Stock futures edged up on Friday morning, reversing some of the previous session’s pullback after both the S&P 500 and Nasdaq Composite retreated from their record highs, as investors weighed renewed U.S.-China trade tensions and the ongoing government shutdown.
Here are some of Friday’s biggest stock movers:
Biggest stock gainers
- Applied Digital (NASDAQ:APLD) +16% – Shares climbed after the company reported strong FQ1 results, with revenue soaring 84% Y/Y. The company also signed an additional 150 MW lease for its Polaris Forge 1 campus, bringing the full 400 MW of critical IT load under contract with CoreWeave (CRVW) and securing roughly $11B in prospective lease revenue over the 15-year term. Chairman and CEO Wes Cummins stated, “With hyperscalers expected to invest about $350B in AI deployment this year, we believe we are in a prime position to serve as the modern-day picks and shovels of the intelligence era.”
- Elastic N.V. (NYSE:ESTC) +10% – Shares soared after the company raised its revenue outlook at its Analyst Day. The Netherlands-based software firm now expects Q2 FY2026 revenue of $417M–$419M (up from $415M–$417M) and full-year revenue of $1.69B–$1.7B (previously $1.68B–$1.69B). Elastic also unveiled a $500M share buyback program, with CFO Navam Welihinda saying it reflects the Board’s confidence in the company’s “business, strategy, and execution.”
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UiPath (NYSE:PATH) +4% – Shares extended Thursday’s 18.8% surge that lifted shares to a 16-month high. The automation software maker is gaining momentum amid rising enthusiasm for agentic AI, driven by new partnerships with major players such as OpenAI, Nvidia (NVDA), Snowflake (SNOW), and Google (GOOG/GOOGL). UiPath plans to integrate its platform with Nvidia’s Nemotron models and NIM to deliver enterprise-ready AI “microservices,” enhancing natural language, image, and predictive analytics capabilities. It is also developing a ChatGPT connector with OpenAI to link enterprise workflows with its frontier models, simplifying AI agent creation and deployment.
Biggest stock losers
- USANA Health (NYSE:USNA) -11% – Shares dipped after releasing preliminary Q3 results that fell short of expectations. The company expects net sales of about $214M, up from $200M a year earlier but below the $224.1M consensus (one analyst estimate). Adjusted EBITDA is projected at $13.8M versus $24.6M last year, while adjusted EPS is expected at -$0.15, down sharply from $0.56 a year ago.
- Levi Strauss (NYSE:LEVI) -8% – Shares plunged even after reporting better-than-expected Q3 results and raising its full-year outlook, as investors remained cautious about a “complex” macroeconomic environment and higher-than-expected import tariffs. CEO Michelle Gass highlighted the company’s strength across channels and categories, noting confidence in “sustained, profitable growth into 2026 and beyond.” Levi’s now expects FY2025 EPS between $1.27 and $1.32 (up from $1.25–$1.30), organic revenue growth of about 6% (vs. 4.5–5.5% prior), and gross margin expansion of 100 bps, while maintaining its adjusted EBIT margin forecast of 11.4–11.6%.