Charter Communications earnings missed by $0.40, revenue was in line with estimates
Investing.com -- U.S. stock futures slipped sharply Monday, on fears that significant trade tariffs will weigh on economic activity while boosting inflation.
Here are some of the biggest premarket U.S. stock movers today:
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Tesla (NASDAQ:TSLA) stock fell 4.4% ahead of unveiling of the EV manufacturer’s first-quarter deliveries data this week, with analysts and investors bracing for a potential drop in the proxy for the electric vehicle maker’s sales.
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Apple (NASDAQ:AAPL) stock fell 0.8% after the iPhone maker was hit with a €150 million fine by French antitrust regulators for abusing its dominant position in mobile app advertising on its devices between 2021 and 2023 thanks to a privacy control tool.
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Ford (NYSE:F) stock fell 0.8%, General Motors (NYSE:GM) slumped over 1%, and Stellantis (NYSE:STLA) shed 3.5% with tariffs on automobiles built outside the U.S. set to take effect on Wednesday.
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Palantir (NASDAQ:PLTR) stock slumped 6.4% amid concerns the American software company will suffer on the back of government spending cuts.
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CoreWeave (NASDAQ:CRWV) stock fell 3.3% after the AI infrastructure firm struggled on Friday in the wake of its IPO. Nvidia (NASDAQ:NVDA) stock also fell 3.6%, with the tech giant having backed the offering.
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LPL Financial (NASDAQ:LPLA) stock fell 0.6% after the independent broker-dealer finalized a deal to acquire one of its biggest rivals, Commonwealth Financial Network, for $2.7 billion.
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United States Steel Corporation (NYSE:X) fell 2.2% after BMO Capital downgraded the steel producer to “market perform” from “outperform”, while upgrading Steel Dynamics (NASDAQ:STLD) to “outperform”, citing valuation concerns and policy-related tailwinds.