Check out the companies making the biggest moves in premarket trading: Baidu — The Chinese tech giant jumped 12% after it said it plans to spin off its semiconductor unit , Kunlunxin, and list it in Hong Kong. Wayfair , RH , Williams-Sonoma — The home goods retailers rose following President Donald Trump’s decision to delay a 30% tariff hike on upholstered furniture. Wayfair added 2.4% and RH gained 3.5%, while Wiliams-Sonoma moved 1.3% higher. Tesla — The EV-maker climbed 1.3% ahead of the release of its fourth-quarter deliveries data. Analysts polled by FactSet anticipate total deliveries of 426,000. Taiwan Semiconductor Manufacturing — The United States granted the chipmaker its annual license to import its equipment to China, sending shares 2.7% higher.
