Stocks making the biggest moves premarket: Meta Platforms, United Airlines, Nvidia & more
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Stocks making the biggest moves premarket: META, UAL, NVDA Skip Navigation Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Check out the companies making the biggest moves premarket: Meta Platforms The hyperscaler slipped 3% in premarket trading following an almost 13% gain last week amid a series of announcements related to its personal AI agent Muse. Meta's fall on Monday came as stocks related to the AI trade broadly sold off. Newmont The gold miner fell more than 4% as prices of the precious metal declined 3%. Higher global bond yields, including the 10-year U.S. Treasury note yield crossing 5.2%, are weakening demand for non-interest-bearing assets. Energy stocks U.S. oil prices were up more than 4% and above $96 per barrel, sending energy companies higher. Occidental Petroleum and ConocoPhillips were up 2% each Exxon Mobil and Chevron both were higher by 1.5%. Airlines Higher oil prices sent major airliners lower as investors digested the implications for jet fuel costs. United Airlines and American Airlines slipped more than 2% each, while Southwest Airlines and Delta Air Lines were both off by more than 1.5%. Nvidia While chipmakers broadly declined as tech stocks were lower to start the week, with the iShares Semiconductor ETF (SOXX) off almost 2%, Nvidia outperformed and was up 1.5%. On Monday, the company announced new AI safety software and a $150 billion increase to its stock buyback program. Other chipmakers like Marvell Technology and Advanced Micro Devices started the week down 2%.
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