Investing.com -- U.S. stock futures slipped lower Tuesday, amid caution ahead of the start of the latest Federal Reserve meeting.
Here are some of the biggest premarket U.S. stock movers today:
Apple (NASDAQ:AAPL) stock fell 0.2% after the tech giant unveiled a long-awaited AI strategy, integrating its new "Apple Intelligence" technology across its suite of apps including Siri and bringing OpenAI's chatbot ChatGPT to its devices.
General Motors (NYSE:GM) stock rose 1.1% after the auto giant’s board has authorized a fresh $6 billion stock repurchase plan.
Tesla (NASDAQ:TSLA) stock rose 0.2% after Bloomberg reported Scottish fund manager Baillie Gifford is set to vote in favor of backing Elon Musk’s $56 billion pay package.
Eli Lilly (NYSE:LLY) stock rose 2.1% after its Alzheimer's drug donanemab received unanimous backing from an FDA panel.
Rocket Lab USA (NASDAQ:RKLB) stock gained 0.2% after the company signed terms to receive nearly $24 million in funding under the U.S. CHIPS Act to expand the production of semiconductors that power spacecraft.
Coinbase (NASDAQ:COIN) stock fell 3.8%, with the cryptocurrency exchange hit hard by the 4% fall in the price of bitcoin, the most popular digital currency.
Yext (NYSE:YEXT) stock fell 12% after the digital presence platform for multi-location brands announced its plan to acquire Hearsay Systems, a leading digital client engagement service for the financial sector, for $125 million.
Calavo Growers (NASDAQ:CVGW) stock rose 13% after the leading avocado industry player reported a substantial beat on both earnings and revenue for its fiscal second quarter.
* The content presented above, whether from a third party or not, is considered as general advice only. This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.
