Investing.com -- U.S. stock futures traded in a muted fashion Wednesday, with investors pausing for breath after the volatile period that followed the announcement of President Donald Trump’s “reciprocal” tariffs.
Here are some of the biggest premarket U.S. stock movers today:
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Cisco Systems (NASDAQ:CSCO) stock rose 0.4% ahead of the technology equipment firm’s latest results, with the company having lifted its annual revenue outlook at its last quarter, fueled by bets that a boom in enthusiasm around artificial intelligence will bolster demand for its cloud networking gear.
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American Eagle Outfitters (NYSE:AEO) stock slumped 13% after the clothing retailer withdrew its outlook for the year after posting disappointing preliminary first-quarter results.
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Ford (NYSE:F) stock fell 0.2% with the auto giant recalling 273,789 vehicles in the United States as a loss of brake function may increase the risk of a crash.
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Super Micro Computer (NASDAQ:SMCI) stock jumped 15% after the computer hardware manufacturer announced a multi-year, $20 billion partnership with Saudi data center firm DataVolt.
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Novo Nordisk (CSE:NOVOb) (NYSE:NVO) stock rose 2% after the drug maker struck a collaboration and licensing deal with U.S. biotech Septerna to develop oral small molecule medicines for obesity, type 2 diabetes and other cardio-metabolic diseases that could be worth up to $2.2 billion for Septerna.
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Alcon (NYSE:ALC) stock slumped 6.1% after the medical device company missed first-quarter earnings expectations and cut its full-year guidance, amid broad softness in its Surgical and Vision Care segments.
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Grail (NASDAQ:GRAL) stock dropped 13% after the healthcare company reported a larger quarterly loss than a year ago, while revenue also grew by less than expected.
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Aurora Innovation (NASDAQ:AUR) stock slumped 18% after Uber (NYSE:UBER) announced it is offering $1 billion of senior notes exchangeable into shares of self-driving truck technology firm.
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Dynatrace (NYSE:DT) stock rose 3.5% after the technology company ’s latest quarterly earnings release topped consensus expectations.
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