Premarket movers Meta shares outperform Magnificent 7 peers, with the cohort helping boost stock futures: Meta Platforms (META) +1.6%, Microsoft (MSFT) +0.4%, Alphabet (GOOGL) -0.2%, Amazon (AMZN) -0.2%, Apple (AAPL) +0.2%, Nvidia (NVDA) -0.2%, Tesla (TSLA) little changed Adobe (ADBE) slips 2.6% after Wells Fargo Securities downgraded the maker of software for creative professionals by two notches to underweight. AST SpaceMobile (ASTS) rises 4.4% after Deutsche Bank upgraded the satellite broadband operator to buy, seeing a buying opportunity in the wake of recent weakness. Biogen (BIIB) gains 4.1% as JPMorgan upgrades to overweight ahead of an increasingly compelling catalyst path in 2027. Bristol Myers (BMY) rises 4.4% after the drugmaker said a late-stage trial of a lower dose of its drug candidate for lung disease met its primary endpoint. CCC Intelligent Solutions (CCC) rises 11% as GTCR and Elliott Investment Management are said to be in advanced talks to acquire the car-insurance software provider. First Solar (FSLR) climbs 2.7% after Truist Securities upgraded the alternative energy company to buy, seeing “a stronger backdrop for pricing into the 2030s.” First Tracks Biotherapeutics (TRAX) gains 16% after the drug developer gave topline results from an early-stage trial of its experimental therapy for celiac disease. Hub Group (HUBG) gains 3.8% after Baird analyst Daniel Moore raised the recommendation on the transportation company to outperform, writing that the stock’s risk-reward profile has grown increasingly attractive. Iren (IREN) rises 3.8% as the Information reports that the crypto miner-turned-AI server provider has entered a multiyear cloud deal with Anthropic. Manhattan Associates (MANH) rises 3.5% after Morgan Stanley upgraded the software company to overweight, seeing it as a potential AI winner. Salesforce (CRM) climbs 4.1% after BofA Global Research raised the recommendation on the software company to buy, pointing to tailwinds from AI adoption. Tyler Technologies (TYL) gains 2.5% after Wells Fargo Securities upgraded the software company to overweight from equal-weight, seeing fading headwinds.