The US stock market saw a mixed start in pre-market trading, with major indices showing slight fluctuations ahead of the open. The S&P 500 (ES) is up 0.2%, while the Nasdaq (NQ) has gained 0.3%. The Russell 2000 (RTY), however, is trailing with a minor 0.2% dip. Let’s dive into some of the notable stock movers today:

$NXPI (-6.8%)
NXP Semiconductors took a sharp 6.8% hit after releasing Q4 guidance that missed investor expectations. This downbeat outlook appears to reflect broader macroeconomic challenges, especially in Europe and the Americas, where economic pressures weigh on consumer and industrial demand for its semiconductor products.

$QSR (-2.5%)
Restaurant Brands International, the parent company of popular fast-food chains like Burger King and Tim Hortons, saw a 2.5% decline. The company’s earnings per share (EPS) and revenue failed to meet expectations, likely causing concern among investors about growth in the competitive quick-service restaurant industry.

$EMR (+5.1%)
Emerson Electric posted strong gains in pre-market trading, up 5.1%, after reporting an earnings and revenue beat. Additionally, Emerson made waves with a proposed acquisition, announcing plans to buy all remaining shares of Aspen Technology ($AZPN) that it doesn’t already own, for $240 per share. This move signals Emerson’s strategy to strengthen its position in the technology and automation space.

$PLTR (+17.6%)
Palantir Technologies is surging, up a notable 17.6% pre-market. The company posted adjusted EPS and revenue figures that surpassed analysts’ estimates, while its Q4 and full-year guidance came in above market expectations, reflecting strong confidence in its growth trajectory. This beat highlights Palantir’s ongoing expansion within the big data and analytics sector.

$HIMS (+5.7%)
Hims & Hers Health jumped 5.7% in response to its plans to introduce a generic version of Novo Nordisk’s diabetes drug, liraglutide, on its platform by 2025. This addition is expected to strengthen its telehealth platform, offering a broader range of treatments to its consumer base and potentially unlocking new revenue streams.

$BA (+1.7%)
Boeing rose 1.7% as investors reacted positively to the news that its union members approved the latest contract offer, ending a 53-day strike. With labor concerns resolved, Boeing is now in a stronger position to proceed with production and meet demand for its aircraft.

$VRTX (+1.4%)
Vertex Pharmaceuticals gained 1.4% after reporting better-than-expected adjusted EPS and revenue, a positive signal for this biotech leader. The company’s consistent performance in its cystic fibrosis treatments and emerging pipeline in other therapeutic areas continues to draw investor interest.

$TSLA (+2.9%)
Tesla advanced 2.9% on news of wage increases for employees in its Berlin Gigafactory, where it plans to increase wages by 4%. This decision could boost morale and productivity at a critical factory, especially as Tesla ramps up production efforts in Europe to meet growing demand.

$MQ (-34%)
Marqeta plunged 34% after reporting a larger-than-expected Q3 loss per share, coupled with disappointing revenue growth guidance for Q4. This sharp drop underscores investor concerns about the fintech firm’s profitability and growth prospects in a challenging economic environment.

$ALAB (+22.1%)
Alabaster Bio saw the largest gain in pre-market trading, soaring 22.1% after the company posted an impressive beat on EPS and revenue, along with strong Q4 guidance. The strong results and optimistic guidance suggest Alabaster’s position in the biotech market remains solid as it capitalizes on recent innovations and market opportunities.

With a mix of strong earnings beats, missed forecasts, and significant strategic announcements, today’s pre-market movers highlight a broad array of stories impacting investor sentiment. As markets open, these movements may set the tone for the day and offer insight into the economic trends shaping different sectors. Stay tuned for how these early moves will play out through the trading day!