U.S. Stock Futures Decline

U.S. stock futures declined Thursday following data that showed private employers hired fewer workers, ahead of the release of the key monthly jobs report tomorrow morning.

Stock Movers Today

• NVIDIA (NASDAQ:NVDA): Stock rose 0.8% after falling more than 11% during the past two sessions. The AI chip firm stated on Wednesday it did not receive a U.S. Justice Department subpoena.

• U.S. Steel (X): Stock rose 4%, bouncing back after 17% losses the prior session, amid reports that President Joe Biden will block a proposed $14.9 billion takeover by Japan’s Nippon Steel due to national security concerns.

• Frontier Communications (FYBR): Stock fell 9.4% after a previous session’s 37% gains, following Verizon Communications (NYSE:VZ) announcing plans to buy the company to enhance its fiber network.

• C3 AI (AI): Stock fell 12% after missing quarterly subscription revenue estimates as enterprises cut spending amid economic uncertainties.

• Tesla (NASDAQ:TSLA): Stock rose 4% after reports emerged of plans to make a six-seat variant of its Model Y car in China starting late 2025.

• Chargepoint Holdings (CHPT): Stock fell 20% after reporting a decline in Q2 sales, soft guidance, and announcing a 15% workforce reduction.

• NIO Inc. (NIO): Stock rose 8% following better-than-expected Q2 earnings and record-high deliveries.

• Honeywell (NASDAQ:HON): Stock fell 2% after announcing Mike Stepniak as the new chief financial officer, succeeding Greg Lewis, who is stepping down.

• JetBlue Airways (NASDAQ:JBLU): Stock rose 7.7% after lifting its third-quarter revenue forecast due to strong summer travel demand.

• Apple (NASDAQ:AAPL): Stock rose 1.3% ahead of its September event and new iPhone launch scheduled for next week.

• AST SpaceMobile (ASTS): Stock fell 13% after entering a $400 million common stock sales agreement.