Levi Strauss, Coinbase and PriceSmart rise premarket; Nvidia slips lower

Published 11/07/2025, 13:14
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Investing.com -- U.S. stock futures fell Friday, retreating from record highs after President Donald Trump announced additional tariffs on Canadian imports, raising concerns over global trade.

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

  • Nvidia (NASDAQ:NVDA) stock fell 0.6%, retreating after the AI-darling closed at record levels on Thursday, with a market capitalization of more than $4 trillion, a record level.

  • Levi Strauss (NYSE:LEVI) stock rose 6.1% after the iconic jeans manufacturer raised its sales guidance, counting on robust demand at its stores and website to offset a margin hit from U.S. tariffs.

  • Red Cat Holdings (NASDAQ:RCAT), AeroVironment (NASDAQ:AVAV) and Kratos Defense (NASDAQ:KTOS) all posted strong gains as the drone-related companies benefited from a Fox News report that U.S. Defense Secretary Pete Hegseth has ordered an expansion in drone production and deployment across the military.

  • PriceSmart (NASDAQ:PSMT) stock rose 5.7% after the discount retailer reported higher than expected earnings and revenue for the latest quarter.

  • Coinbase Global (NASDAQ:COIN) stock rose 1.2%, with the cryptocurrency exchange benefiting from the rise in bitcoin, the world’s most popular digital currency, to record levels.

  • Capricor Therapeutics (NASDAQ:CAPR) stock slumped 48% after the FDA declined to approve the drugmaker’s treatment candidate aimed at treating a heart condition.

  • Oscar Health (NYSE:OSCR) stock fell 2.5% after Wells Fargo (NYSE:WFC) downgraded its stance on the health insurer to “underweight” from “equal-weight” as its pricing for 2025 does not appear adequate to cover cost trends.

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