Morning Movers: SolarEdge and Wingstop jump following quarterly results

Futures are showing gains in early trading, supported by optimism around corporate earnings, particularly in technology and select cyclical segments. Many Asian markets remain closed for the Lunar New Year, keeping regional trading light and volume subdued. U.S. markets are trading with a modestly positive and cautiously optimistic tone as major equity futures climb and global stock benchmarks rally, reflecting a rebound from recent volatility driven by artificial-intelligence sentiment and sector rotation. 

Claim 55% Off TipRanks

The broader backdrop includes renewed interest in tech and defense stocks after markets shook off some of last week’s AI-related disruption concerns, with investors rotating back into sectors seen as better positioned for near-term earnings momentum. Gold and other commodities have seen modest gains alongside the stock rebound, while cryptocurrencies like Bitcoin have remained relatively stable. Oil markets, which had been pressured by geopolitical headlines earlier in the week, are trading with less dramatic moves as diplomatic progress in Middle East talks eases some risk.

In pre-market trading, S&P 500 futures rose 0.21%, Nasdaq futures rose 0.28% and Dow futures rose 0.07%.

Check out this morning’s top movers from around Wall Street, compiled by The Fly. 

HIGHER –

• Nvidia (NVDA) up 2% after Meta Platforms (META) announced a multi-year strategic partnership with the company to advance its long-term AI infrastructure roadmap

UP AFTER EARNINGS –

• SolarEdge (SEDG) up 14%
• Wingstop (WING) up 13%
• Verisk Analytics (VRSK) up 12%
• Global Payments (GPN) up 11%
• Insulet (PODD) up 7%
• Analog Devices (ADI) up 5%

DOWN AFTER EARNINGS –

• Axcelis (ACLS) down 14%
• Palo Alto Networks (PANW) down 7%

LOWER –

• Applied Digital (APLD) down 8% after Nvidia disclosed that it exited its $177M stake in the company