Premarket stock moves: Tesla falls, Alphabet lowers, Lockheed gains
U.S. stock futures move on big earnings swings in Tesla, Alphabet, and more See which results, forecasts, and updates are driving premarket market action
U.S. stock futures saw notable premarket moves on Thursday as several large companies reported quarterly results or updated outlooks.
Tesla shares fell nearly 6% after the electric vehicle maker posted a secondquarter earnings miss. The company also reported negative free cash flow, with margins coming under pressure.
Alphabet dropped 4.5% after raising its 2026 capital spending forecast to support artificial intelligence investments. Lockheed Martin rose 6% after beating secondquarter expectations and lifting its fullyear earnings outlook. Other movers included IBM, Texas Instruments, Eli Lilly, Comcast, and American Airlines, each reacting to earnings, guidance, or drugdevelopment updates.