Stock futures were declining Friday and the S&P 500 and Nasdaq Composite were set to slip from record highs after President Donald Trump said the U.S. would levy a 35% tariff on imports from Canada effective Aug. 1.

These stocks were poised to make moves Friday:

Nvidia shares were down 0.7% in premarket trading after the maker of artificial-intelligence chips set a record closing high of $164.10 on Thursday and finished the session with a market capitalization of $4.004 trillion, the first company ever to top $4 trillion. Nvidia had crossed $4 trillion intraday on Wednesday but came up just short as the trading day ended. The stock has surged more than 50% over the past three months amid sky-high demand for all things AI.

Coinbase rose 2.2%, MicroStrategy gained 3.3%, and MARA Holdings gained 4.1% as the crypto-related stocks jumped after Bitcoin set a record high above $118,000.

Boeing was down 0.3% in premarket trading. The Wall Street Journal reported that India’s Aircraft Accident Investigation Bureau is expected to release a preliminary report Friday on Air India flight 171, which crashed June 12 and killed about 260 people on the plane and on the ground. The Journal said the initial investigation has focused on the actions of the pilots, and so far doesn’t point to a problem with the Boeing 787 Dreamliner. Boeing shares tumbled days after the crash but have since recovered, rising about 6% since June 12.

Tesla slipped 0.3% in premarket trading after the maker of electric vehicles closed Thursday up 4.7%. CEO Elon Musk said Tesla would be expanding its robo-taxi service to a larger area in Austin this weekend. Musk also said Thursday the EV company would be holding its annual meeting on Nov. 6, following pressure from shareholders that Tesla would be out of compliance if it didn’t set a date.

Delta Air Lines was down 1% in the premarket session. The carrier jumped 12% on Thursday after reporting quarterly earnings that beat Wall Street estimates and restored its full-year guidance. The airline withdrew its full-year guidance when it reported first-quarter earnings in April. Delta said it expects earnings in 2025 of between $5.25 and $6.25 a share, lower than its outlook in January of greater than $7.35 but better than Wall Street’s estimate of $5.38.

Rival United Airlines, meanwhile, fell 0.5% after jumping 14% on Thursday, the stock’s largest daily percentage increase since April 9, when it rose more than 26%.

Levi Strauss jumped 7.2% after the jeans maker topped second-quarter earnings expectations and raised fiscal-year guidance. The company said it now expects revenue for fiscal 2025 to rise 1% to 2%, better than prior guidance that called for a 1% to 2% decline. 「Given our strong H1 and continued momentum across the business—and despite higher tariffs—we are raising our full-year revenue and EPS expectations,」 said Chief Financial Officer Harmit Singh.

PriceSmart, which operates membership warehouse clubs in Latin America and the Caribbean, rose 7.1% in after-hours trading Thursday after fiscal third-quarter earnings and sales rose from a year earlier. Merchandise sales, which make up the most of PriceSmart’s top line, rose 7% on a comparable basis.