Asahi shares mark weekly slide after cyberattack halts production
Investing.com -- U.S. stock futures edged higher Friday, near record levels despite heightened uncertainty over an ongoing government shutdown and delayed payrolls data.
Here are some of the biggest premarket U.S. stock movers today:
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Tesla (NASDAQ:TSLA) stock gained 1.3%, bouncing after the previous session’s 5% drop as the electric vehicle manufacturer announced record quarterly deliveries.
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Apple (NASDAQ:AAPL) stock fell 1.3%, overturning earlier gains with Jefferies downgraded its stance on the tech giant to "underperform" from "hold", saying the stock appears overvalued at current levels, trading near its 52-week high.
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USA Rare Earth (NASDAQ:USAR) stock jumped 8.7% after its CEO Barbara Humpton told CNBC that the company was "in close communication" with the White House.
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Applied Materials (NASDAQ:AMAT) stock fell 2.3% after the chip gear maker said it expects new U.S. export restrictions to reduce its revenue by approximately $110 million in the fourth quarter of its current fiscal year and $600 million in fiscal 2026.
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Occidental Petroleum (NYSE:OXY) stock gained 1.1% after the energy company received upgrades from HSBC and Mizuho after agreeing to sell its OxyChem unit to Berkshire Hathaway for $9.7 billion in cash, a move analysts say strengthens the balance sheet and accelerates shareholder returns.
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Rumble (NASDAQ:RUM) stock soared 9.3% after the online video platform entered into a strategic partnership with Perplexity to develop a new subscription model combining the pro features of each platform.
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Tronox (NYSE:TROX) stock fell 2.5% after JPMorgan downgraded the chemical company to “neutral” from “overweight”, saying conditions in the titanium dioxide industry have become more difficult near term.
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Instacart (NASDAQ:CART) stock fell 1% after Piper Sandler downgraded its stance on the retail media and delivery company to “neutral” from “overweight”, citing rising competitive pressures.