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Investing.com -- U.S. stock futures edged higher Friday, buoyed by generally positive quarterly earnings, as well as healthy economic data.
Here are some of the biggest premarket U.S. stock movers today:
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Netflix (NASDAQ:NFLX) stock fell 1.7% after the streaming giant’s second-quarter earnings and outlook were solid, but failed to live up to heightened analyst expectations.
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American Express (NYSE:AXP) stock rose 1.8% after the credit card behemoth exceeded estimates for second-quarter profit, fueled by resilient spending by its affluent cardholders.
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3M Company (NYSE:MMM) stock rose 2.8% after the industrial giant raised its full-year profit forecast, as cost-cutting measures and efforts to focus on high-margin products are paying off.
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Schlumberger (NYSE:SLB) stock rose 0.7% after the oilfield services company posted second-quarter results that were above expectations, boosted by growth at its digital platforms that helped offset lower sales of exploration data.
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Norfolk Southern (NYSE:NSC) stock surged 4% after the Wall Street Journal reported that Union Pacific (NYSE:UNP) is in talks to acquire the railway operator.
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Interactive Brokers (NASDAQ:IBKR) stock gained 5% after the brokerage firm reported total net interest income for the second quarter that beat the average analyst estimate.
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Chevron (NYSE:CVX) stock rose 3.1% after CNBC reported that the oil major has triumphed in a mediation case against rival Exxon (NYSE:XOM) over which company owned the right over certain oilfields in Guyana, allowing Chevron to move forward with its $53 billion acquisition of Hess (NYSE:HES), up 7.2%.
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Robinhood Markets (NASDAQ:HOOD) and Coinbase Global (NASDAQ:COIN) both gained after the U.S. House of Representatives passed a bill that would develop a regulatory framework for cryptocurrencies.
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Talen Energy (NASDAQ:TLN) stock rose 15% after the power infrastructure company said it will buy two gas-fired power plants located in Pennsylvania and Ohio for $3.5 billion.
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Symbotic (NASDAQ:SYM) stock fell 1.7% after Deutsche Bank (ETR:DBKGn) downgraded its stance on the automation technology company to “hold” from “buy”, saying much of the stock’s growth is already priced in at the current valuation.
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Sarepta Therapeutics (NASDAQ:SRPT) stock fell 30% after the company disclosed another patient death linked to its gene therapy programs, this time during an early-stage trial for limb-girdle muscular dystrophy.