US stock futures edged up Tuesday as the Federal Reserve kicked off a two-day meeting where it is widely expected to reduce interest rates for the first time since last December.

These stocks were poised to make moves Tuesday:

Tesla was rising 2.1% in premarket trading after shares of the electric-vehicle maker rose 3.6% on Monday following the disclosure that CEO Elon Musk purchased $1 billion of shares, his first purchases of Tesla stock in the open market since February 2020.

Alphabet was rising 1% after the parent company of Google closed up 4.5% on Monday to $251.61, a record time high. The move came as its AI chatbot Gemini reached the top spot in the U.S. App store over the weekend and a judge handed Google a limited set of remedies to mitigate its dominance in internet search earlier this month. On Monday Alphabet's market capitalization closed above $3 trillion for the first time, according to Dow Jones Market Data. Alphabet joined Apple, Nvidia, and Microsoft as the fourth company on record to ever close above the milestone.

Oracle rose 4.4% in the premarket, building on a 3.4% gain Monday, following speculation that the software company may be part of a deal between the U.S. and China over the Chinese social-media app TikTok. President Donald Trump wrote on his Truth Social platform that "a deal was also reached on a 'certain' company that young people in our Country very much wanted to save." It comes on the back of strong momentum for Oracle stock, following a blowout earnings report last week which sent shares up 36%.

Shares of Nvidia, the leading maker of artificial-intelligence chips, slid 0.3%. The stock closed down slightly Monday at $177.75 after China's market regulator said a preliminary investigation found Nvidia had violated antimonopoly laws. The stock had fallen to as low as $174.51 during Monday's session. It has risen 32% this year.

Dave & Buster's Entertainment, the arcade-restaurant operator, was tumbling 17.5% after second-quarter adjusted earnings widely missed analysts' estimates. Revenue of $557.4 million also missed forecasts and comparable sales declined 3% versus projections for a decline of 2.2%.

Shares of Novo Nordisk gained 2% in premarket trading. The World Health Organization will recommend using weight-loss drugs to treat obesity in adults, according to draft guidance from the agency that urged countries to take the condition seriously as a chronic disease.

Chipotle Mexican Grill rose 2% after its board of directors authorized a $500 million stock buyback, bringing its total share repurchase authorization to about $750 million as of Sept. 15, the restaurant chain said. Like many of its peers, Chipotle has fallen by double digits this year amid cautious consumer spending and higher costs.

Webtoon Entertainment stock soared 47.5% in premarket trading. Disney plans to take a stake in Webtoon as the companies prepare to create a new digital platform that will house all of the entertainment giant's various comic brands, including Marvel and Star Wars. Shares of Webtoon soared 60% to $24 in overnight trading.

Ferguson Enterprises, the plumbing-equipment distributor, is scheduled to report fiscal fourth-quarter earnings before the stock market opens Tuesday.