As dawn broke on Friday, U.S. stock futures painted a gloomy picture, with Dow futures sliding around 100 points, setting the stage for a turbulent pre-market session.

Hewlett Packard Enterprise Company (NYSE:HPE) witnessed a downtrend in early trading after unveiling a set of first-quarter financials that left investors puzzled. Revenue figures were a mixed bag, with quarterly earnings clocking in at 48 cents per share, trumping market forecasts of 45 cents per share. However, the revenue fell short of expectations, coming in at $6.75 billion versus the anticipated $7.12 billion, as reported by Benzinga Pro.

The disappointing figures catalyzed a 6.1% drop in Hewlett Packard Enterprise’s shares, which nosedived to $14.30 in the pre-market trading session.

Today’s pre-market turbulence also cast a shadow over other big names in the market, sending the following stocks into a tailspin:

• Fisker Inc. (NYSE:FSR) shares plunged by 38.4% to $0.4482 after failing to meet fourth-quarter revenue projections and expressing doubts about its future viability in an SEC filing.
• Scilex Holding Company (NASDAQ:SCLX) witnessed a 32.2% decline to $1.54 following a $10 million bought deal offering.
• New York Community Bancorp, Inc. (NASDAQ:NYCB) slumped 28% to $3.45 after revealing internal control weaknesses and announcing a leadership transition.
• Humacyte, Inc. (NASDAQ:HUMA) dropped 23.5% to $3.33 after pricing a public offering of common stock at $3 per share.
• SoundHound AI, Inc. (NASDAQ:SOUN) tumbled 18.8% to $6.02 due to lower-than-expected fourth-quarter financial results.
• B. Riley Financial, Inc. (NASDAQ:RILY) saw a 14.5% decline to $15.67 after reporting Q4 earnings and revealing a strategic review of key business segments.
• Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) fell 13.2% to $1.32 following below-par quarterly results.
• Plug Power Inc. (NASDAQ:PLUG) plummeted by 12.5% to $3.09 following lackluster financial performance.
• Elastic N.V. (NYSE:ESTC) witnessed a 10.9% drop to $119.23 in the pre-market session after revealing its third-quarter financials.
• Senseonics Holdings, Inc. (NASDAQ:SENS) slid 8.8% to $0.64 post announcement of fourth-quarter results.
• Zscaler, Inc. (NASDAQ:ZS) was down by 6.4% to $226.30 in pre-market trading despite beating earnings and sales estimates for the second quarter. The company forecasted FY2024 non-GAAP income and net income per share.
• Zuora, Inc. (NYSE:ZUO) dropped 5.8% to $7.61 in the pre-market.

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