As the US pre-market session gets underway, several notable stocks are making significant moves. Here’s a quick rundown of the latest developments in the market:

Key Indices:

• ES (S&P 500 futures): +0.5%
• NQ (NASDAQ futures): +0.9%
• RTY (Russell 2000 futures): Flat

Notable Movers:

1. Seagate Technology (STX) +7%

Seagate shares are up 7% after reporting stronger-than-expected earnings and revenue. The company beat Wall Street estimates, helping to boost investor confidence.

2. Netflix (NFLX) +15%

Netflix is making a significant splash, rising 15% after surpassing earnings and revenue expectations. The streaming giant also reported subscriber growth that exceeded forecasts and announced a buyback program, adding to investor optimism.

3. United Airlines (UAL) +3.5%

United Airlines saw its stock rise by 3.5% after reporting better-than-expected earnings and revenue. Additionally, the airline raised its profit outlook for the upcoming quarter, surpassing analysts’ expectations.

4. Capital One (COF) -0.5%

On the downside, Capital One is seeing a slight decline of 0.5%. The financial institution missed revenue, net interest margin (NIM), and net interest income (NII) expectations, leading to a drop in its stock price.

5. Interactive Brokers (IBKR) +5%

Interactive Brokers is up 5% after posting a strong set of Q4 results that exceeded analysts’ expectations, driving positive sentiment among investors.

6. Oracle (ORCL) +9%

Oracle is enjoying a 9% boost after a major announcement regarding its collaboration on a $500 billion AI infrastructure project called “Stargate.” The project, a joint venture between OpenAI, Oracle, and SoftBank, is generating excitement about the future of AI and Oracle’s role in it.

7. Johnson & Johnson (JNJ) Flat

Johnson & Johnson saw an initial spike in its stock after it reported better-than-expected earnings and revenue, along with a solid outlook for the fiscal year. However, the stock has since leveled off and is currently flat.

8. Travelers (TRV) +6%

Travelers’ stock is up 6% following a strong earnings and revenue beat. The company exceeded analysts’ expectations and is receiving positive feedback from the market.

9. Abbott Laboratories (ABT) -2%

Abbott Laboratories is down 2% after its earnings and revenue met expectations, but its profit forecast for the next quarter and fiscal year came in below analyst expectations, leading to a decline in the stock price.

10. Ford (F) -1.5%

Ford is facing a 1.5% drop after Barclays downgraded the stock. The downgrade is weighing on investor sentiment as the automaker faces headwinds in the current market environment.

The US pre-market is showing a mixed picture, with strong earnings reports driving positive movement for companies like Netflix, United Airlines, and Oracle, while others, such as Capital One, Abbott Laboratories, and Ford, are seeing declines. Investors will be closely watching these companies as the market opens, with earnings season in full swing and potential shifts in the market on the horizon.