Stock futures edged up Wednesday morning ahead of the FOMC minutes release and the latest earnings batch.
Here are some of Wednesday’s biggest stock movers:
Biggest stock gainers
- SSR Mining (SSRM) +6% – Shares advanced after posting strong Q4 results, with revenue jumping 61.4% Y/Y to $521.7M. The miner also issued solid 2026 guidance, forecasting production of 450K–535K gold-equivalent ounces, roughly a 10% annual increase, and boosted investor sentiment further by authorizing a share buyback program of up to $300M.
- Nvidia (NVDA) +2% and Meta (META) +1.5% – Shares rose after the companies unveiled a broad multi-year AI infrastructure partnership. The deal features Meta’s first large-scale rollout of Nvidia’s Grace CPUs, future Vera CPU adoption, expanded Spectrum-X networking, GB300 systems for data centers, and Nvidia confidential computing enhancing AI privacy features in WhatsApp.
- New York Times (NYT) +2% – Shares edged up after Berkshire Hathaway (BRK.A) (BRK.B) disclosed a new position in the media company. The investment firm, led by Warren Buffett, reported owning roughly 5.07M NYT shares valued at about $351.7M at the end of Q4 2025, signaling fresh institutional confidence in the publisher.
Biggest stock losers
- Similarweb (SMWB) -22% – Shares plunged after the company posted Q4 revenue of $72.8M, missing the consensus mark despite in-line EPS, and issued weak guidance. Similarweb expects Q1 revenue of $72M–$74M, below the consensus of $77.88M, and FY2026 revenue of $305M–$315M vs. the consensus of $323.75M, with modest operating profit forecasts, signaling slower growth and pressuring investor sentiment.
- Palo Alto Networks (PANW) -8% – Shares dipped after mixed FQ2 results, as strong 15% Y/Y growth and sharply higher revenue guidance were overshadowed by a weaker earnings outlook. The company sees FQ3 revenue around $2.94B, well above expectations of $2.6B, but guided adjusted EPS to $0.78–$0.80, below estimates of $0.92. For FY2026, Palo Alto lifted revenue guidance to about $11.3B while projecting EPS of $3.65–$3.70, roughly in line to slightly below consensus, suggesting margin pressure despite solid demand.