Investing.com – U.S. stocks traded within tight ranges on Thursday, stabilizing ahead of the release of more key labor market data that could guide future monetary policy moves from the Federal Reserve.
Here are some of the biggest premarket stock movers in the US today
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Nvidia (NASDAQ:) Shares rose 0.4% after falling more than 11% over the past two sessions, with the AI chip company saying Wednesday that it had not received a subpoena from the U.S. Department of Justice.
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American steel (NYSE:) Shares rose 2.1%, bouncing after a 17% loss in the previous session, following reports that US President Joe Biden will block Japan’s Nippon Steel’s proposed $14.9 billion takeover over concerns about national security.
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Border communication (OTC:) Shares fell 9.7%, following the previous session’s 37% gain Verizon (NYSE:), up 1.2%, said it plans to buy the company, in a deal that would help strengthen the telecom giant’s fiber network.
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C3.ai (NYSE:) Shares fell 19% after the AI software company missed quarterly subscription revenue as companies tightened spending amid economic uncertainties.
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Tesla (NASDAQ:) Shares rose 2.9% after Reuters reported that the EV maker plans to make a six-seat variant of its Model Y car in China starting in late 2025.
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ChargePoint (NYSE:) Shares fell 7.2% after the EV charging company reported a decline in second-quarter revenue, soft guidance, and announced plans to cut 15% of its workforce.
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Nio (NYSE:) Shares rose 3.8% after the EV maker reported better-than-expected second-quarter earnings as deliveries hit a record high.
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Honeywell (NASDAQ:) Shares fell 0.3% after conglomerate insider Mike Stepniak announced that its new Chief Financial Officer as incumbent President Greg Lewis has decided to step down from his position.
- JetBlue (NASDAQ:) Shares rose 4.4% after the airline raised its third-quarter revenue guidance, reflecting strong travel demand during the summer season.
