U.S. stock futures edged higher Wednesday morning, bouncing back from earlier losses this week on reports that Iran may be seeking an end to the Middle East conflict. CrowdStrike shares gained 0.4% after the cybersecurity firm forecast fiscal 2027 revenue above estimates, betting on resilient demand for its AI-powered security solutions. The company's optimistic outlook reflects growing enterprise investment in cybersecurity amid rising digital threats.

Nvidia stock climbed 0.7% after billionaire investor Leo KoGuan revealed a large stake purchase, expressing strong confidence in the long-term AI outlook. Meanwhile, Abercrombie & Fitch shares fell 3.3% despite forecasting annual profit above Wall Street expectations, as investors remained cautious about discretionary spending pressure in the U.S. market. The retailer's forecast for its Hollister brand suggests confidence in apparel demand, but broader economic uncertainty weighs on sentiment.

Moderna shares jumped 10% after agreeing to pay Genevant and $950 million to settle litigation related to its Covid vaccine delivery technology, a lower amount than feared. Bath & Body Works soared 5.5% following better-than-expected fourth-quarter results, though the company projected weaker 2026 sales as it undergoes a business transformation. The premarket action reflects a mixed market mood, with tech and biotech gaining ground while retail faces headwinds.