US stocks are off to a mixed start today, with some companies delivering strong earnings reports while others struggle with disappointing results. Here’s a roundup of the key movers in the pre-market session:

Adobe (ADBE) is up 3% after reporting better-than-expected earnings per share and revenue for its fiscal second quarter. The company also provided strong guidance for the next quarter and full year, sending shares higher.

Scientific Games (SMCI) is up 5.5% after announcing that it has begun global volume shipments of Nvidia Blackwell Ultra solutions. This is a positive development for the company, as it looks to expand its offerings in the gaming industry.

Warner Bros. Discovery (WBD) is up 5% after reports emerged that PSKY is preparing a majority cash bid for the company. This has sent shares soaring, with investors eagerly awaiting the outcome of the deal.

RH (formerly Restoration Hardware) is down 9% after reporting top and bottom line results that fell short of expectations. The company also lowered its full-year revenue growth and adjusted EBITDA margin projections, which has weighed on investor sentiment.

General Motors (GM) is up 1.5% after being upgraded by Barclays to “Overweight” from “Equal Weight.” The investment firm cited the company’s strong fundamentals and potential for future growth as reasons for the upgrade.

Applied Materials (AMAT) is down 1% after being downgraded by Mizuho to “Neutral” from “Buy.” The investment firm noted that the company’s valuation has become stretched, making it less attractive to investors.

Microsoft (MSFT) is up 1% after announcing a non-binding deal with OpenAI to redefine their partnership. While the terms of the deal were not disclosed, it’s clear that both companies are committed to expanding their collaboration in the field of artificial intelligence.

Overall, today’s pre-market movers suggest that investors are optimistic about certain companies’ prospects, while others face challenges. As always, it’s important to do your own research and analysis before making any investment decisions.