Investing.com -- U.S. stock futures traded in a subdued manner Tuesday ahead of the release of the latest inflation data to guide the Federal Reserve in future monetary policy decisions.
Here are some of the biggest premarket U.S. stock movers today
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Home Depot (NYSE:HD) stock fell 2.3% after the home improvement retailer lowered its full-year outlook, citing weaker consumer demand for home improvement projects.
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General Motors (NYSE:GM) stock fell 0.4%, with the auto giant recalling 21,469 electric SUVs in the U.S. over concerns of an unexpected activation of the anti-lock brake system, and will remedy the issue through an over-the-air update, the National Highway Traffic Safety Administration said.
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Trump Media & Technology (NASDAQ:DJT) stock fell 3.1%, continuing the previous session’s selloff after former President Donald Trump made his return to X, the platform formerly known as Twitter.
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BuzzFeed (NASDAQ:BZFD) stock soared 16% after the digital media company narrowed its net loss in the second quarter to $6.6 million from $22.5 million a year earlier.
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On Holding (NYSE:ONON) stock fell 6.9% after the shoe manufacturing company only reiterated its annual sales forecast even after beating estimates for second-quarter revenue on strong demand from customers looking for products linked with tennis star Roger Federer .
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B. Riley Financial (NASDAQ:RILY) stock fell 11% after the investment bank disclosed a delay in filing its quarterly report with the U.S. Securities and Exchange Commission, adding to a sharp plunge triggered by the expectations of a second-quarter loss.
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Tencent Music Entertainment (NYSE:TME) stock fell 6.9% after the company reported a drop in quarterly revenue, although this was cushioned by an increase in paying subscribers at its music streaming platforms.
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Baxter (NYSE:BAX) stock rose 0.2% after the Carlyle Group (NASDAQ:CG) buyout firm struck a deal to acquire the medical-device maker’s kidney-care unit Vantive for $3.8 billion.