Stock index futures were higher on Friday as the key jobs report came largely as expected. Here are the four stocks to watch on the day:
TSMC (TSM) rose 0.5% in premarket trading after reporting December 2025 revenue of approximately NT$335 billion on a consolidated basis. The figure represents a 2.5% decline from November but a 20.4% increase compared to the same month a year earlier. The chipmaker serves as a key supplier to major technology companies, including Apple, Nvidia, and AMD.
General Motors (GM) fell 2.4% before the opening bell after announcing it will take an additional $7.1 billion charge tied to its decision to scale back electric vehicle production and Chinese operations. The charge comes on top of the $1.6 billion the automaker previously recorded in the three months ended September 30.
Alibaba (BABA) slipped 2.51% in premarket trade despite its Hong Kong-listed shares rallying as much as 3.1%—marking their strongest intraday performance since late 2024. The surge was triggered by a Bloomberg report stating that Beijing is preparing to approve the import of Nvidia’s H200 AI chips for commercial use as early as this quarter.
Johnson & Johnson (JNJ) edged down 0.3% in premarket trading after entering an agreement with the Trump administration to reduce drug prices for millions of U.S. patients. The deal exempts the company’s products from U.S. tariffs, while Johnson & Johnson plans to build two new U.S. facilities in North Carolina and Pennsylvania as part of its $55 billion domestic investment in manufacturing and innovation.