U.S. Stocks to Watch: Microsoft, McCormick, Unilever, Nike, and More

Dow Jones18:28

Stock futures were rising on Tuesday after a report that President Donald Trump told aides he was willing to end the war in Iran even if the U.S. and its allies fail to reopen the Strait of Hormuz.

These stocks were making moves in premarket trading:

Microsoft gained 1.5% after the tech giant said it would invest more than $1 billion in cloud and artificial intelligence infrastructure in Thailand between 2026 and 2028. The announcement came following a meeting in Bangkok between Microsoft Vice Chair and President Brad Smith and Thailand's Prime Minister Anutin Charnvirakul.

McCormick jumped 4% after Unilever said on Tuesday that it was in advanced talks to combine its foods business with the spice maker, responding to recent media speculation. McCormick is set to report its first-quarter results ahead of Tuesday's opening bell. Unilever's London-listed shares were 0.5% higher on Tuesday.

Nike climbed 1.3%. The sportswear retailer is set to post its third-quarter earnings after the closing bell. Analysts are expecting earnings of 29 cents a share on revenue of $11.23 billion, which would a 0.3% slide from a year ago.

FactSet Research Systems and TD SYNNEX are also set to report earnings on Tuesday.

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