Micron, CarMax, Boeing rise premarket; Blackberry, Paramount Global fall

investing.com:

Investing.com — U.S. futures rose Thursday, bouncing after the previous session’s selloff, ahead of the release of key growth and employment data.

Here are some of the biggest premarket U.S. stock movers today:

Micron (NASDAQ:MU) stock rose 5.8% after the memory chipmaker unveiled a better-than-expected second-quarter revenue forecast, expecting the company «to benefit from higher prices» next year and into 2025.

Warner Bros Discovery (NASDAQ:WBD) stock rose 0.7% and Paramount Global (NASDAQ:PARA) fell 1.6% following a series of media reports that two of the world’s largest media companies were discussing a potential tie-up, a move which could shore up profitability and lower costs during a time of fierce competition.

CarMax (NYSE:KMX) stock rose 6.5% after the used cars retailer posted a higher third-quarter profit after previously implemented cost cuts helped it offset headwinds from lower demand.

Boeing (NYSE:BA) stock rose 1.8% after Bloomberg reported that China has approved the delivery of a 787 Dreamliner jet to Juneyao Airlines, the first such delivery since April 2021.

Toyota (NYSE:TM) ADRs fell 1% after Japan’s biggest automaker said its Daihatsu unit will halt shipments of all its vehicles in light of a safety investigation revealing issues with several models sold by the firm.

Blackberry (TSX:BB) stock fell 3.9% after the Canadian technology firm outlined a conservative financial outlook for its current quarter..

Spotify (NYSE:SPOT) stock rose 2.2% after Pivotal Research upgraded the music streaming company to ‘buy’ from ‘hold’, citing improved forecasts for EBITDA and free cash flow, the potential for significant margin expansion, and its capability to increase prices without losing customers significantly.