6% in premarket trading.
Market Insider lists the biggest premarket movers for the day, led by Sysco (SYY), CrowdStrike (CRWD), and Alcoa (AA), with other notable stocks highlighted ahead of the open.
U.S. stock futures fell in premarket trading as President Trump pushed the Iran deal deadline to April 6 amid ongoing negotiations. Traders await final March sentiment data and a likely hold on rates in April, with FedWatch signaling about a 93.8% chance of no rate change. In focus, Unity Software jumped after strong Q1 guidance, Oracle expanded its Nashville footprint (and Veritone moved to OCI), and SoFi announced LPB partnerships, while Datacentrex plunged on a $20.2 million public offering. Southland Holdings also slid after disappointing results. Commodities were mixed, with crude higher, Bitcoin slipping, and gold easing as markets digest geopolitical tensions and earnings momentum.
Unusual premarket volume spikes in S&P 500 e-Mini futures and West Texas Intermediate crude around 6:50 a.m. ET preceded President Trump’s 7:05 a.m. Truth Social post about halting strikes on Iran, triggering a quick risk rally as futures jumped and oil tumbled; traders cited thin liquidity and possible algorithmic flows, with no clear catalyst cited.
Palantir Technologies’ shares rose in premarket trading on Monday, extending Friday’s gains amid ongoing volatility in the software sector and a recovering broader market. The stock sits below its 20‑day and 100‑day SMAs with mixed momentum indicators (neutral RSI, bearish MACD), signaling cautious upside. Palantir is due to report on May 4, 2026, with an expected EPS of about 0.26 and revenue around $1.54 billion, while analysts show mixed ratings and targets, highlighting the stock’s premium valuation.
Palantir (PLTR), Merck (MRK), and Pfizer (PFE) were among the biggest movers in premarket trading, with Market Insider noting several other names as the session began.
Intel stock (INTC) jumped about 7.3% to around $47.29, trading in today’s session with pre-market activity amid a broad market rally that lifted several equities.