As the US markets prepare to open, futures are showing mixed movement. The S&P 500 (ES) is up 0.3%, the Nasdaq (NQ) is flat, and the Russell 2000 (RTY) is down 0.1%. Here’s a look at some of the biggest pre-market stock movers and the reasons behind their shifts.

Stocks on the Move

Dell Technologies (DELL) – Down 4%

Despite reporting earnings per share (EPS) that surpassed expectations, Dell’s revenue fell short of estimates. The company also announced an increase in its cash dividend and approved a $10 billion expansion to its share buyback program, but that wasn’t enough to prevent a pre-market drop.

HP Inc. (HPQ) – Down 3%

HP is under pressure following a disappointing profit outlook for the next quarter. Rising component costs and tariffs on Chinese imports have weighed on expectations, leading to investor concern.

Autodesk (ADSK) – Up 2%

Autodesk delivered strong results, topping EPS estimates and unveiling a restructuring plan. Its guidance for the next quarter and full fiscal year impressed the market, helping push the stock higher.

NetApp (NTAP) – Down 15%

A weak revenue report and disappointing outlook have hit NetApp hard. The company’s top-line figures missed expectations, leading to a sharp selloff in pre-market trading.

Monster Beverage (MNST) – Up 3%

Monster is seeing gains after reporting strong sales and gross margins. The company also provided upbeat commentary, which has helped boost investor confidence.

Rocket Lab (RKLB) – Down 16%

Rocket Lab is struggling with a greater-than-expected loss per share and a weak revenue forecast for the next quarter. The stock is seeing significant pre-market declines as a result.

Nvidia (NVDA) – Down 2%

After plunging 8.5% on Thursday in response to its earnings report, Nvidia continues to face selling pressure. Despite strong fundamentals, profit-taking and concerns about future growth have contributed to the downward movement.

Market Outlook

With a mix of earnings beats and misses, as well as broader concerns around costs and tariffs, investors are navigating a volatile pre-market session. As the market opens, attention will be on whether these trends persist and how broader economic conditions influence trading.