U.S. stock futures slipped Friday as investors traded cautiously ahead of key inflation data. Applied Materials surged over 11% after the semiconductor equipment maker announced an upbeat forecast, highlighting how the AI boom and memory chip shortage are bolstering sales. Arista Networks jumped 11% despite increased memory chip prices, while Airbnb gained 6.4% after reporting fourth-quarter revenue above expectations.

Pinterest slumped 21% after the image-sharing platform forecast first-quarter revenue below estimates, citing sharper ad spending cutbacks by tariff-hit retailers and mounting pressure from deep-pocketed rivals. DraftKings stock tumbled 17% following downbeat guidance for the current year. Dutch Bros surged over 13% after the coffee chain reported fourth-quarter earnings that surpassed expectations, growing revenue by 30% in 2025 and announcing plans for more locations this year.

Roku jumped 14% after the streaming platform provider reported fourth-quarter earnings that significantly exceeded analyst expectations, while also issuing strong guidance for 2026. Rivian Automotive soared 21% after the electric vehicle maker's results beat Wall Street targets and forecast its new, more affordable R2 SUVs would drive a 53% jump in 2026 deliveries. The premarket action reflects investors positioning ahead of the inflation data release, with tech and consumer discretionary stocks showing particular volatility.