By George Glover
Stock futures were rising on Wednesday, with investors hopeful a House vote today will end the government shutdown.
These stocks were poised to make moves:
Shares in the chip maker Advanced Micro Devices climbed 5.5% ahead of the opening bell, following Tuesday's Financial Analyst Day in New York. After the market closed, CFO Jean Hu said AMD expects to increase its operating margin to more than 35% over the next three to five years, from 24% this year, resulting in a "clear path" to annual earnings of more than $20 a share. Wall Street had been forecasting 2028 earnings of $10.18 a share.
Nvidia stock climbed 1.6%. The move came after key supplier Foxconn reported a better-than-expected quarterly profit, as the artificial-intelligence boom continues to drive demand for its servers. The Taiwanese company, formally known as Hon Hai Precision Industry, reported that cloud and networking products accounted for 42% of its total revenue.
On stock jumped 7.9% after the Swiss sneaker brand topped Wall Street's profit and revenue targets and raised its full-year guidance for net sales and earnings before interest, taxes, depreciation, and amortization, or Ebitda.
BILL Holdings shares jumped 13%. The business-payments company is exploring options including a sale, Bloomberg reported, citing people familiar with the matter. BILL didn't immediately respond to a request for comment from Barron's.
Fortinet slid 0.8% after Daiwa Securities cut its rating on the cybersecurity stock to Neutral from Outperform, and lowered its price target to $80 from $86.
Chip manufacturer GlobalFoundries, payments technology company Circle Internet, and tech conglomerate Cisco Systems are all set to report earnings Wednesday.
Write to George Glover at george.glover@dowjones.com
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November 12, 2025 05:45 ET (10:45 GMT)
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