Stock futures were mixed Friday after the three main U.S. blue chip indexes all hit record highs in the previous session. Investors will be tuned to developments in U.S.-China trade talks and an expected phone call between President Donald Trump and his Chinese counterpart Xi Jinping.

These stocks were poised to make moves Friday:

Intel was falling 2.9% in premarket trading after rising 23% on Thursday to $30.57, a 52-week high, following Nvidia's purchase of $5 billion in the chip maker's stock. Intel's gain Thursday was its largest percentage increase since Oct. 29, 1987, when it rose more than 26%, according to Dow Jones Market Data.

Nvidia declined 0.4%. It closed up 3.5% on Thursday at $176.24 and snapped a three-session losing streak. Shares of the leading maker of artificial-intelligence chips have risen 31% this year.

Micron Technology was down 0.7% ahead of the start of trading on Wall Street after the memory chip maker rose 5.6% on Thursday and set a record high of $168.89. Micron extended its winning streak to 12 consecutive sessions, its longest streak on record, according to Dow Jones Market Data. Micron has gained 43% over the span.

FedEx jumped 5% after the logistics giant reported fiscal first-quarter adjusted earnings of $3.83 a share, topping analysts' estimates of $3.62, while revenue of $22.2 billion also beat Wall Street forecasts. Domestic package volumes rose 5%, FedEx said, while domestic package revenue grew 8% from a year earlier. The company said it expects fiscal 2026 revenue growth of between 4% and 6% versus analysts' estimates of 1%, and adjusted earnings of between $17.20 and $19 a share, compared with Wall Street projections of $18.36. Shares of rival $United Parcel Service(UPS)$ rose 1.4% in premarket trading.

Home builder Lennar was down 2.9% in premarket trading after posting fiscal third-quarter earnings that missed analysts' forecasts. Lennar earned $2.29 a share in the period, or $2 excluding mark-to-market gains on technology investments, on revenue of $8.8 billion. Analysts had expected earnings of $2.10 on revenue of just under $9 billion. Lennar's gross margin, a closely watched metric at a time when home builders are cutting prices and offering buyer incentives to sell homes, was 17.5%, shy of consensus estimates that called for 17.8%.

Electric-vehicle maker Tesla was rising 1%. The stock ended Thursday's session down 2.1%, putting an end to a winning streak of seven trading days. Coming into Friday trading, Tesla shares have gained nearly 25% this month, or 5.3% this week, boosted by a report the company settled a California lawsuit over its driver assistance technology, CEO Elon Musk buying shares for the first time since 2020, and an interest-rate cut.

Netskope, Inc. , the AI cybersecurity-software company, rose 2.7% in the premarket session to $23.09 after opening at $23 a share in the stock's trading debut Thursday and closing at $22.49, up 18% from the initial public offering price of $19.