Stock futures rose Wednesday ahead of the Federal Reserve's latest decision on interest rates and a slew of earnings from Big Tech.

These stocks were poised to make moves:

Nvidia rose 3.2% after President Donald Trump said he may discuss the company's advanced Blackwell chips with Chinese President Xi Jinping when the two leaders meet in South Korea on Thursday. The shares closed Tuesday up 5% at $201.03, a record high. Nvidia ended the session with a market cap of $4.885 trillion, cementing its position as the most valuable U.S. company.

Driving the gains Tuesday were comments from CEO Jensen Huang, during Nvidia's developer conference in Washington, D.C., where he announced several new partnerships and technologies, including an interconnect technology for quantum computing and an agreement with Uber Technologies to build a 100,000 robo-taxi fleet. The CEO also said Nvidia now has visibility on more than $500 billion of cumulative revenue for its current Blackwell AI chips and future Rubin chips through 2026.

Shares of Microsoft climbed 0.4% in the premarket session after gaining 2% on Tuesday to a record $542.07 and closing with a market capitalization of $4.03 trillion, the first time the software giant's market value finished a session greater than $4 trillion. On Tuesday, OpenAI's for-profit arm finalized its conversion into a public-benefit corporation that will see Microsoft take a 27% stake in the maker of ChatGPT. The position was valued at about $135 billion.

The software giant, the second-most valuable U.S corporation, is scheduled to report fiscal first-quarter earnings after the closing bell.

Joining Microsoft Wednesday on the earnings docket are Google parent Alphabet, which climbed 0.7% ahead of its third-quarter earnings report scheduled for after Wall Street closes Wednesday, and Meta Platforms, the owner of Facebook and Instagram, which gained 0.6% ahead of the release of its quarterly numbers.

Earnings reports are also expected Wednesday from Caterpillar, ServiceNow, Boeing, Verizon Communications, KLA Corp., CVS Health, Starbucks, Carvana, Chipotle Mexican Grill, GE HealthCare Technologies, and eBay.

Booking Holdings, the online travel agency, rose 2.8% after third-quarter adjusted earnings and revenue exceeded analysts' estimates and gross bookings in the period increased 14% and room nights rose 8%. Booking expects revenue to grow 10% to 12% in the fourth quarter, noting that while "there remains some uncertainty in the macroeconomic and geopolitical backdrop, we are pleased to see continued momentum with steady travel demand trends in our business so far" in the period.

Shares in Mondelez International dropped 5.8% after the company, which makes Oreo cookies and Ritz crackers, topped analysts' earnings expectations but cut its guidance for 2025.

Seagate Technology rose 7.3% after the data storage company topped Wall Street earnings estimates in its fiscal first quarter and forecast that its profit and revenue for the current second quarter also would top expectations.

Bloom Energy jumped 19% after posting third-quarter adjusted profit of 15 cents a share, beating analysts' expectations of 10 cents. Revenue of $519 million outpaced expectations for $428 million. Bloom Energy shares have risen more than 400% in 2025, largely on expectations that it will play a role in providing power for AI data centers.

Enphase Energy fell 8.3% in premarket trading after the maker of solar-power inverters said its third-quarter profit and revenue rose from a year ago, issued fourth-quarter revenue guidance that missed analysts' expectations.

Teradyne shares jumped 21% after the automatic test equipment designer said it expects a 27% jump in sales in the fourth quarter as "AI-related test demand remains robust across compute, networking and memory segments."

Stride plunged 37% after the online education company's revenue guidance for its fiscal second quarter and fiscal year missed analysts' forecasts. Company executives said on a call with analysts that investments in third-party platforms to upgrade its online learning platform didn't go as smoothly as expected, Dow Jones Newswires reported. That and other factors led to about 10,000 to 15,000 fewer enrollments.