US stock futures rose before Monday's open, with Nasdaq-100 contracts gaining 0.83%, S&P 500 futures adding 0.5% and Dow futures up 0.5%. Traders await October manufacturing PMI and ISM manufacturing data today, followed by Apple and Palantir results after the close.
Monday's Premarket Gainers and Losers
Premarket % move, Nov. 2, 2026
| Company (ticker) | Move (% up or down) | Catalyst |
|---|---|---|
| Rivian | +3.8% | UBS upgrade to buy ahead of R2 ramp |
| Estée Lauder | +3.5% | Fiscal Q1 beat, raised full-year outlook |
| CrowdStrike | +3.4% | Deutsche Bank upgrade to buy |
| Marvell Technology | +3% | Agreed to buy Lumentum in all-stock deal |
| Okta | +2.5% | S&P 500 inclusion on Nov. 4 |
| Vertiv | +2.5% | Rebound after Friday selloff |
| Bloom Energy | +2.3% | Rebound after Friday selloff |
| Lumentum | +2% | Acquisition target, shares halted |
| Palo Alto Networks | +2% | Moved with cybersecurity peers |
| Micron | ~+2% | Memory stocks bid as AI names recover |
| SanDisk | ~+2% | Memory stocks bid as AI names recover |
| Western Digital | ~+2% | Memory stocks bid as AI names recover |
| Alphabet | +1.33% | Recovery after steep weekly decline |
| Ryanair | +0.73% | Q2 revenue $6.56B vs $6.47B estimate |
| Intel | +0.8% | Steadying after last week's plunge |
| ExxonMobil | -1.2% | Oil prices fell |
| Valero | -1.5% | Oil prices fell |
| Chevron | nearly -1% | Oil prices fell |
Source: CNBC, Yahoo Finance, Stocktwits
Mega-caps and AI names steady
Alphabet climbed 1.33% as the Google parent recovered some of last week's 12.6% decline, its steepest weekly loss since 2008. Search revenue undershot forecasts for a second consecutive quarter. The company also began marketing its second euro bond offering of the year.
Intel gained 0.8% following last week's selloff tied to its weak fourth-quarter forecast. Third-quarter sales totaled $16.5B, increasing 21% from a year earlier. The chipmaker warned that constrained supplies and softer demand for PCs could hurt the coming quarter.
Micron advanced about 2% as investors returned to AI-linked stocks following Friday's sharp technology selloff. Memory companies participated broadly in the rebound.
SanDisk gained about 2%, joining the recovery in memory stocks after investors sold AI-related names on Friday.
Western Digital rose about 2% alongside other memory companies as trading in the group improved from Friday's pullback.
Vertiv climbed 2.5%, reversing part of Friday's 5% decline. Investors bought back the digital infrastructure company following that retreat.
Bloom Energy rebounded 2.3% after losing 8% in the previous session, joining other infrastructure names recovering before the bell.
Upgrades and deals drive the rest
Rivian rose 3.8% as UBS upgraded the electric vehicle maker to buy. Analyst Joseph Spak pointed to its recent selloff as a chance to invest ahead of the ramp-up in production of the R2 midsize SUV.
Estée Lauder gained 3.5% following stronger-than-expected fiscal first-quarter results. The beauty company's $3.72B in revenue exceeded the $3.65B FactSet consensus, and management increased its earnings forecast for the full year.
CrowdStrike added 3.4% after Deutsche Bank changed its recommendation from hold to buy. Analyst Brad Zelnick expects AI to expand the market for cybersecurity beyond what investors currently anticipate.
Palo Alto Networks rose 2%, lifted alongside cybersecurity rival CrowdStrike after the Deutsche Bank upgrade.
Marvell Technology advanced 3% on its agreement to acquire Lumentum for $115B in stock. Completion is expected during 2028's first half.
Lumentum gained 2% before a trading halt following the announced Marvell transaction.
Okta climbed 2.5% ahead of its entry into the S&P 500. It replaces Kenvue before trading starts Nov. 4, prompting index-tracking funds to adjust their holdings.
Ryanair gained 0.73% after its fiscal second-quarter report. Revenue of $6.56B beat analysts' $6.47B forecast.
ExxonMobil fell 1.2% as oil declined amid hopes for diplomatic progress between the US and Iran.
Chevron slipped nearly 1%, joining the retreat in energy stocks as crude prices weakened.
Valero dropped 1.5% with other energy companies as the oil market pulled back.
Apple and Palantir are scheduled to report after Monday's close. Apple's results will be its first under CEO John Ternus. Analysts expect Palantir revenue of $2.18B, representing 85% growth from a year earlier.
