Investing.com -- U.S. stock futures fell Wednesday, with investors concerned that the Federal Reserve may keep interest rates elevated for longer than previously expected.
Here are some of the biggest premarket U.S. stock movers today:
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Nvidia (NASDAQ: NVDA) stock rose 0.4%, continuing to climb after the tech giant’s hefty 7% gains the previous session.
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American Airlines (NASDAQ: AAL) stock sank 8.8% after it cut its second-quarter earnings forecast on a more... (continue reading...)
(Reuters) - Shares of American Airlines slumped on Wednesday after the carrier cut its profit forecast for the current quarter, citing weakening pricing power despite expectations for record travel demand in the summer season.
American Airlines shares were down nearly 8% in premarket trading on Wednesday, dragging peers Delta Air, Southwest Airlines and United Airlines, which all fell between 1.5% and 2.5%.
The Fort Worth, Texas-based... (continue reading...)
(Reuters) - Aethon Energy will acquire Tellurian's upstream assets for $260 million and purchase two million tons per annum (mtpa) of liquefied natural gas (LNG) from its Driftwood LNG plant, the companies said on Wednesday.
Shares of Tellurian were up 6.1% in premarket trading.
Reuters reported earlier this month that U.S. LNG developer Tellurian had sent home more than a dozen workers from its upstream gas production business amid sale... (continue reading...)
Robinhood (NASDAQ: HOOD) Markets stock added more than 3% in afterhours trading Tuesday after the broker unveiled plans for share repurchase program.
The company's board of directors has given the green light for a Repurchase Program, allowing Robinhood to buy back up to $1 billion of its outstanding Class A common stock.
This strategic move is poised to unfold over the next two to three years, starting in the third quarter of 2024.
The buyback plan does not come with a... (continue reading...)
(Reuters) - Verizon said on Tuesday that it added Comcast's Peacock to its streaming subscription hub and plans to offer YouTube Premium at a discounted rate with myPlan subscriptions.
The telecom firm said it will offer YouTube Premium for $10 per month, offering savings of 30% to myPlan customers, starting Thursday.
Peacock streaming service, under NBCUniversal, will be made available from June 5 through Verizon's +play, an... (continue reading...)
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