U.S. equity futures started the day on a mixed note, with the S&P 500 up 0.2%, the Nasdaq gaining 0.3%, and the Russell 2000 slightly down by 0.1%. Here’s a breakdown of notable individual stock moves and developments shaping the market conversation.

AEO Drops Despite Strong Earnings
American Eagle Outfitters fell 14% after releasing preliminary Q1 earnings that came in solid. However, the company withdrew its full-year 2025 guidance, citing macroeconomic uncertainty. The move raised investor concerns despite the positive quarterly performance.

TSLA Eyes Musk Compensation Package
Tesla climbed 2.3% as its board formed a special two-member committee to evaluate a potential new stock option package for CEO Elon Musk. The news reignited speculation about long-term leadership incentives and alignment with shareholder interests.

AI Demand Boosts HNHPF
Hon Hai Precision Industry, trading under HNHPF, rose 1% after reporting net profit above expectations. The beat was attributed to strong demand for AI servers, highlighting the ongoing strength in enterprise tech infrastructure.

WMT Slips After Legal Resolution
Walmart saw a modest 0.5% dip after the Consumer Financial Protection Bureau dropped its lawsuit against the company and its fintech partner. While the legal overhang was removed, the stock still edged lower.

GSK Expands Pipeline with $2B Liver Drug Deal
GSK gained 1.5% after announcing its acquisition of efamisfermin, a liver drug, for $1.2 billion upfront. The deal includes potential milestone payments of up to $800 million, reinforcing GSK’s push into targeted therapies.

NVO and SEPN Surge on Collaboration News
Novo Nordisk climbed 2%, and Septerna soared 46% after announcing a collaboration to develop oral small molecule treatments. The agreement could be worth up to $2.2 billion for Septerna, marking a significant win for the biotech firm.

ABBV Pressured by Downgrade
AbbVie declined 0.7% following a downgrade from Citi, putting downward pressure on shares despite no material news.

PVH Upgraded, Shares Rally
PVH Corporation rose 4% after receiving an upgrade from Jefferies, driving renewed optimism around the apparel company’s outlook.

The market continues to respond to a mix of corporate updates, analyst actions, and broader macro signals, setting a cautious but active tone as the trading day unfolds.