Stock index futures were deeply in the red on Thursday as investors digested Alphabet’s earnings beat and assessed the latest labor data. Here are the four stocks to watch on the day:
Netflix (NFLX) shares rose 0.7% in premarket trade after President Donald Trump said he would stay out of the takeover battle between Netflix and Paramount Skydance over Warner Bros. Discovery (WBD). This marks a notable shift from two months ago, when Trump indicated he would be involved in the deal’s approval process.
NIO (NIO) shares surged nearly 6.8% in premarket trading after the Chinese EV maker said it expects to post an adjusted operating profit of ~RMB700 million to RMB1.2 billion (roughly $100 million to $172 million) in the fourth quarter of 2025, based on preliminary, unaudited figures. This would mark the first time Nio has delivered an adjusted quarterly operating profit, compared with an adjusted operating loss of RMB5.54 billion in the same period last year.
Nike (NKE) shares slipped 0.8% in premarket trade after the Equal Employment Opportunity Commission announced it is investigating the company over allegations of discriminating against white workers as a result of its Diversity, Equity, and Inclusion-related objectives. The EEOC filed a subpoena enforcement action in federal court to compel Nike to produce information related to these allegations, with some requests dating back to 2018.
Amazon (AMZN) shares will be watched keenly as the company is scheduled to report Q4 earnings after the market close. Wall Street expects EPS of $1.95 on revenue of $211.23 billion, representing 12.5% year-over-year growth. AWS posted a 34.6% margin last quarter, with segment revenue up 20% year-over-year to $33 billion, and Bloomberg consensus forecasts Q4 AWS revenue of $34.8 billion with margins of approximately 34.43%.