Trump says envoy Witkoff had productive meeting with Putin
Investing.com -- U.S. stock futures rose Tuesday, as risk-on sentiment received a boost from the indication of a ceasefire in the Middle East, ahead of testimony by Federal Reserve Chairman Jerome Powell to Congress.
Here are some of the biggest premarket U.S. stock movers today:
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Tesla (NASDAQ:TSLA) stock rose 2.1%, continuing the previous session’s strong gains after the EV manufacturer officially launched its long-awaited Robotaxi service in Austin, Texas, using a small fleet of 10 to 20 Model Y vehicles.
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Uber (NYSE:UBER) stock rose 2.7% after the ride-delivery company announced the launch of autonomous ride services in Atlanta in partnership with Waymo.
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Chewy (NYSE:CHWY) stock fell 2% after the pet food and products retailer announced an underwritten public offering of $1 billion of its Class A common stock through JPMorgan. Concurrently, Chewy also agreed to a $100 million share repurchase program.
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KB Home (NYSE:KBH) stock fell 0.6% after the homebuilding company lowered its full-year housing revenues guidance to the range of between $6.3 billion to $6.5 billion. Previously, the company had predicted a range of between $6.6 billion to $7 billion.
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Teladoc (NYSE:TDOC) stock rose 5.8% after Citron Research identified the digital medical services platform as a long investment opportunity, highlighting the growth potential of its BetterHelp online therapy platform.
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Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) both fell around 1% after the ceasefire between Israel and Iran prompted a selloff in the price of crude, while defense stocks Lockheed Martin (NYSE:LMT) and RTX dipped about 1.6% each.
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FedEx (NYSE:FDX) stock was up nearly 1% with the package delivery firm due to report quarterly results after the closing bell.
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Coinbase Global (NASDAQ:COIN) stock rose 2.3% with the cryptocurrency exchange benefiting from bitcoin hitting a one-week high.