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Nvidia, Unity Software and Tesla rose premarket; Sofi Technologies fell

Published 2025-01-02, 07:48 a/m
© Reuters
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Investing.com -- US stock futures rose Thursday, starting the new year on a positive note ahead of the release of unemployment and manufacturing activity data.

Here are some of the biggest premarket US stock movers today:

  • Apple (NASDAQ:AAPL) stock rose 0.1% after the tech giant offered rare discounts on its latest iPhone models in China, as the US tech giant moves to defend its market share against rising competition.

  • Nvidia (NASDAQ:NVDA) stock rose 1.7% after Bank of America (NYSE:BAC) reiterated the chipmaker as its top pick ahead of the Consumer Electronics Show next week, with CEO Jensen Huang set to deliver his keynote during the event.

  • Unity (NYSE:U) Software (ETR:SOWGn) stock jumped 9.2% following a block trade of 1.32 million shares valued at $29.7 million, helped by social media activity surrounding the video game software company surging.

  • Tesla (NASDAQ:TSLA) stock rose 1.5% ahead of the release of its quarterly deliveries numbers, and after the EV manufacturer’s Cybertruck exploded in flames at the entrance of Trump Hotel Las Vegas on Wednesday.

  • SoFi Technologies (NASDAQ:SOFI) stock dropped 1% after brokerage KBW downgraded the personal finance company to "underperform" from "market perform", on doubts over its long-term outlook.

  • Palantir (NASDAQ:PLTR) stock rose 1.3% and MicroStrategy (NASDAQ:MSTR) gained 4% after the software platform developer and the business intelligence firm were both added to the Nasdaq 100 index.

  • Uber (NYSE:UBER) stock rose 1.4% despite JMP Securities downgraded the ride-hailing company to “market perform” from “market outperform“, citing the growing influence of autonomous vehicles in the rideshare market.

  • Cloudflare (NYSE:NET) stock rose 6% after Goldman Sachs (NYSE:GS) upgraded its stance on the cloud cybersecurity company to “buy” from “sell”, citing improving sales and marketing productivity.

  • Check Point Software (NASDAQ:CHKP) stock fell 0.7% after Goldman downgraded the IT security company to “neutral” from “buy”, reflecting concerns over earnings growth for 2025, despite the company’s ongoing investments.

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