Bank of America, Tesla, Match rise premarket; Morgan Stanley, Charles Schwab fall By

-- U.S. stock edged slightly higher Tuesday,Global 50 foreign exchange rankings as the quarterly earnings season continues and ahead of the release of key retail sales data.

Here are some of the biggest premarket U.S. stock movers today:

• Bank of America(NYSE:) stock rose 2% after the lender reported second-quarter revenue and profit topping expectations on rising investment banking and asset management fees.

• (NYSE:) stock fell 2.6% despite the investment bank reporting its profit rose in the second quarter with investment banking activity rebounding, as some of its peers had outperformed.

• (NYSE:) stock fell 3.7% after the financial services company reported results largely in line with expectations, failing to beat guidance like many of its peers.

• Tesla(NASDAQ:) stock rose 1.4% after a report CEO Elon Musk planned to commit around $45 million a month to a new pro-Trump super political action committee.

• Match(NASDAQ:) stock rose 7.7% following a report activist investor Starboard has a stake of more than 6.5% in the Tinder owner and was pushing for a possible sale if a turnaround wasn't successful.

• Trump Media & Technology(NASDAQ:) stock fell 9.1%, pulling back after closing up 31% a day earlier amid a broader rally in the so-called Trump trade across markets.

• UnitedHealth(NYSE:) stock rose 0.3% despite the health insurer raising its estimates for a hit to earnings this year from a February hack at its tech unit, as it rolls out loans to healthcare providers and records higher expenses from notifying affected customers.

• Palantir Technologies(NYSE:) stock fell 1.6% after Mizuho downgraded its investment stance on the big data analytics software maker to ‘underperform’ from ‘neutral’, saying its rich valuation is becoming “hard to justify.”

• Shopify(NYSE:) stock rose 3.6% after Bank of America upgraded its stance on the e-commerce platform to ‘buy’ from ‘neutral’, saying the “company has turned a corner on balanced growth and margin, under new CFO Jeff Hoffmeister.”

• Starbucks(NASDAQ:) stock fell 0.5% after Evercore ISI downgraded the coffee chain to ‘in line’ from ‘outperform’, saying soft trends are continuing.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!