The Dow Jones opened down 0.1%, the S&P 500 fell 0.3%, and the Nasdaq dropped 0.5%.

Supermicro plunges 27% for smuggling AI servers, co-founder arrested. FedEx rises 7.0% as Q3 results exceed expectations and raise full-year profit guidance. Firefly Aerospace surges 10.1% with Q4 revenue soaring and losses narrowing. Planet Labs rises 19.7% with quarterly performance and guidance both exceeding expectations. XPeng Motors drops 4.0% as it turns its first profit from a loss.