Stock futures pointed lower on Tuesday morning as investors adopted a cautious stance ahead of several important economic reports scheduled for release later this week, reflecting uncertainty over the outlook for inflation and growth.
Biggest stock gainers
- Keysight Technologies (KEYS) +14% – Shares jumped after delivering fourth-quarter earnings and guidance well above expectations. The company posted adjusted EPS of $1.91 and revenue of $1.42B, up 10% Y/Y, driven by an 11% rise in Communications Solutions to $990M and a 9.2% gain in Electronic Industrial Solutions to $429M. Orders totaled $1.53B, topping forecasts. For Q1 FY2026, Keysight guided adjusted EPS to $1.95–$2.01 and revenue to $1.53B–$1.55B, both ahead of analyst estimates, and also unveiled a new $1.5B share buyback program.
- Symbotic (SYM) +13% – Shares soared after reporting a strong FQ4, with revenue rising to $618M from $565M and matching estimates, reflecting steady demand for its AI-driven warehouse automation systems. Adjusted EBITDA improved to $49M from $42M, while gross margin expanded to 20.6% from 17.1%. Free cash flow swung positive to $494M, compared to negative $121M a year ago, and cash on hand rose by $467M to $1.25B. For FQ1, Symbotic guided revenue of $610M–$630M and adjusted EBITDA of $49M–$53M, noting that customer transitions to its next-gen storage architecture are on track.
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Zoom Communications (ZM) +4% – Shares climbed after the communications software company reported Q3 results and guidance ahead of expectations and announced a new $1B share buyback. The company guided FQ4 revenue to $1.23B–$1.235B and adjusted EPS to $1.48–$1.49, both topping estimates. Full-year revenue is expected at $4.852B–$4.857B, with adjusted EPS of $5.95–$5.97 and free cash flow of $1.86B–$1.88B, underscoring continued operating strength.
Biggest stock losers
- NVIDIA (NVDA) -4% – Shares fell after a report said Meta (META) is in talks to spend billions on Google’s TPU chips for its 2027 data centers, with potential short-term rentals from Google Cloud next year. A deal would give TPUs a stronger foothold as an alternative to Nvidia’s AI hardware, increasing competitive pressure on both Nvidia and AMD. Google parent Alphabet (GOOGL) shares rose 3% on the news.