Tesla, Intel and Coinbase rise premarket; Apple falls
Investing.com — U.S. futures traded largely unchanged Wednesday, stabilizing after recent gains during the last trading week of what has been a positive year.
Here are some of the biggest premarket U.S. stock movers today:
Tesla (NASDAQ:TSLA) stock rose 0.4% with Bloomberg reporting that the electric car maker is preparing to launch a revamped version of its Model Y from its Shanghai plant.
Intel (NASDAQ:INTC) stock rose 0.6% after Israel's government agreed to give the tech giant a $3.2 billion grant for a new $25 billion chip plant it plans to build in southern Israel, in what would be the largest investment ever by a company in Israel.
Apple (NASDAQ:AAPL) stock fell 0.1% after Bloomberg reported that executive Tang Tan, who led design for the iPhone and Apple Watch, is set to join LoveFrom, a new artificial intelligence hardware project.
Coherus BioSciences (NASDAQ:CHRS) stock soared over 35% after the U.S. FDA approved a new delivery service for its post-chemotherapy treatment.
Toyota (NYSE:TM) ADRs rose 0.4% after data showed the world's largest auto maker's global production jumped 11% in November to a record level, bouncing back from last year's supply chain disruptions.
Coinbase (NASDAQ:COIN) stock rose 2.5% with the cryptocurrency exchange benefiting from the bounce in bitcoin, the most widely used digital currency.
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