Recap

Stocks Moving Premarket: Nvidia Slides on Huang Probe, NVR Surges and AI Cloud Names Sell Off

Nvidia falls about 5% as its board investigates a report about CEO Jensen Huang, homebuilder NVR jumps on the midterm results, and CoreWeave, IREN and Nebius slip ahead of CPI on Tuesday.

Published Nov 9, 2026 · 8:49 AM ET · 4 min read

Stock futures are higher before the open on Monday, Nov. 9, helped by oil falling after President Trump said renewed strikes on Iran are "highly unlikely" while talks continue. Nvidia is the main drag after its board opened a probe tied to a report about CEO Jensen Huang, while homebuilder NVR leads the gainers after Democrats won control of Congress. October CPI arrives Tuesday at 8:30 a.m. ET. All figures below are premarket and can change by the open.

+0.9%

Dow futures

+0.6%

S&P 500 futures

+0.4%

Nasdaq 100 futures

Futures figures are approximate and vary by source and time of day: sources show the Dow up 0.9% to 1.1%, the S&P 500 up 0.5% to 0.65% and the Nasdaq up 0.3% to 0.4%. Russell 2000 futures were up about 1.3% in one quote. WTI crude was near $88 and Brent near $95, both lower, while gold futures rose above $4,100 an ounce and Bitcoin slipped to roughly $74,800.

Biggest stock moves premarket

Stock	Premarket move	Why
NVDA · Nvidia	-4.9% to -5.3%	Board opened an independent probe into reports that CEO Jensen Huang was targeted by a foreign intelligence effort; company says it has no reason to believe secrets were compromised. Quoted near $176.72 (TradingKey).
NVR · NVR Inc.	about +26%	Homebuilders extend rally after Democrats won control of Congress in the midterms; UBS says that could improve odds of lower tariffs on building materials (as reported by Yahoo Finance).
VIR · Vir Biotechnology	about +15%	Phase 3 ECLIPSE-1 hepatitis D trial met its primary endpoint; 79% of patients reached undetectable viral levels at week 48 (as reported by TradingKey).
AMD · Advanced Micro Devices	+2.3%	Oppenheimer upgraded to Outperform with a $600 price target; quoted near $458.86.
AMZN · Amazon	+3%	JPMorgan analyst Doug Anmuth added it to the bank's analyst focus list.
META · Meta Platforms	+2.5%	Same JPMorgan focus-list call, citing AI-driven ad revenue growth.
SAP · SAP	about +3%	JPMorgan upgraded to Overweight from Neutral, saying enterprise AI is moving into large-scale deployment.
LLY · Eli Lilly	nearly +2%	Canada's Drug Agency recommended reimbursing Kisunla for eligible adults.
CRWV · CoreWeave	about -3.8%	AI cloud names sold off on data-center return and financing worries; reports Tuesday after the close.
IREN · IREN	about -4.8%	Same AI cloud selloff.
NBIS · Nebius	about -2.9%	Same AI cloud selloff; reports Thursday before the open.
MSTR · Strategy	-4.2%	Fell with Bitcoin's weekend pullback.
COIN · Coinbase	-2.7%	Fell with Bitcoin, which was near $74,800 premarket.
DKNG · DraftKings	-1.7%	UBS downgraded to Neutral on regulatory uncertainty in prediction markets.
TAP · Molson Coors	-1%	JPMorgan downgraded to Underweight on weak beer demand and cost pressures.

Intel, Marvell, Qualcomm, Sandisk and Super Micro Computer were also lower before the open, according to Investing.com, which did not give percentages. Argenx rose about 2.2% after agreeing to buy Unnatural Products in a deal worth up to roughly $1.15 billion, including $550 million upfront.

Nvidia: probe weighs on the AI trade

Nvidia fell roughly 5% in premarket trading after saying its board is investigating reports about CEO Jensen Huang. The company says it has no reason to believe U.S. national security or company secrets were compromised, and President Trump said Huang should remain CEO. Pressure spread to AI cloud and infrastructure names, with CoreWeave, IREN and Nebius all lower, while AMD, Amazon and Meta gained on analyst support.

Notable analyst calls

Oppenheimer upgraded AMD to Outperform with a $600 target. JPMorgan upgraded SAP to Overweight, added Amazon and Meta to its analyst focus list, and downgraded Molson Coors to Underweight. UBS downgraded DraftKings to Neutral.

Earnings today

Constellation Energy reports before the open. Occidental Petroleum, Take-Two Interactive and Rocket Lab report after the close. Berkshire Hathaway, which reported over the weekend, said third-quarter operating earnings fell about 6% while buybacks rose, according to Blockonomi.

Economic calendar: today and the week ahead (ET)

Day	Time	Event
Mon Nov 9	10:00 a.m.	September wholesale inventories. Earnings: Constellation Energy (before the open); Occidental Petroleum, Take-Two Interactive, Rocket Lab (after the close).
Tue Nov 10	8:30 a.m.	October CPI. Consensus +0.3% month over month (September +0.6%); core +0.2% (prior +0.3%). Fed Governor Christopher Waller and Vice Chair for Supervision Michelle Bowman speak on the outlook. Earnings: Sea Ltd. (before the open), CoreWeave (after the close).
Wed Nov 11	All day	Veterans Day: bond markets closed, stocks trade normally. No major data scheduled.
Thu Nov 12	8:30 a.m.	Weekly initial jobless claims. Fed Governor Michael Barr speaks on AI and inequality. Earnings: Nebius (before the open); Applied Materials and Cisco (after the close).
Fri Nov 13	8:30 a.m.	October PPI, consensus +0.4% month over month. Vice Chair Philip Jefferson speaks on productivity and technology. SpaceX's planned 15th Starship test flight is also scheduled, subject to approval (TradingKey).

On the Fed, officials held rates at the Oct. 28 meeting, with two members voting for a quarter-point hike, according to HeyGoTrade. FXEmpire reports futures markets price roughly an 80% chance of a hike at the Dec. 8-9 meeting. Tuesday's CPI is the next test of that pricing, and falling oil is a small help on the inflation side.

What to watch. The Nvidia probe headlines and whether the AI selloff widens, Tuesday's 8:30 a.m. CPI and the Waller and Bowman remarks, CoreWeave's report after the close Tuesday, and the Iran and oil headlines. Remember that stocks trade Wednesday even though bond markets are closed for Veterans Day.

Sources include CNBC, Yahoo Finance, Investing.com, TradingKey, Blockonomi, TheStreet, HeyGoTrade and FXEmpire. Where sources disagree, ranges are shown.

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This article is for informational purposes only and is not investment advice or a recommendation to buy or sell any security. The list excludes leveraged and inverse ETFs and microcap stocks. Premarket quotes can change by the open. Do your own research or consult a licensed financial advisor before making decisions.