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Key Moments

  • S&P 500 and Nasdaq 100 futures traded higher in early U.S. hours as investors showed renewed interest in technology stocks.
  • Tesla (NASDAQ: TSLA), UniFirst (NYSE: UNF), and Clearwater Analytics (NYSE: CWAN) all advanced in premarket action on deal and legal news.
  • Honeywell International (NASDAQ: HON) edged lower after updating its 2025 outlook to reflect the spin-off of its Advanced Materials business.

Index Futures Point Higher Ahead of the Open

Investing.com — U.S. equity-index futures traded in positive territory ahead of the opening bell as buyers returned to technology names. Futures tied to the S&P 500 Index were up 0.4% at 6:20 in New York, while Nasdaq 100 contracts added 0.5%.

Premarket Leaders and Laggards

Several individual stocks posted notable premarket moves driven by legal developments, takeover interest, commodity strength, and corporate guidance changes.

CompanyTicker / ExchangePremarket MoveKey Driver
TeslaTSLA / NASDAQ+1.3%Restoration of Elon Musk’s 2018 CEO compensation plan by Delaware Supreme Court
UniFirstUNF / NYSESurged over 30% on WednesdayFresh takeover bid from Cintas, according to the Wall Street Journal
Newmont Goldcorp; Coeur MiningNEM, CDE / NYSEAdvancedGold and silver prices hit record highs, boosting miners
Clearwater AnalyticsCWAN / NYSE+8.6%Buyout agreement with private equity group led by Permira and Warburg Pincus, valuing firm at $8.4 billion including debt
Honeywell InternationalHON / NASDAQAbout -1%Updated full-year and Q4 2025 guidance after classifying Advanced Materials as discontinued operations post spin-off

Tesla Gains on Court Ruling

Tesla (NASDAQ: TSLA) traded 1.3% higher after the Delaware Supreme Court reinstated Elon Musk’s 2018 chief executive compensation package. The decision concluded a multi-year legal dispute over the record-setting pay award.

UniFirst Soars on Takeover Interest

Unifirst (NYSE: UNF) surged more than 30% on Wednesday. The workplace uniform provider drew strong buying interest after receiving a new takeover proposal from Cintas (NASDAQ: CTAS), according to a report from the Wall Street Journal.

Miners Advance as Precious Metals Hit Records

Gold and silver producers moved higher, with Newmont Goldcorp (NYSE: NEM) and Coeur Mining (NYSE: CDE) among the gainers. Prices for both gold and silver reached record highs, providing a lift to sentiment across the mining space.

Clearwater Analytics Jumps on Private Equity Deal

Clearwater Analytics (NYSE: CWAN) climbed 8.6% after a consortium of private equity investors led by Permira and Warburg Pincus agreed to acquire the investment and accounting software company. The transaction values Clearwater Analytics at $8.4 billion, including debt.

Honeywell Eases After Guidance Revision

Honeywell International (NASDAQ: HON) slipped about 1% in premarket trading. The company updated its full-year and fourth-quarter 2025 guidance to factor in the reclassification of its Advanced Materials division as discontinued operations, following the unit’s spin-off on Oct. 30.

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