Stock futures slipped Thursday after the S&P 500 closed just shy of a record high and as excitement around artificial intelligence helped lift the Nasdaq Composite to a gain of 1.3%.

These stocks were poised to make moves Thursday:

Electronic Arts was tumbling 14% after the maker of video games slashed its fiscal-year bookings guidance because of underperformance in its soccer titles. The company estimated net bookings of between $7 billion and $7.15 billion in fiscal 2025, down from previous guidance of between $7.5 billion and $7.8 billion. Electronic Arts said the soccer franchise "experienced a slowdown as early momentum in the fiscal third quarter did not sustain through to the end."

Arm Holdings was falling 4.1% in premarket trading after Elon Musk cast doubt on the Stargate initiative. U.S.-listed shares of the U.K. chip designer closed Wednesday with a gain of 16%, the stock's best daily percentage increase since Feb. 12, 2024, following the rollout of Stargate, a $500 billion artificial-intelligence infrastructure partnership. Arm was named as an initial technology partner for the Stargate project.

Nvidia also received a boost from the AI initiative, closing 4.4% higher on Wednesday after it too was a named a Stargate technology partner. The gains Wednesday cemented Nvidia's place as the most valuable U.S. company by market capitalization. However, shares of Nvidia, the leading maker of AI chips, also were being pressured in premarket trading, falling 1.8%.

AST SpaceMobile was down 13% after the space-based cellular broadband network company announced a convertible note offering of $400 million.

Discover Financial Services, the credit-card company, reported fourth-quarter earnings of $5.11 a share, up from $1.45 a year earlier. Discover posted payment services volume growth of 4% in the period to $102 billion. Shares of Discover, which is in the process of being acquired by Capital One Financial, were up 0.8%.

Alcoa fell 1.26%. The aluminum producer reported better-than-expected fourth-quarter earnings while revenue rose 34% from a year earlier to $3.49 billion and topped analysts' forecasts of $3.37 billion. The company said it expects total alumina segment production in 2025 to range between 9.5 million to 9.7 million metric tons, a decrease from 2024 due to the curtailment of the Kwinana refinery.

Knight-Swift Transportation rose 3.7% after the trucking company swung to a profit in the fourth quarter, posting earnings of 43 cents a share, compared with a year-earlier loss of 7 cents.

Vertical Aerospace dropped 31% after the aerospace and technology company said it plans to launch a stock offering to fund research and development expenses.

Earnings reports are expected Thursday from GE Aerospace, Texas Instruments, Intuitive Surgical, Union Pacific, Freeport-McMoRan, Elevance Health, CSX, American Airlines, and Alaska Air.

GE Aerospace fell 1.7% ahead of fourth-quarter earnings from the maker of jet engines. Shares of Texas Instruments, meanwhile, were down 0.7% ahead of the semiconductor company's fourth-quarter earnings report.