US Stock Futures Mixed as Traders Await Earnings and Fed Speeches

US stock futures showed a mixed performance on Monday, with traders anticipating more corporate earnings and speeches from various Fed officials.

Biggest Premarket US Stock Movers

• Tesla (NASDAQ:TSLA): Stock surged 5.9% after reports that the incoming Trump administration plans to prioritize a federal framework for fully self-driving vehicles.
• Nvidia (NASDAQ:NVDA): Stock fell 3.4% due to concerns over the sales strength of its new Blackwell chips, ahead of quarterly earnings on Wednesday.
• Spirit Airlines (NYSE:SAVE): Stock rose 2.8% after filing for bankruptcy protection, announcing a prearranged deal with bondholders to aid in its recovery, expecting to exit in Q1 next year.
• Ford (NYSE:F): Stock increased 0.3% despite a recall query initiated by the US auto safety regulator regarding 112,567 SUVs over seat belt issues.
• CVS Health (NYSE:CVS): Stock rose 1.9% after announcing the addition of four new board members in a deal with Glenview Capital Management, including CEO Larry Robbins.
• Super Micro Computer (NASDAQ:SMCI): Stock rose over 10%, with investors looking forward to a planned filing to avoid delisting.
• Astera Labs (NASDAQ:ALAB): Stock increased by 3% after Citi initiated coverage with a ‘buy’ rating, highlighting a unique opportunity for AI investors.
• Syndax Pharmaceuticals (NASDAQ:SNDX): Stock rose 6% following FDA approval of its drug Revuforj for certain leukemia patients.