Stock futures were sliding Tuesday as investors fretted about the stalemate between the U.S. and Iran and awaited the release of the consumer price index report for April.
These stocks were making moves in premarket trading:
Intel slipped 3% and Micron Technology declined 3% as investors opted to lock in profits following a breakneck rally in chip stocks. Qualcomm dipped 2%, having closed at a record high on Monday.
Hims & Hers Health Inc. sank 16% after the telehealth provider reported a surprise first-quarter loss. Hims is losing its edge as major drugmakers seek to reclaim the market share that the telehealth provider gained during a shortage of GLP-1 weight loss medications.
GitLab dropped 10% after the software company said it would begin a restructuring process and cut jobs. GitLab reaffirmed its first-quarter and full-year financial guidance.
AST SpaceMobile, Inc. tumbled 12% after the satellite manufacturer posted a wider loss than analysts were expecting for the first quarter. Expectations were high, with shares up 212% over the past year through Monday's close.
ZoomInfo Technologies Inc. plunged 34% after the artificial-intelligence data-scraping company cut its fiscal-year revenue. Shares were down 41% in 2026 through Monday's close.
Plug Power rose 9%. The hydrogen technology production company posted better-than-expected first-quarter revenue.
BETA Technologies, D-Wave Quantum, eToro, Qnity Electronics, Under Armour, Venture Global, Via Transportation, Zebra Technologies, Franco-Nevada, Karman, Nextpower, and Oklo are all set to report earnings on Tuesday.