Tesla, Boeing, Meta Platforms fall premarket; Domino’s Pizza rises

Published 02/04/2025, 12:42
© Reuters

Investing.com -- U.S. stock futures retreated Wednesday, with investors wary ahead of the announcement of trade tariffs from President Donald Trump later in the session.

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

  • Tesla (NASDAQ:TSLA) stock fell 2.8% with the EV manufacturer set to release its first-quarter car delivery figures later in the session, with analysts predicting a sharp decline in sales due to CEO Elon Musk’s political controversies, a slowdown in the electric vehicle market, and growing competition.

  • Boeing (NYSE:BA) stock fell 0.8% with the planemaker’s CEO Kelly Ortberg set to face tough questions on the recent safety issues later in the session when he appears before the Senate Commerce Committee.

  • Meta Platforms (NASDAQ:META) stock fell 1% with the European Commission expected to fine the Facebook owner this week for violating the EU’s digital competition rules.

  • Nvidia (NASDAQ:NVDA) stock fell 1.2% on fears the U.S. trade tariffs on several countries will hit key markets for the semiconductor giant.

  • Ncino (NASDAQ:NCNO) stock fell 35% after the banking software company’s current year guidance and quarterly earnings missed expectations.

  • Charles Schwab (NYSE:SCHW) stock rose 1.5% after Citi upgraded its stance on the lender to “buy” from “neutral”, expecting the lender to “shift to offense” with the Ameritrade integrations over and investment spending to accelerate growth.

  • Domino’s Pizza (NYSE:DPZ) stock rose 1.8% and DoorDash (NASDAQ:DASH) stock fell 0.5% after the pizza company signed a new partnership with the food delivery app, meaning that uniformed Domino’s drivers will deliver pizzas ordered through the DoorDash app.

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