Investing.com — U.S. futures slipped lower Monday, consolidating at the start of a holiday-shortened week ahead of the release of key inflation data and several Fed speakers.
Here are some of the biggest premarket U.S. stock movers today:
Apple (NASDAQ:AAPL), Meta Platforms (NASDAQ:META) and Alphabet (NASDAQ:GOOGL) stock all fell by over 0.5% after EU antitrust regulators launched investigations into the tech giants for potential breaches of the Digital Markets Act, potentially leading to hefty fines for the companies.
Intel (NASDAQ:INTC) and AMD (NASDAQ:AMD) stock both fell over 3.5% after the Financial Times reported that China would limit the use of their chips and servers in government computers, potentially hitting key sales.
Tesla (NASDAQ:TSLA) stock fell 1.4% after Mizuho downgraded its stance on the EV manufacturer to ‘hold’ from ‘buy’, adding to the company’s woes as it grapples with slow demand and strong competition in the important Chinese market.
Walt Disney (NYSE:DIS) stock rose 1.2% after a spokesperson for the entertainment giant distanced the company from remarks by activist investor Nelson Peltz criticizing the company for making movies dominated by female and Black actors, saying this is evidence that he shouldn't be on Disney's board.
BioNTech (NASDAQ:BNTX) stock fell 0.8% after the U.S. National Institutes of Health has sent a notice to the German drug maker regarding default on the payment of royalties and other amounts related to its COVID-19 vaccine.
Novo Nordisk (NYSE:NVO) stock fell 0.1% after the Danish drugmaker agreed to buy Cardior Pharmaceuticals for just over €1 billion ($1.1 billion) to strengthen its cardiovascular pipeline.
United Airlines (NASDAQ:UAL) stock fell 3.3% after the U.S.
Read more on investing.com