Stock futures exhibited mixed performance in the premarket hours of Thursday as investors weighed fresh trade signals between Washington and Beijing.
Here are some of Thursday’s biggest stock movers:
Biggest stock gainers
- Medpace Holdings (NASDAQ:MEDP) +17% – Shares jumped after posting better-than-expected Q3 results and raising its full-year outlook. Revenue rose 24% year over year to $659.9M, driving non-GAAP EPS up to $3.86 from $3.01 a year earlier. The company now expects 2025 revenue between $2.48B and $2.53B (vs. prior $2.42B–$2.52B) and EPS of $14.60–$14.86 (vs. prior $13.76–$14.53), both above consensus estimates.
- Las Vegas Sands (NYSE:LVS) +5% – Shares rose after reporting strong Q3 results, driven by robust performance at its Marina Bay Sands property in Singapore and solid table game growth in both Macao and Singapore. Adjusted EPS rose 77% year over year to $0.78, beating estimates by $0.15, while revenue climbed 24% to $3.38B, topping forecasts by $280M. Adjusted property EBITDA surged to $1.34B from $991M last year. The company also raised its annual dividend to $1.20 per share and expanded its share repurchase program to $2B.
Biggest stock losers
- Molina Healthcare (NYSE:MOH) -18% – Shares plunged after slashing its 2025 non-GAAP EPS guidance to $14 from its prior “no less than $19” forecast, well below the $18.62 consensus. The health insurer cited rising medical costs across all segments, particularly in its marketplace business, and now expects a 91.3% medical cost ratio for 2025 versus 90.2% previously. Q4 EPS guidance was also cut to $0.35, reflecting marketplace and Medicare losses offsetting Medicaid strength. In Q3, Molina beat on revenue but missed on earnings as non-GAAP EPS dropped to $1.84 from $6.01 a year ago amid a higher medical cost ratio of 92.6%.
- International Business Machines (NYSE:IBM) -7% – Shares slid despite delivering Q3 results and guidance that exceeded expectations. The company reported stronger performance across all segments and raised its full-year outlook for both revenue and free cash flow. IBM now expects revenue growth of above 5% (vs. prior “at least 5%”) and free cash flow of about $14B. CEO Arvind Krishna highlighted continued global demand for IBM’s AI and hybrid cloud offerings, noting that its AI-related book of business has grown to over $9.5B.
- Tesla (NASDAQ:TSLA) -3% – Shares fell after the EV giant posted mixed Q3 results, missing profit estimates despite ~12% Y/Y revenue growth. EPS came in at $0.50, below the $0.56 consensus and $0.62 a year ago, while operating margin dropped to 5.8% from 10.8% last year. Adjusted EBITDA declined to $4.23B from $4.67B, with margin narrowing to 15% from 18.5%. Tesla cited near-term uncertainty from trade and fiscal policy shifts but reiterated its focus on long-term growth through investments in transport, energy, and robotics, expecting hardware profits to be increasingly complemented by AI, software, and fleet-based earnings.