Diana Shipping: Diana said Friday that it withdrew its bid to acquire Genco Shipping & Trading $(GNK)$, ending a nearly year-long takeover battle between the two shipping companies. Shares in Diana rose over 7% premarket.

Alibaba (BABA, HK:9988): The Chinese company struck a $1.5 billion deal to sell its videogame business as it sharpens its focus on AI. Shares rose in Hong Kong; its U.S.-listed ADRs ticked up premarket.

Micron Technology $(MU)$, Marvell Technology $(MRVL)$, Intel $(INTC)$, Advanced Micro Devices $(AMD)$: Shares in the chipmakers gained ahead of the bell; they are among the most active stocks premarket.

BHP $(BHP)$: The Australian miner is set to report earnings after markets close.