Stock futures traded lower Wednesday after the U.S. and China said they agreed on a "framework" to implement trade agreements but investors were left underwhelmed by the lack of detail. Wall Street also is awaiting the release of data on U.S. consumer inflation.

These stocks were poised to make moves Wednesday:

First-quarter earnings at GitLab beat analysts' expectations but the software company's guidance disappointed investors. The stock fell 13% in premarket trading. GitLab said it expects fiscal-year adjusted earnings of 74 cents to 75 cents a share, up from a previous outlook of 68 cents to 72 cents and higher than Wall Street estimates of 72 cents a share. GitLab anticipates fiscal-year revenue of $936 million to $942 million, compared with analysts' expectations of $939.7 million.

GameStop reported first-quarter earnings of 9 cents a share, a reversal from a year-earlier loss of 11 cents. Adjusted first-quarter profit was 11 cents. Revenue at the videogame retailer fell 17% to $732.4 million. The stock was down 4.2% in premarket trading.

Tesla rose 2.6% in premarket trading. Shares of the maker of electric vehicles rose 5.7% on Tuesday after a video revealed a driverless Tesla vehicle on the streets of Austin, Texas. CEO Elon Musk said Tesla expects to launch its robotaxi service tentatively on June 22 but the date could shift because Tesla is being "super paranoid about safety," Musk said in a post on X. He also expressed regret over some of his posts about President Donald Trump last week.

International Business Machines was down slightly in premarket trading. The tech giant closed at a record high Tuesday, rising 1.5% to $276.24. IBM on Tuesday unveiled what it called the world's first " large-scale, fault-tolerant quantum supercomputer," with a deployment target of 2029.

Nvidia was down 0.2% in the premarket session after finishing up 0.9% on Tuesday and closing as the most valuable company in the U.S. with a market capitalization of $3.513 trillion, higher than Microsoft's $3.5 trillion.

Dave & Buster's Entertainment reported first-quarter earnings of 62 cents a share, below analysts' estimates of 99 cents. Revenue at the arcade-restaurant operator fell 3.5% to $567.7 million but topped forecasts for $566.8 million. Same-store sales fell 8.3%, narrower than analysts' estimates that called for a decline of 9.3%. Shares were up 6.5%.

Earnings reports are expected Wednesday from Oracle, Chewy, SailPoint, and Victoria's Secret.

Oracle was up 0.2% ahead of fiscal fourth-quarter earnings from the enterprise software company. Analysts expect Oracle to report adjusted profit of $1.64 a share on revenue of $15.58 billion.