Stocks to Watch: FIG, ABBV, MRNA, AMZN, AAPL Rise on Nasdaq Futures

Stock index futures rose on Thursday, driven by gains in Nasdaq futures, following strong quarterly results from Meta and Microsoft. The June PCE report also showed a slight increase in year-over-year growth. Five stocks to watch include FIG, ABBV, MRNA, AMZN, and AAPL.

Stock index futures rose on Thursday, driven by gains in Nasdaq futures following strong quarterly results from Meta and Microsoft. The June Personal Consumption Expenditures (PCE) report also showed a slight increase in year-over-year growth, adding to market optimism. Five stocks to watch include FIG, ABBV, MRNA, AMZN, and AAPL.

Microsoft (MSFT) and Meta (META) reported impressive earnings, with Microsoft's Azure cloud computing business and Meta's AI-driven advertising business exceeding expectations. Microsoft's stock surged 8.8% before the bell, while Meta's shares jumped 12.3% in premarket trading [2].

The Nasdaq 100 (NQ=F) contracts climbed roughly 1.3%, while S&P 500 (ES=F) futures rose almost 1%. Dow Jones Industrial Average futures (YM=F) lagged, up 0.3% [1].

The Federal Reserve's preferred inflation gauge, the PCE, showed price increases accelerated in June, with inflation remaining above the Fed's 2% target. The release comes after the Fed held interest rates steady following its two-day policy meeting on Wednesday [1].

Bets on a September rate cut fell below 40% on Thursday, according to the CME Group, down from about 60% before the meeting. Fed Chair Jerome Powell stressed "no decisions" had been made about a September rate cut [1].

A flurry of trade deals eased trade-war fears on the eve of President Trump's deadline on Friday. A pact with South Korea announced late Wednesday sets a 15% tariff rate on its imports. US exports will face zero duties in return, and Seoul has agreed to make $350 billion in US investment and pledged to buy US energy products [1].

Five stocks to watch on Thursday include Figma (FIG), AbbVie (ABBV), Moderna (MRNA), Amazon (AMZN), and Apple (AAPL). Figma priced its initial public offering at $33 per share, hitting a $19.3 billion valuation. AbbVie shares were up 4% in premarket trade after recording better-than-expected financials for Q2 2025. Moderna stock was down 1.8% as the company plans to cut nearly 10% of its global workforce by the end of 2025. Amazon and Apple will report their quarterly results after the market close [3].

The S&P 500 and Dow are eyeing their third consecutive month in positive territory - their longest winning streak in nearly a year, while the Nasdaq was poised for its best monthly run in over 12 months [2].

References:
[1] https://finance.yahoo.com/news/live/stock-market-today-nasdaq-dow-sp-500-nasdaq-futures-jump-as-big-tech-earnings-trade-deals-lift-spirits-232742876.html
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3TS15K:0-microsoft-meta-s-ai-powered-results-lift-wall-st-futures-to-new-highs/
[3] https://seekingalpha.com/news/4475506-5-stocks-to-watch-on-thursday-fig-abbv-mrna-amzn-aapl