Richard Drury
Stock index futures rose on Thursday, with Nasdaq futures leading the charge, as Meta and Microsoft impressed investors with their quarterly results, while June PCE came in just a little hotter than expected Y/Y. Here are five stocks to watch out for:
Figma (NYSE:FIG) shares will be closely watched after the design and product development company is set for its debut in the U.S. stock market. The company priced its initial public offering at $33 per share, hitting a $19.3 billion valuation. The firm had initially agreed to be acquired by Adobe (ADBE) for $20 billion, but the deal fell apart in 2023 due to regulatory scrutiny.
AbbVie (NYSE:ABBV) shares were up 4% in premarket trade after the company recorded better-than-expected financials for Q2 2025 and raised its full-year earnings outlook as its newer immunology drugs offset a sharp sales decline for its blockbuster arthritis therapy Humira.
Moderna (NASDAQ:MRNA) stock was down 1.8% as the company said it plans to cut nearly 10% of its global workforce by the end of 2025, marking the COVID-19 vaccine maker’s latest restructuring effort. The Cambridge, Massachusetts-based biotech expects to have fewer than 5,000 full-time staffers by the end of this year, compared to the nearly 5,800 it recorded as of the end of 2024.
Amazon (NASDAQ:AMZN) shares will be in focus on Thursday as the company reports its quarterly results after the market close. The consensus EPS estimate is $1.31, and the consensus revenue estimate is $162.09 billion. Analysts expect revenues to be driven by continued growth in Amazon Web Services and expanding retail and advertising segments.
Apple (NASDAQ:AAPL) stock will be keenly watched as the iPhone maker will release its results after the market close. Analysts expect Apple to turn in strong results despite concerns of slowing iPhone growth. The company is expected to report third-quarter EPS of $1.43/share on revenue of $89.16 billion.