Categories: Stock Market

Nvidia, Microsoft, Netflix and Domino’s rise premarket; Illumina falls By Investing.com


© 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.

Source link

nasdaqpicks.com

Share
Published by
nasdaqpicks.com

Recent Posts

Swiggy, OLA to Honasa Consumer: 13 new-age tech stocks crash 30-64% from peak amid carnage in Indian stock market

Indian Stock Market: The recent sell-off in the Indian stock market has spared no one,…

7 minutes ago

Markets tumble on trade war fears; TCS leads tech rally

Indian equity markets opened sharply lower on Wednesday as escalating trade tensions and hawkish comments…

16 minutes ago

These two metal stocks may withstand Donald Trump’s steel, aluminium tariffs

Major domestic aluminium and steel exporters saw their stocks reflect this sentiment after the US…

17 minutes ago

Could an EU-US deal be struck to avoid a full-blown trade war?

This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign…

20 minutes ago

RBI punishes rupee speculators in surprise move

The Reserve Bank of India intervened in the foreign exchange market this week to curb…

24 minutes ago

Earnings Impact! Lupin share price rebounds around 6% from today’s low after strong Q3 results 2025

Shares of pharma major Lupin rebounded from their day's low after the company posted strong…

28 minutes ago