Stock market today: S&P 500 hits fresh record close on stronger economic growth
Investing.com -- U.S. stock futures rose Thursday, with investors continuing to focus on the ongoing corporate earnings season, as well as the volatile trade situation and more labor market data.
Here are some of the biggest premarket U.S. stock movers today:
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Apple (NASDAQ:AAPL) stock gained 2.6%, adding to the previous session’s 5% gains after the iPhone maker company committed an additional $100 billion in U.S. investments, easing concerns over the impact of Washington’s tariffs on semiconductor imports.
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Eli Lilly (NYSE:LLY) stock slumped 9.2% after a study showed that the pharmaceutical giant’s weight-loss pill cut body weight by less than a rival treatment from Novo Nordisk (NYSE:NVO).
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Airbnb (NASDAQ:ABNB) stock fell 6.1% after the vacation home rental company forecast slower growth in the second half of the year, disappointing investors of the sector expecting a rebound in travel demand after strong outlooks from major travel firms.
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ConocoPhillips (BVMF:COPH34) (NYSE:COP) stock rose 0.8% after the oil giant beat estimates for second-quarter profit, as a rise in output helped the oil and gas producer offset a hit from weak crude prices.
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DoorDash (NASDAQ:DASH) stock surged 8.9% after the food delivery company forecast third-quarter gross merchandise value above expectations after topping estimates, betting on robust demand for food and grocery deliveries through its platform.
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Duolingo (NASDAQ:DUOL) stock soared 27% after the language-learning app raised its annual revenue forecast and beat second-quarter revenue estimates, anticipating broader adoption of its AI-enhanced subscription tier among its global user base.
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Corning (NYSE:GLW) stock gained 4.1% after Apple unveiled a $2.5 billion commitment to produce 100% of the cover glass for iPhones and Apple Watches at Corning’s facility in Kentucky.
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Celsius (NASDAQ:CELH) stock surged 22% after the energy drink maker reported second-quarter earnings and revenue that significantly exceeded analyst expectations, driven by its recent Alani Nu acquisition and accelerating demand for its functional beverages.
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Hyatt Hotels (NYSE:H) stock rose 5.1% after the hotel chain beat expectations with its second-quarter earnings, as system-wide comparable revenue per available room increased 1.6% compared to the second quarter of 2024, with luxury chain scales leading the growth.
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Crocs (NASDAQ:CROX) stock slumped 17% after the footwear maker issued disappointing guidance for the third quarter, overshadowing better-than-expected second-quarter results.