© Reuters.
Investing.com — U.S. traded lower, with investors cautious ahead of the release of Federal Reserve meeting minutes from the June policy gathering.
Here are some of the biggest premarket U.S. stock movers today:
-
Nvidia (NASDAQ:) stock rose 0.6% after the Financial Times reported that U.K.-based chip designer Arm is in negotiations with the U.S. chipmaker for it to be an anchor investor in Arm’s planned initial public offering.
-
Illumina (NASDAQ:) stock fell 0.2% after EU regulators hit the genetic sequencing equipment maker with a record €432 million (€1 = $1.1023) fine for closing its acquisition of cancer test developer Grail without first securing regulatory approval.
-
Netflix (NASDAQ:) stock rose 0.6% after UBS lifted its price target on the streaming giant by 35%, keeping a ‘buy’ rating, citing the recently announced restrictions on account sharing.
-
Microsoft (NASDAQ:) stock rose 0.4% after a federal court judge rejected U.S. antitrust concerns over the tech giant’s proposed megamerger with video game maker Activision Blizzard (NASDAQ:).
-
Amazon (NASDAQ:) stock rose 0.4% on the second day of the e-commerce giant’s 48-hour shopping event, known as Prime Day, which attempts to draw in U.S. customers with deep discounts.
-
Broadcom (NASDAQ:) stock rose 0.6% after the chipmaker secured EU antitrust approval for its $61 billion proposed acquisition of cloud computing firm VMware (NYSE:), up 2.3%, after offering remedies to help rival Marvell (NASDAQ:), up 0.7%.
-
Domino’s (NYSE:) stock rose 11.5% after the pizza firm announced a new agreement with Uber (NYSE:), up 0.9%, that will allow customers to order Domino’s products through the food delivery company’s apps.
