Fubotv earnings beat by $0.10, revenue topped estimates
Investing.com -- US stock futures rose Tuesday, rebounded after the tech-led sell-off ahead of the start of the two-day Federal reserve policy-setting meeting.
Here are some of the biggest premarket US stock movers today:
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Nvidia (NASDAQ:NVDA) stock rose 2.2%, with the artificial intelligence-darling clawing back some of the previous session’s steep losses when the chipmaking giant slumped by over 16%, erasing nearly $600 billion in stock market value -- its worst-ever drop.
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General Motors (NYSE:GM) stock fell 0.5% after the auto giant swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations and unveiled a stronger-than-anticipated forecast for its 2025 earnings.
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Royal Caribbean (NYSE:RCL) stock rose 5.1% after the cruise operator reported better-than-expected fourth quarter earnings and provided a robust outlook for Q1 and 2025.
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Boeing (NYSE:BA) stock rose 0.5% after Chief Executive Officer Kelly Ortberg detailed plans for a turnaround after the aircraft manufacturer posted its sixth consecutive annual loss, its biggest annual loss since 2020, as it grappled with the fallout from a prolonged machinists strike, charges from U.S. government projects and expenses linked to a slew of job cuts.
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HSBC (NYSE:HSBC) ADRs fell 1.2% after the UK-based bank announced plans to wind down its M&A and equities businesses in Europe, Britain and the Americas, signalling its biggest retrenchment from investment banking in decades and an acceleration of its shift to Asia.
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Victoria's Secret (NYSE:VSCO) stock rose 3.9% after Barclays upgraded its stance on the lingerie chain to ‘overweight’ from ‘equal weight’, saying the retailer can rally more than 40%.
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JetBlue Airways (NASDAQ:JBLU) stock slumped 8.5% after the carrier reported a hefty loss for the fourth quarter of 2024, with unit revenue guidance weaker than expected.
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Kimberly-Clark (NYSE:KMB) stock fell 1.1% after the consumer goods giant’s fourth-quarter profit fell short of estimates, offsetting a sales beat.
- Rtx (NYSE:RTX) stock rose 2% after the aerospace and defense company posted higher-than-expected fourth-quarter results, lifted by top-line growth across its segments.