Nvidia, Victoria’s Secret, Rivian, Macy’s: What to Watch When the Stock Market Opens Today

Futures are rising ahead of another wave of earnings reports and unemployment figures. Here’s what we’re watching in Thursday’s trading:

  • Nvidia jumped 6.8% premarket. The graphics-chip company posted another quarter of record sales amid supercharged demand for videogaming and data centers.
  • Shares of Victoria’s Secret soared 15% premarket after the lingerie retailer topped earnings forecasts for the recent quarter.
  • Cisco Systems dropped 7.1% premarket. The networking company gave a weaker-than-expected outlook for the second quarter.
  • Electric-vehicle startups Lucid Group and Rivian Automotive were slipping for a second day after a recent run-up in their stock prices. Both were down 4% ahead of the bell. But heavyweight Tesla was still on the rise, adding 1.1%.
  • Chinese e-commerce giants Alibaba and  JD.com  were charting separate courses premarket after their earnings reports. U.S.-traded shares of JD.com added 1.6% after it posted a net loss but with higher revenue. Alibaba dropped 4% in the moments just after its earnings release.
  • Kohl’s ,   Macy’s and BJ’s Wholesale Club are due to report before the open.
  • Deere added 1.2% premarket. Workers at the farm and construction machinery company ratified a new six-year contract Wednesday, ending a strike that lasted over a month.
  • Bath & Body Works gained 1.9%. The retailer reported lower earnings and sales in its first quarterly results as a stand-alone business, but said it expects to record higher fourth-quarter earnings than a year earlier.
  • Intuit ,   Workday ,   Applied Materials ,   Ross Stores  and  Palo Alto Networks  will give updates after the close.
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Write to James Willhite at james.willhite@wsj.com