Premarket movers: Modine surges; Cerebras jumps on Microsoft deal Pranav Kashyap Fri, November 13, 2026 at 7:27 AM EST 5 min read NVDA +1.26% MSFT -1.27% CBRS +13.52% ^GSPC -0.35% ^NDX -0.30% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Investing.com - U.S. stock index futures turned higher on Friday, as investors looked ahead to key inflation data that could factor into the Federal Reserve's interest rate calibrations, while the fallout from former CEO Jensen Huang's abrupt exit reverberates through markets.
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By 06:07 ET (11:07 GMT), the S&P 500 futures contract had climbed by 17 points, or 0.2%, Nasdaq 100 futures had gained 43 points, or 0.2%, and Dow futures were higher by 84 points, or 0.2%.
Here are some of the biggest premarket U.S. stock movers today:
Nvidia shares rose 2.8% in premarket trading, pointing to a modest recovery after the chipmaker's stock fell more than 4% on Thursday. The shares have been battered by the controversy surrounding former CEO Huang, with nearly $1 trillion in market value erased this month alone. Colette Kress, Nvidia's former finance chief, has taken over as interim CEO, while the company has engaged an outside firm to search for potential successors to Huang, Bloomberg News reported. Investors will also be looking to the company's quarterly results due next week for clues about whether the recent selloff has affected demand or its growth outlook.
Cerebras Systems shares surged more than 17% before the opening bell after the AI chip and cloud company raised its 2026 revenue forecast and announced Microsoft as a customer. The developments helped ease concerns about the durability of AI infrastructure spending, particularly as uncertainty surrounding Huang's departure and opposition to data center development among U.S. voters have weighed on sentiment. The higher forecast and new customer also offered investors fresh evidence of demand for computing capacity used to develop and run artificial intelligence models.
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Nu Holdings shares climbed 3.1% in premarket trading to $12.20 after the Latin American digital banking group reported record third-quarter earnings. Net income reached $1.1 billion, up 31% year-over-year on a currency-neutral basis, while gross revenue rose 37% to $6.3 billion. Adjusted earnings of $0.22 per share and net revenue of $5.82 billion narrowly missed analyst expectations of $0.23 and $5.91 billion, respectively. Investors appeared to focus instead on the company's operating performance: return on equity reached 32%, its customer base expanded to 143 million globally, and management tightened its full-year 2026 efficiency ratio outlook to 19%–19.5%, from a previous expectation of around 20%.
Cisco shares slipped nearly 2% in premarket trading despite reporting record fiscal first-quarter results, as investors focused on pressure on profit margins. Revenue for the first quarter of fiscal 2027 rose 24% year-over-year to $18.52 billion, its fastest growth rate in more than 15 years, while non-GAAP earnings per share increased 40% to $1.40. Both measures exceeded analyst expectations. Chief Executive Chuck Robbins described the results as evidence that the company was in the early stages of a multiyear networking growth cycle. However, non-GAAP gross margin narrowed to 65.6% from 68.1% a year earlier, while product gross margin fell to 63.7% from 67.2%, reflecting a greater mix of lower-margin AI networking hardware and higher memory component costs.
Modine Manufacturing shares surged 31% after Bloomberg reported that Samsung Electronics was in discussions to acquire the data center cooling systems maker, with a potential transaction possibly coming together within weeks. The report comes as Modine sharpens its focus on climate solutions following the recent spin-off of its Performance Technologies segment, which was merged with Gentherm. Its data center business has been a major growth driver, with revenue rising 95% year-over-year in its latest quarter and quarterly orders reaching a record of more than $1 billion. The company has also launched a large-scale chiller manufacturing facility in Texas, positioning it to serve demand for cooling systems used in AI data centers.
Fluent shares jumped 20% in premarket trading after the company reported third-quarter revenue of $53.6 million, up 14% year-over-year and ahead of analyst expectations of $50.08 million. Growth was driven by its Commerce Media Solutions segment, where revenue doubled to $37.5 million, accounting for 70% of total quarterly revenue and representing an annual run rate of more than $145 million. Fluent's net loss narrowed 59% year-over-year to $3.13 million, while its adjusted loss of $0.08 per share matched analyst expectations. Management reiterated its forecast for double-digit full-year revenue growth in continuing businesses and improved adjusted EBITDA.
Newsmax surged 14.6% in pre-open trading after the conservative cable news company delivered a decisive third-quarter 2026 earnings beat, reporting net income of $15.2 million, or $0.12 per share, compared with a net loss of $4.1 million in the same quarter a year earlier and far ahead of the analyst consensus forecast for a loss of $0.02 per share.
Underlying quarterly revenue hit a record $55 million, up 21.6% year-over-year, with total reported revenue reaching $69 million including a $14 million non-recurring payment tied to an amended advertising agreement. CEO Christopher Ruddy noted that the quarter was the strongest in the company's history as a public company, with engagement rising through the midterm campaign period.
Premarket movers: Modine surges; Cerebras jumps on Microsoft deal
U.S. stock futures climb amid upcoming inflation data, Nvidia fallout
