Investing.com -- U.S. stock futures edged higher Monday, with investors looking forward to more corporate earrings as well as key consumer inflation data.
Here are some of the biggest premarket U.S. stock movers today:
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Intel (NASDAQ:INTC) stock rose 1.2% after the WSJ reported that the tech giant was in advanced talks with Apollo Global Management (NYSE:APO) for the manufacture of a $11 billion chip plant in Ireland.
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Arm Holdings (NASDAQ:ARM) ADRs rose 4.1% after a report in Nikkei Asia stated that the chip designer has plans to develop artificial-intelligence chips, looking to take advantage of the massive demand for all things AI.
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Tesla (NASDAQ:TSLA) stock rose 0.6% after the WSJ reported that the Biden administration is set to announce that tariffs on Chinese EVs will be roughly quadrupled.
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Apple (NASDAQ:AAPL) stock rose 1.3% after Bloomberg reported that the tech giant was nearing an agreement with OpenAI to integrate the startup's AI technology into the iPhone.
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AMC Entertainment (NYSE:AMC) and GameStop (NYSE:GME) stocks have rallied strongly, up 9% and 36%, respectively, with these so-called meme stocks back in favor.
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Bristol Myers (NYSE:BMY) stock fell 1% after the drug maker said late Friday that its trial evaluating a combination of cancer treatments failed to meet its primary endpoint.
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Squarespace (NYSE:SQSP) stock rose 13% after the website building company agreed to be acquired by private equity firm Permira in a cash deal valued at $6.9 billion.