As the US stock market gears up for the day, pre-market trading is revealing notable trends and movements across key indices and individual stocks. Here’s a quick look at what’s happening in the pre-market:

Indices Overview

• S&P 500 (ES): -0.1%
• NASDAQ 100 (NQ): -0.1%
• Russell 2000 (RTY): -0.2%

Stock Highlights

1. Boeing (BA): -1.5%
   Boeing shares are down after disappointing preliminary Q4 results were announced. Investors seem to be reacting to weaker-than-expected performance metrics, raising concerns about the company’s near-term outlook.
2. Twilio (TWLO): +18%
   Twilio is surging after a positive Investor Day. Management expressed increased confidence in its ability to accelerate growth, which has clearly resonated with investors. The upbeat sentiment on future direction has fueled significant pre-market gains.
3. Verizon (VZ): Flat
   Verizon’s revenue and EPS topped expectations, but a miss on adjusted EBITDA and a lighter-than-expected FY EPS midpoint are keeping the stock muted in early trading.
4. American Express (AXP): -2%
   Despite reporting Q4 results that were largely in line with expectations and announcing a 17% dividend hike, the stock is trading lower. Investors may be cautious about forward guidance or underlying growth dynamics.
5. Texas Instruments (TXN): -4%
   Texas Instruments is under pressure after issuing an underwhelming profit forecast for the next quarter. While the company beat both top and bottom-line estimates, the cautious guidance is weighing on investor sentiment.
6. CSX Corporation (CSX): -3.5%
   The railroad giant is down after missing on both EPS and revenue expectations. Weak performance metrics have raised questions about demand and operational efficiency in the near term.
7. Intuitive Surgical (ISRG): -2.5%
   Despite beating EPS and revenue estimates, Intuitive Surgical provided light guidance for its 2025 gross profit margin. This has overshadowed the positive earnings beat, leading to a pre-market decline.
8. Air Products and Chemicals (APD): +1.1%
   Shares of Air Products and Chemicals are moving higher after an upgrade from Barclays. The positive sentiment has provided a boost, helping the stock buck the broader market trend.
9. Brinker International (EAT): -1.5%
   Brinker International is facing pressure following a downgrade at KeyBanc. The negative analyst sentiment has weighed on the stock in pre-market trading.

Today’s pre-market activity highlights the mixed reactions to earnings reports and guidance updates, with notable movers like Twilio gaining significant ground while companies like Texas Instruments and Boeing face headwinds. Investors should watch for further developments as the market opens and corporate guidance continues to shape sentiment.