Investing.com -- US stock futures slipped lower Friday, weighed by disappointing corporate earnings from some major names.

Here are some of the biggest premarket US stock movers today:

• FedEx (NYSE: FDX ) stock slumped 8.6% after the parcel delivery company cut its annual profit and revenue outlook, citing the "continued weakness and uncertainty in the U.S. industrial economy."

• Nike (NYSE: NKE ) stock fell 7.3% after the footwear giant warned that sales will drop by a double digit percentage in its current quarter as it contends with new tariffs, sliding consumer confidence and a slower than expected turnaround.

• Micron Technology (NASDAQ: MU ) stock fell 3.2%, reversing earlier gains after the provider of memory and storage solutions forecast third-quarter revenue above Wall Street estimates, signaling strong demand for its high-bandwidth memory chips used in AI models.

• Tesla (NASDAQ: TSLA ) stock rose 0.4%, with the number of its electric vehicles traded in this month on pace to hit a record high, Reuters reported on Thursday, citing data from national car shopping website Edmunds.

• Super Micro Computer (NASDAQ: SMCI ) stock rose 1.4% after JPMorgan upgraded its stance on the leading player in the AI server market to ‘neutral’ from ‘underweight’, saying the company has established itself as a leader in this space, particularly known for its advanced direct liquid cooling technology and next-generation GPU capabilities.

• Nio (NYSE: NIO ) ADRs fell 4.3% after the Chinese electric vehicle maker reported worse-than-expected fourth-quarter results and disappointing guidance for the current quarter.

• AstraZeneca (NASDAQ: AZN ) ADRs fell 0.8% after the drugmaker said it will spend $2.5 billion on a research and development hub in Beijing, as it scrambles to revive business in its second-biggest market after scandals including the arrest of its China president last year.

• Lennar (NYSE: LEN ) stock fell 5.1% after the housebuilder’s first-quarter profits took a hit as high borrowing costs and shaky consumer confidence weighed heavily on its housing business.

• Luminar (NASDAQ: LAZR ) stock rose 6.7% after the automobile technology firm reported a smaller than expected loss in the fourth quarter, improving from the previous year.