Stock futures were rising Friday as the cease-fire between Israel and Lebanon helped to extend the recent relief rally.
These stocks were making moves in premarket trading:
Netflix slumped 9.9%, making it the S&P 500's worst performer ahead of the opening bell. The video streamer reported solid first-quarter earnings but its guidance looked weak despite last month's price hikes. Netflix also said that co-founder and Chairman Reed Hastings would be stepping down to focus on philanthropy and other pursuits.
Advanced Micro Devices slipped 0.3%, putting the chip maker on course to snap a 12-session winning streak, its longest run of gains since 2005. Shares have risen 42% over the period, rallying on broader market optimism as well as a rebound in artificial-intelligence stocks.
Alcoa fell 2.6% after the aluminum producer's first-quarter earnings and revenue fell short of analysts' expectations. The stock had gained 202% over the past 12 months through Thursday's close, boosted by the Trump administration's tariffs on imported aluminum and the Iran war disrupting shipping through the Strait of Hormuz.
Madison Air Solutions rose 1.1% to $32.11, having jumped 17.6% in its trading debut on Thursday. The company raised $2.2 billion in an initial public offering on Wednesday, making it the largest listing of 2026 so far.
Knight-Swift Transportation fell 1.1% after the trucking company lowered its first-quarter earnings guidance, citing factors including higher fuel costs and weather disruptions in January.
NiSource added 2.7% after the utility company said it had agreed to a long-term deal to supply power for Alphabet data centers. NiSource also said it was expanding its agreement with Amazon.
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