US stock futures edged higher on Friday, though they were still on track for weekly losses amid trade tariff uncertainty ahead of key unemployment data.
Here are some of the biggest premarket US stock movers today:
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Broadcom (NASDAQ:AVGO): Stock rose 10% after the chipmaker alleviated investor concerns about artificial intelligence infrastructure demand with a strong second-quarter forecast.
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Hewlett Packard Enterprise (NYSE:HPE): Stock slumped 20% after the AI-server maker stated that its annual profit forecast would be impacted by U.S. tariffs in an intensely competitive market.
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Super Micro Computer (NASDAQ:SMCI): Shares fell 0.5% despite the embattled server maker submitting long-awaited financial filings to the Securities and Exchange Commission.
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Gap (NYSE:GAP): Stock surged 16% after the apparel company exceeded fourth-quarter sales and profit estimates. The retailer’s turnaround strategy helped attract customers to its brands, including Old Navy and Banana Republic, during the holiday quarter.
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Costco (NASDAQ:COST): Stock dipped 1.6% after the wholesale retailer reported lower-than-anticipated fiscal second-quarter profit. However, revenues topped expectations as consumers, wary of potential inflationary impacts from U.S. tariffs, turned to bulk buying.
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Walgreens Boots Alliance (NASDAQ:WBA): Stock jumped 6.4% after the pharmacy chain agreed to be taken private by Sycamore Partners for $10 billion, marking the end of nearly a century of trading on public markets for the U.S. pharmacy giant.
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Jack In The Box (NASDAQ:JACK): Stock gained 1.6% after the fast-food outlet reported strong fiscal first-quarter operating earnings.
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Workday (NASDAQ:WDAY): Stock rose 0.1% after the manufacturer of human resources software beat fourth-quarter earnings expectations.
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