As the US stock market gears up for the trading day, pre-market activity offers valuable insights into investor sentiment. Here’s a look at some of the biggest movers before the opening bell.

Major Index Futures

• S&P 500 (ES): Flat
• Nasdaq 100 (NQ): Flat
• Russell 2000 (RTY): +0.1%

Top Gainers

• Cisco (CSCO) +7% – Strong earnings and revenue beat expectations. The company also raised its quarterly dividend and expanded its share buyback program. Full-year guidance was revised upward.
• AppLovin (APP) +30% – Reported better-than-expected earnings and revenue. Additionally, the company announced plans to sell its apps business for $900 million, further boosting investor confidence.
• Robinhood (HOOD) +13% – Surpassed both top- and bottom-line expectations, driving shares higher.
• Dutch Bros (BROS) +25% – Impressive fourth-quarter metrics and strong full-year guidance led to a sharp pre-market rally.
• Royal Caribbean (RCL) +2% – Increased its quarterly dividend by 36% and announced a $1 billion share buyback program.
• Albemarle (ALB) +2.5% – Returned to profitability in Q4, with cost-cutting measures helping offset lower lithium prices.
• MGM Resorts (MGM) +9.5% – Delivered better-than-expected fourth-quarter earnings, driving investor optimism.
• GE HealthCare (GEHC) +1.5% – Reported a profit beat and raised its full-year outlook.
• AMD (AMD) +0.5% – Shares edged higher following an insider buy by the company’s EVP and Chief Commercial Officer, marking the first such purchase in over four years.

Top Decliners

• Fastly (FSLY) -22% – Weak profit guidance led to a sharp drop in the stock.
• The Trade Desk (TTD) -28% – Revenue missed estimates, and its first-quarter revenue outlook disappointed investors.
• Reddit (RDDT) -13% – Reported lower-than-expected daily active users in Q4, weighing on the stock.
• Nissan (NSANY) -6.5% – Sales declined, and the company cut its full-year operating income outlook.
• Deere & Co. (DE) -5% – While Q4 results beat expectations, the company highlighted a challenging operating environment, leading to a drop in share price.

Flat Movers

• Goldman Sachs (GS) – Filed for a $268 billion amended mixed shelf offering, but the stock remained unchanged in pre-market trading.

Today’s pre-market session highlights a mix of strong earnings performances, cautious guidance, and strategic corporate moves. Investors will be closely watching market trends as trading kicks off. Stay tuned for further updates as the day unfolds.