US Premarket Movers: AeroVironment, Campbell’s, Nike, Oracle

Article content(Bloomberg) — S&P 500 Index futures are down about 0.1% as of 7:58 a.m. in New York.

The International Energy Agency is considering a release of emergency oil reserves that would be the largest-ever in its history, according to a person familiar with the matter.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentNasdaq 100 futures are lower by 0.1%Dow Jones Industrial Average futures are little changedThe MSCI World Index is down 0.2%Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentHere are some of the biggest US movers before the bell:Article contentMagnificent Seven stocks: Alphabet (GOOGL) -0.1%, Amazon (AMZN) +0.1%, Meta Platforms (META) -0.01%, Nvidia (NVDA) +0.2%, Apple (AAPL) +0.1%, Microsoft (MSFT) +0.1%Tesla (TSLA) rises 0.2% after Business Insider reported that the company is ramping up an AI agent projectAeroVironment (AVAV) falls 10% after the drone maker cut its revenue guidance for the full year. Analysts trim their price targets, while Citizens noted that some of the weakness stems from defense deals getting delayed.Campbell’s Co. (CPB) falls 5% after the food company cut its adjusted earnings per share guidance for the full year.Domo (DOMO) rises 38% after the enterprise software company’s fourth-quarter results beat expectations.Nike (NKE) gains 2% after Barclays upgraded the sportswear retailer to overweight, citing recent operational progress, financial inflections and management’s disciplined actions.Oracle (ORCL) rises 9% after the company posted strong results and gave an outlook that suggested there is little letup in demand for AI computing.Serve Robotics Inc. (SERV) climbs 12% after the developer of AI-powered delivery robots posted fourth quarter results. Also, the company and White Castle launched a delivery pact via Uber Eats.UniFirst Corp. (UNF) rises 8% after Cintas Corp. agreed to buy the uniform maker in a cash-and-stock deal valued at $5.5 billionUpstart (UPST) rises 2% as the firm plans to apply for a US national bank charter, aiming to reduce costs and streamline its AI-based lending platform.Article contentArticle contentShare this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.