Morning Movers: Starbucks rises after Q1 results and FY26 guidance

Stock futures are generally higher in early trading as traders brace for a key Federal Reserve interest-rate decision and another wave of quarterly earnings. Investors are also positioning ahead of after-hours earnings releases from big tech names including Meta, Microsoft and Tesla, which could set the tone for risk appetite once those reports start rolling in.

The market backdrop reflects a mix of optimism and caution. Strong performance in technology and AI-linked stocks has helped support sentiment following recent records in major indexes, even as the broader outlook remains sensitive to geopolitical uncertainty and shifting policy expectations. Safe-haven assets continue to attract interest; gold and silver remain elevated amid broader concerns about the dollar’s weakness, which was highlighted recently as traders digest political influences on currency markets. U.S. Treasury yields and the dollar are relatively steady as markets await clarity from the Fed’s policy statement and Chair Powell’s press conference later in the day.

In pre-market trading, S&P 500 futures rose 0.15%, Nasdaq futures rose 0.73% and Dow futures fell 0.06%.

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

HIGHER –

• C3 AI (AI) up 13% after The Information reported the company is in talks to merge with startup Automation Anywhere

UP AFTER EARNINGS –

• Seagate (STX) up 8%
• Starbucks (SBUX) up 6%
• Texas Instruments (TXN) up 6%
• Brinker (EAT) up 5%
• ASML (ASML) up 4%
• AT&T (T) up 2%
• Progressive (PGR) up 1%
• Stride (LRN) up 23%

DOWN AFTER EARNINGS –

• Qorvo (QRVO) down 9%
• GE Vernova (GEV) down 2%
• Danaher (DHR) down 2%
• ADP (ADP) down 2%
• General Dynamics (GD) down 1%