Broadcom $(AVGO)$: The semiconductor and software maker's quarterly results beat forecasts. Artificial-intelligence revenue more than doubled. Shares rallied roughly 7% in premarket trading.

Morgan Stanley $(MS)$: The bank is laying off around 3% of its workforce, or about 2,500 people, The Wall Street Journal reported. The cuts affect employees in its three main divisions.

Alphabet $(GOOGL)$, Microsoft $(MSFT)$, Meta Platforms (META), Oracle $(ORCL)$ and Amazon (AMZN): The technology companies vowed to pay more for power to prevent AI data centers from driving up consumer electricity bills.

StubHub $(STUB)$: The ticket-exchange platform swung to a quarterly loss and its revenue fell. Shares dropped about 10% before the open.

Cracker Barrel Old Country Store $(CBRL)$: The restaurant chain said its turnaround efforts were taking shape. The stock jumped 7.5% ahead of the bell.

Okta $(OKTA)$: The identity-management and security company posted forecast-topping earnings, but its outlook for this quarter disappointed. The stock rose over 1% premarket.