Stock futures were rising Wednesday as investors continued to bet the Federal Reserve will cut interest rates at its Dec. 9-10 policy meeting.

These stocks were poised to make moves:

Alphabet rose 1.5% to $328.29 ahead of the opening bell, putting the Google parent on course to build on Tuesday's record closing high of $323.44. Shares have surged more than 70% in 2025, on pace for their best year since 2009, which has driven the search-engine provider's valuation to just under $4 trillion. Investors are betting Alphabet can become a dominant player in artificial intelligence due to its Gemini 3 large-language model and tensor processing unit chips.

Nvidia slid 1.2% to $175.62 in premarket trading, having dropped 2.6% the previous session. Shares have taken a battering over the past month, with investors worrying Alphabet could snatch away some of the AI chip maker's market share. Those worries grew on Tuesday: Facebook owner Meta Platforms is in talks to start using Google's TPUs, The Wall Street Journal reported, citing people familiar with the matter.

Apple climbed 0.5% to $278.36. If the iPhone maker can hold those slender gains until the close, it will eke out another all-time high, having ended Tuesday trading at a record $276.97. Shares have edged higher over the past month, with investors looking for havens amid worries about bloated AI valuations. The company's market capitalization stands at $4.09 trillion, about $230 billion away from taking Nvidia's crown as the most valuable U.S. company.

Dell Technologies added 3.6%, after the PC maker reported better-than-expected third-quarter results and raised its AI server guidance.

HP Inc. tumbled 5% after the IT company warned that skyrocketing prices for memory chips could be a drag on its results for the current fiscal year, which overshadowed better-than-expected results for the fiscal fourth quarter.

Li Auto American depositary receipts were 1.3% lower at $18.08 after the Chinese electric-vehicle maker reported an unexpected adjusted loss for the third quarter.

Autodesk jumped 7.3% after the maker of AutoCAD and other digital design software topped analysts' third-quarter earnings target and raised its outlook.

NetApp gained 5% after the data infrastructure company reported better-than-expected second-quarter results, as the rise of AI helps to drive up demand.

Nutanix tanked 17% after the cloud computing company met analysts' expectations for its fiscal first quarter but cut its full-year sales outlook, citing a shift in revenue to future periods.

Urban Outfitters surged 19% after the clothing retailer reported better-than-expected earnings for the quarter, as same-store sales climbed 8%.

Workday dropped 5.5% after the human resources software provider reported third-quarter revenue that was in line with expectations, failing to reassure investors who were worried about weakening demand.

Zscaler fell 6.8%, even though the cybersecurity company reported a profit for its first quarter, as in-line guidance gave investors the opportunity to sell shares following a 61% rally this year.

Agricultural and heavy equipment manufacturer Deere is expected to report earnings ahead of Wednesday's opening bell.