Check out the companies making the biggest moves in premarket trading: Super Micro Computer — The artificial-intelligence tech firm surged 6% following an the announcement that it began volume shipments of its Nvidia Blackwell Ultra solutions to customers worldwide. Warner Bros. Discovery — The HBO Max owner climbed nearly 8% following Thursday’s 29% gain. CNBC reported Thursday that Paramount Skydance was preparing an offer for Warner Bros. Discovery. RH — The luxury furniture retailer fell roughly 8% in pre-market trading after slashing its annual revenue outlook. The chain is targeting revenue growth between 9% and 11% this year, down from its previous goal of 10% to 13%. Adobe — The software company rose more than 3% after reporting better-than-expected results in its fiscal third quarter. Adobe earned an adjusted $5.31 per share on revenue of $5.99 billion, while analysts had estimated a profit of $5.18 per share on revenue of $5.91 billion, according to LSEG. Baidu — U.S.-listed shares of the Chinese tech company rallied nearly 5% following a report from The Information that Baidu and Alibaba have begun using their own chips to train artificial-intelligence models. U.S.-listed shares of Alibaba were down fractionally. Alaska Air — The airline added 3% on the back of an upgrade to buy from neutral at UBS. Microsoft — Microsoft and OpenAI reached a deal to extend their relationship. Shares of Microsoft inched up more than 1%. BigBear.ai — The A.I-national security company jumped more than 7% after saying its technology accelerated U.S. arrivals at Nashville International Airport. Opendoor Technologies — The meme stock lost almost 4% after soaring 78% on Thursday , when Opendoor announced Shopify executive Kaz Nejatian as its new CEO. Klarna — The buy now, pay later platform rose 3%, recouping about half of Thursday’s more than 6% loss. Klarna debuted Wednesday on the New York Stock Exchange , closing at $45.82 after pricing its IPO above its expected range. Figure Technology Solutions – The blockchain lender slipped 1%. Figure debuted on the Nasdaq Thursday, closing 24% above its $25-per-share IPO price. Gemini Space Station — The cryptocurrency company founded by Cameron and Tyler Winklevoss is set to begin trading today . It priced its initial public offering at $28 per share late Thursday, according to Bloomberg. A Gemini spokesperson could not confirm the report. (Learn the best 2026 strategies from inside the NYSE with Josh Brown and others at CNBC PRO Live. Tickets and info here .)
