U.S. stock futures declined on Monday morning, with a retreat in precious metal prices contributing to a softer tone as markets prepare for an event-heavy week that includes several high-profile technology earnings reports and the monthly U.S. jobs release.
Below are the significant premarket movers and the concrete developments driving their early activity.
Winners in the premarket
- Oracle (NYSE:ORCL) - Shares rose 1.8% after the company said it plans to obtain between $45 billion and $50 billion in 2026 to expand capacity for its cloud infrastructure.
- Walt Disney (NYSE:DIS) - Stock climbed 1.8% following results for the holiday quarter ended in December, where the company reported that its theme parks and cruise operations helped it beat revenue and earnings estimates.
- Autodesk (NASDAQ:ADSK) - The design software maker gained 1.2% after JPMorgan upgraded its rating to overweight from neutral, citing Autodesk's leadership position in design software.
Losers in the premarket
- Nvidia (NASDAQ:NVDA) - Shares dropped 1.2% after a Wall Street Journal report said Nvidia's plan to invest up to $100 billion in OpenAI to support training and operation of its latest artificial-intelligence models has stalled.
- Tesla (NASDAQ:TSLA) - Stock slipped 1.8% as the automaker continued to see weak European sales, with sales in France falling to a three-year low and plunging 88% in Norway.
- Miners - Newmont (NYSE:NEM), Barrick Mining (NYSE:B), Kinross Gold (NYSE:KGC), Hecla Mining (NYSE:HL) and Coeur Mining (NYSE:CDE) all moved lower as last week’s selloff in the sector deepened following the nomination of Kevin Warsh as the new Federal Reserve chair by U.S. President Donald Trump.
- EchoStar (NASDAQ:SATS) - Shares fell 4% after reports that a potential merger between SpaceX and xAI raised renewed questions about EchoStar’s exposure to SpaceX.
- Coinbase Global (NASDAQ:COIN) - The cryptocurrency exchange slid 3.6% as bitcoin traded near its lowest level since April amid heavy liquidations in leveraged positions and broader macro uncertainty.
- Estee Lauder (NYSE:EL) - Shares were down 0.8% as the cosmetics company pursues a major restructuring under new leadership, which could include sales of brands such as Too Faced, Smashbox and Dr. Jart+ to simplify its portfolio and cut costs.
Context and additional note
Market participants have been watching metals and mining stocks closely since last week’s moves, and any further developments around central bank leadership or risk appetite could continue to influence the group. Technology sector announcements and corporate guidance from major issuers later this week, along with the employment report, are likely to drive further volatility.
Product note
ProPicks AI is mentioned as a tool that evaluates companies using more than 100 financial metrics to identify stock ideas. The note references that the AI has identified prior winners such as Super Micro Computer (+185%) and AppLovin (+157%), and positions itself as a way to gauge whether Walt Disney is included in any current strategies.
Bottom line
Premarket action showed a mix of sector moves: select technology and software names gained, miners and commodity-linked equities declined, and cryptocurrency-linked names were pressured amid lower bitcoin prices. Investors are entering a week that could see increased volatility as earnings and the monthly jobs report arrive.