Five Below, MongoDB and Uber rise premarket; Apple slips

Published 05/06/2025, 12:06
© Reuters

Investing.com -- U.S. stock futures edged higher Thursday ahead of the release of weekly labor market data, with investors awaiting more information on trade deals.

Here are some of the biggest premarket U.S. stock movers today:

  • Apple (NASDAQ:AAPL) stock fell 0.2% after the iPhone maker announced that it has brought in Tata Group to handle repairs for iPhones and MacBook devices in its fast-growing Indian market.

  • Nvidia (NASDAQ:NVDA) stock fell 0.2% despite Bank of America saying the tech giant is still the best-positioned chipmaker to benefit from ongoing enthusiasm around artificial intelligence, even as the firm grapples with recent concerns around its Chinese business.

  • Procter & Gamble (NYSE:PG) stock rose 0.1% after the consumer goods giant announced plans to cut around 7,000 jobs, or roughly 15% of its global non-manufacturing workforce, over the next two years as part of a broader organizational overhaul.

  • Five Below (NASDAQ:FIVE) stock rose 6.3% after the chain of specialty discount stores reported better-than-expected first-quarter results and issued a solid second-quarter guidance, helped by broad-based strength across most merchandising categories.

  • MongoDB (NASDAQ:MDB) stock surged 16% after the database software company gave an upbeat annual forecast and reported quarterly results above estimates, while expanding its share repurchase plan.

  • Uber (NYSE:UBER) stock rose 0.7% after the ride-hailing company announced that Palo Alto Networks (NASDAQ:PANW) CEO Nikesh Arora will be joining the rideshare company’s board of directors.

  • Verint Systems (NASDAQ:VRNT) stock jumped 18% after the consumer engagement platform provider reported strong quarterly earnings growth.

  • Humana (NYSE:HUM) stock rose 0.9% after the Wall Street Journal reported the health insurer has told congressional staffers that it will support moves that would curtail billing practices worth billions in extra payments to the industry.

  • Vermilion Energy (NYSE:VET) stock rose 0.2% after the Canadian company said it will sell its United States assets for $120 million.

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