Investing.com | Creator Peter Nurse
Revealed Oct 23, 2023 07:31AM ET
Investing.com — U.S. futures fell Monday, pressured by rising bond yields forward of quarterly earnings from a lot of tech giants this week.
Listed here are among the largest premarket U.S. inventory movers right now:
- Hess (NYSE:HES) inventory rose 0.8% and Chevron (NYSE:CVX) inventory fell 2.7% after the oil main launched a bid to amass its smaller rival in an all-stock deal valued at $53 billion.
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Apple (NASDAQ:AAPL) inventory fell 1.1% after Foxconn, a significant provider of Apple’s iPhones, faces a tax probe in China, in accordance with a report within the state-backed World Instances newspaper.
- Roivant Sciences (NASDAQ:ROIV) inventory soared 5.4% after Roche agreed to pay an preliminary $7.1 billion to the drug maker, together with Pfizer (NYSE:PFE), up 1.1%, for rights to a brand new inflammatory bowel illness drug.
- Tesla (NASDAQ:TSLA) inventory fell 1.5% after the EV producer stated its capital expenditure for 2023 would exceed the $7 billion to $9 billion goal it had laid out earlier this 12 months.
- Pinterest (NYSE:PINS) inventory rose 2.4% after Stifel upgraded the picture sharing firm to ‘purchase’ from ‘maintain’, seeing substantial progress potential past the home market.
- Walgreens (NASDAQ:WBA) inventory rose 3.1% after JPMorgan upgraded the pharmacy chain to ‘obese’ from ‘impartial’, saying the current management transition, with Tim Wentworth assuming the CEO function, marks the graduation of a brand new section for its shares.
- Salesforce (NYSE:CRM) inventory fell 1.9% and Unity Software program (NYSE:U) dropped 3% after Piper Sandler downgraded each software program corporations to ‘impartial’ from ‘obese’, whereas Asana (NYSE:ASAN) fell 4.3% after Piper Sandler dropped it to ‘underweight’ from ‘impartial’.
- Okta (NASDAQ:OKTA) inventory fell 3.8%, persevering with Friday’s selloff after the cybersecurity agency disclosed a breach of its buyer help system that allowed some hackers to view recordsdata uploaded by sure purchasers.
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Written By: Investing.com
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