EU and US could reach trade deal this weekend - Reuters
Investing.com -- U.S. stock futures rose strongly Monday, as investors gauged reports on an upcoming deadline for President Trump’s reciprocal tariffs and looked ahead to key economic data this week.
Here are some of the biggest premarket U.S. stock movers today:
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Apple (NASDAQ:AAPL) stock rose 0.9% after Morgan Stanley (NYSE:MS) raised its Q1 iPhone build estimate by 2 million units to 50 million, implying 53 million shipments for the quarter—a figure 2 million higher than their prior estimate.
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Super Micro Computer (NASDAQ:SMCI) stock fell 0.2% after Goldman Sachs downgraded its stance on the server maker to "sell" from “neutral”, seeing more than 20% downside.
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Tesla (NASDAQ:TSLA) stock rose 4.1%, with the EV manufacturer rebounding after having fallen nine straight weeks, with its CEO Elon Musk leading efforts to sharply cut the federal workforce.
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James Hardie (NYSE:JHX) ADRs slump 11% after the fiber-cement maker said it will acquire outdoor products manufacturer AZEK in a cash and stock deal valued at nearly $9 billion.
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Gold Fields (NYSE:GFI) ADRs fell 2.6% after Australia’s Gold Road Resources rejected the $2.1 billion buyout bid from the gold miner because it believed the offer materially undervalued the company and was "highly opportunistic".
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23Andme (NASDAQ:ME) stock slumped over 40% after the once-highflying consumer-health company filed for bankruptcy.
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CCC Intelligent Solutions (WA:CCCP) stock rose 4.7% after the leading cloud platform announced stronger than expected fourth-quarter results, including the appointment of Tim Welsh as its new president.