Stock Futures Seek Direction as Mobileye Shares Rise 13%

Stock futures are searching for direction after the broad market's rally, as investors take profits and shift focus to this week's key economic data. Last session's advance was driven by tech and AI-linked names, with chipmakers and large tech stocks lifting benchmarks to new records. Memory and storage technology stocks, notably, helped support the broader market rally as the industry gathers at CES 2026 in Las Vegas.Private-sector employment increased in December, though by less than expected, according to data released by payrolls processor ADP. Companies added 41,000 jobs during the month, reversing a revised loss of 29,000 in November and offering some improvement after a period of weakness in the labor market toward the end of 2025. Private payrolls had contracted in three of the four months leading up to December.In pre-market trading, S&P 500 futures were flat, Nasdaq futures fell 0.17% and Dow futures rose 0.13%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Mobileyeup 13% after agreeing to acquire Mentee Robotics in a cash and stock dealGameStopup 4% after announcing that its board has granted a performance-based stock option award to Ryan Cohen, the company's chairman and CEOUniversal Insuranceup 2% after announcing $20M share repurchase programCoStar Groupup 1% after providing FY26 guidance and reporting a new $1.5B stock repurchase programChevronup 1% after Financial Timesthe company and Quantum Capital are working together on a bid to purchase the international assets of LukoilDOWN AFTER EARNINGS -Albertsonsdown 1%LOWER -D-Wave Quantumdown 1% after the company and Quantum Circuits announced that the companies have entered into a merger agreement under which D-Wave will acquire Quantum Circuits for a purchase price of $550MAxalta Coatingdown 1% after Baird downgraded the stock to Neutral with a price target of $35, down from $42