Premarket movers: Mag 7 stocks are rallying alongside index futures (Alphabet +2%, Tesla +1%, Microsoft +0.8%, Amazon +1%, Nvidia +0.9%, Apple +0.5%, Meta +1.9%) Venture Global Inc. (VG) is up 10% after the company won a dispute with Spain’s Repsol SA involving the sale of liquefied natural gas shipments from its export plant in Louisiana. VG has one of the highest short interests of all US-listed companies at 58% of float Abbott (ABT) falls 4% after posting fourth quarter results. Axogen (AXGN) is down 7% after the health care firm said it will offer $85 million of shares of its common stock. Knight-Swift (KNX) falls 2% after the freight transportation company posted fourth quarter earnings that fell short of expectations. Mobileye (MBLY) drops 6% after the maker of software and hardware technology for automobiles provided revenue guidance for 2026 missed the average analyst estimate. Procter & Gamble Co. (PG) slips 1.6% as growth in a key sales metric stagnated in the latest quarter while volume slipped, showing that US consumers spent cautiously in the final months of the year. Rocket Lab (RKLB) falls 2% after the company said qualification testing of the Stage 1 tank resulted in a rupture during a hydrostatic pressure trial. Sphere Entertainment (SPHR) rises 3% as BTIG upgrades the live entertainment and media company to buy, citing multiple catalysts driving the stock’s upside potential.
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