Investing.com -- U.S. stock futures rose strongly Thursday, with risk sentiment boosted by a court ruling stopping President Donald Trump’s extensive tariffs regime as well as healthy earnings from AI giant Nvidia.
Here are some of the biggest premarket U.S. stock movers today:
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Nvidia (NASDAQ: NVDA ) stock soared 5.6% after the world’s most valuable semiconductor firm reported better-than-expected first-quarter results, benefiting from customers stockpiling its AI chips before fresh U.S. curbs on China exports took effect.
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Tesla (NASDAQ: TSLA ) stock rose 2.2% after CEO Elon Musk confirmed he was leaving his role in the Trump administration, ensuring he can focus his energies on running the electric vehicle giant.
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Kohl’s (NYSE: KSS ) stock gained 3.7% after the department store chain reported a smaller quarterly loss than its previous forecast and maintained its annual targets, as it focuses on turnaround efforts to cut costs.
- Best Buy (NYSE: BBY ) stock fell 2.1% after the retailer slashed its outlook for fiscal 2026 to reflect the impact of tariffs, offsetting its better-than-expected results for the first quarter.
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Salesforce (NYSE: CRM ) stock edged 0.1% higher despite the software firm posted fiscal first-quarter results that topped Wall Street expectations and raised its full-year guidance. The company recently announced the acquisition of cloud data management firm Informatica in an $8 billion equity deal.
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C3.ai (NYSE: AI ) stock soared 13% after the enterprise artificial intelligence software company reported a better than expected quarterly financial report, even as it detailed a fiscal fourth quarter loss.
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Foot Locker (NYSE: FL ) stock fell 0.1% after the footwear retailer reported first-quarter earnings and revenue that missed expectations amid softer traffic trends.
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Burlington Stores (NYSE: BURL ) gained 8.8% after the retailer reported first quarter earnings that surpassed expectations, with CEO Michael O’Sullivan noting uncertainty around tariffs but expressing confidence in offsetting potential margin pressure.
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Hormel Foods (NYSE: HRL ) stock fell 0.6% after the food processing company reported second-quarter earnings that met expectations, while revenue fell slightly short of estimates.
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JetBlue Airways (NASDAQ: JBLU ) stock rose 4.6% and United Airlines (NASDAQ: UAL ) stock gained 2.3% after the two carriers unveiled plans for a consumer collaboration that allows travelers to book flights on both carriers’ websites, while interchangeably earning and using points in their frequent flyer programs.