Stock index futures were higher on Thursday as investors awaited updates regarding the Supreme Court’s decision on the legality of tariffs. Here are four stocks to watch on the day:
Marvell Technology (MRVL) stock was up 8.2% in premarket trade as SoftBank (OTCPK:SFTBF) (OTCPK:SFTBY) reportedly explored a potential takeover of the U.S. chipmaker earlier this year. The Japanese conglomerate’s billionaire founder, Masayoshi Son, has been studying Marvell as a possible target on and off for years.
Airbnb (ABNB) shares will be watched as it will announce third-quarter earnings and investors will watch out for gross booking value growth, plans for international expansions and investment in services and experiences. Wall Street expects the San Francisco-based rental home company to post EPS of $2.32, while revenue is expected to increase 9.4% to $4.08 billion during the quarter.
Datadog (DDOG) shares rose about 16.4% before the opening bell after third-quarter results beat estimates and the company raised its full-year 2025 outlook. For the full year, the company raised its revenue outlook and now expects between $3.386B and $3.390B (midpoint at $3.388B) versus a consensus of $3.33B.
Robinhood Markets (HOOD) was nearly flat in premarket trade as the company increased its guidance for full-year expenses after its Q3 total operating expenses came in higher than expected. The stock and crypto trading app raised its 2025 guidance for combined adjusted operating expenses and share-based compensation to ~$2.28 from its prior guidance of $2.15B-$2.25B.