Home Depot, Keurig Dr Pepper, and AMD rise before the market; Novo Nordisk falls

LootboxPhobia · 2026-02-24T22:06:44+00:00

U.S. stock index futures edged higher on Tuesday, amid concerns over global trade uncertainties and artificial intelligence. Home Depot and Keurig Dr Pepper shares rose, while Novo Nordisk and Planet Fitness declined. AMD's stock surged 10% following a deal with Meta on AI chips.

LootboxPhobia

2026-02-24 22:06:44

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Investing.com - U.S. stock index futures edged higher on Tuesday, rebounding after the previous trading day’s sell-off as investors digest the impact of escalating global trade uncertainties and concerns over AI disruption.

Here are some of the biggest pre-market movers in the U.S. stock market today:

Home Depot (NYSE:HD) shares rose 2.1%, as the home improvement retailer’s Q4 earnings beat expectations and maintained its annual forecast, benefiting from resilient demand from budget-conscious customers.
Novartis (CSE:NOVOb) shares fell 2.9%, after JPMorgan downgraded the pharmaceutical giant from “Overweight” to “Neutral” due to disappointing late-stage trial results for its weight-loss drug CagriSema, which showed weaker-than-expected competitiveness compared to Eli Lilly’s Zepbound.
Keurig Dr Pepper (NASDAQ:KDP) shares increased 2.1%, following better-than-expected Q4 results and an impressive FY2026 revenue outlook, driven by the anticipated acquisition of JDE Peet’s.
DigitalOcean (NYSE:DOCN) shares declined 1.4%, despite the cloud infrastructure provider reporting Q4 earnings that beat expectations and raising revenue guidance for 2026 and 2027. The stock has gained over 23% so far this year.
Advanced Micro Devices (AMD) (NASDAQ:AMD) shares surged 10%, after the company agreed to sell AI chips worth up to $60 billion to Meta Platforms over five years, allowing Facebook’s parent company to purchase up to 10% of the chipmaker.
Planet Fitness (NYSE:PLNT) shares dropped 4.9%, as the gym operator’s outlook for 2026 disappointed despite beating Q4 earnings estimates.
Keysight Technologies (NYSE:KEYS) shares soared 13%, as the electronics equipment manufacturer forecasted Q2 profits exceeding Wall Street expectations.
Hims & Hers Health (NYSE:HIMS) shares fell 4.3%, as the telehealth company projected Q1 revenue below expectations.

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