Stocks making the biggest moves premarket: MicroStrategy, Applied Materials, Robinhood and more

Asian tech stocks were also under pressure from the 8.69% fall in artificial intelligence darling Nvidia’s shares overnight.

Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.

The layoffs will affect employees at Adidas’ headquarters in Herzogenaurach, Germany, and represent nearly 9% of the 5,800 staffers it employs at the location.