Investing.com - U.S. stock futures ticked higher on Tuesday, as investors returned for a holiday-shortened trading week with talks between the U.S. and Russia aimed at ending the war in Ukraine in the limelight.
Here are some of the biggest premarket U.S. stock movers today:
- Intel (NASDAQ:INTC) shares jumped in premarket U.S. trading on a Wall Street Journal report that semiconductor giants Broadcom (NASDAQ:AVGO) and Taiwan Semiconductor Manufacturing Co. were exploring potential deals that would split the U.S. chipmaking group in two.
- A regional Delta Air Lines (NYSE:DAL) plane flipped upside down upon landing at Toronto Pearson (LON:PSON) Airport on Monday, leaving 18 of the 80 people on board injured. Shares in the U.S. carrier were lower.
- Southwest Airlines (NYSE:LUV) shares rose after the group said it planned to slash around 15% of corporate jobs, amounting to around 1,750 roles, as part of an ongoing drive to rein in costs and make its corporate structure "leaner, faster, and more agile."
- U.S.-listed shares in Baidu (NASDAQ:BIDU) slipped after the Chinese search titan posted a decline in its December quarter revenue due in part to sluggishness at its advertising unit.
- Oil and gas group Diamondback Energy (NASDAQ:FANG) has said it would purchase some divisions of Texas-based Double Eagle in a deal worth $4.08 billion. Shares in Diamondback were slightly higher following the announcement.
- Conagra Brands (NYSE:CAG) cut its full-year profit and operating margin guidance, citing the impact of customer service interruptions and foreign exchange headwinds. Shares in Slim Jim beef jerky manufacturer fell.
- H&E Equipment Services (NASDAQ:HEES) shares spiked by more than 19% after the Financial Times reported that the equipment rental company accepted a $5.3 billion takeover bid from Herc Rentals, rebuffing an earlier offer from peer United Rentals (NYSE:URI).
- Hims & Hers Health (NYSE:HIMS) shares slumped after analysts at Morgan Stanley (NYSE:MS) slashed their rating of the telehealth firm to "equal-weight" from "overweight," arguing that it was time for the stock to take a "breater" after a "torrid" recent run.
- Constellation Brands (NYSE:STZ) shares surged on news that Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) had taken a new position in the maker of Corona and Modelo beers.
- Lyft ’s (NASDAQ:LYFT) stock price dipped below the flatline after analysts at Arete Research downgraded their rating of the ride-hailing group to "sell" from "hold," citing risks to the firm’s targets from rival Uber (NYSE:UBER).