Trump raises tariff demands in EU trade talks to 15-20% - FT
Investing.com -- U.S. stock futures slipped lower Friday, ending the week on a negative note as investors digest the ongoing conflict in the Middle East as well as the latest Federal Reserve policy decision.
Here are some of the biggest premarket U.S. stock movers today:
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Apple (NASDAQ:AAPL) stock fell 0.3% after Business Standard reported that the tech giant is scouting for Indian companies to manufacture the equipment required to build the company’s flagship iPhone devices in the country.
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Amazon (NASDAQ:AMZN) stock fell 0.1% after Britain’s grocery regulator launched an investigation into the U.S. retail giant over whether it breached rules on timely supplier payments over a three-year period.
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Tesla (NASDAQ:TSLA) stock rose 1.7% after Chinese media reported that the EV manufacturer’s first China grid-scale battery storage station using its megapack batteries will be located in Shanghai.
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Accenture (NYSE:ACN) stock fell 4% after the services and consulting firm’s fiscal third-quarter bookings fell short even as the company lifted its earnings guidance and reported better-than-expected results for the third quarter of fiscal 2025.
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CarMax (NYSE:KMX) stock surged 10% after the used car retailer reported first-quarter earnings that easily topped expectations, driven by higher sales volumes and strong profit margins.
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Darden Restaurants (NYSE:DRI) stock rose 1.5% after the Olive Garden owner lifted its quarterly dividend by over 7%, and approved a new $1 billion share-repurchase program, even as it reported a slide in fourth-quarter operating income and provided a weaker-than-anticipated outlook for its current fiscal year.
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PDD Holdings (NASDAQ:PDD) stock fell 1.3% with the U.S. sales slump of its online marketplace Temu worsening as it sharply reduces its advertising aimed at American consumers, reflecting a change in strategy following President Donald Trump’s move to tighten trade rules.
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GMS (NYSE:GMS) stock surged 29% after the Wall Street Journal reported that DIY chain Home Depot (NYSE:HD) is making an offer for the building-products distributor, creating a potential bidding war after QXO (NYSE:QXO) submitted a bid on Wednesday.
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Circle Internet (NYSE:CRCL) stock rose 10% with the stablecoin issuer extending gains from its previous session, after the U.S. Senate passed stablecoin legislation setting up regulatory rules for cryptocurrencies pegged to the dollar.