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Apple, Hertz and Goodyear rise premarket; Humana, Plug Power fall By

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Introduction-- U.S. largely edged higher Thursday, but sentiment remained weak as U.S. interest rate cuts looke ...

-- U.S. largely edged higher Thursday,ptfx foreign exchange latest news today but sentiment remained weak as U.S. interest rate cuts looked further away than ever.

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

Apple, Hertz and Goodyear rise premarket; Humana, Plug Power fall By

  • Alphabet(NASDAQ:) stock rose 0.8% after The Verge magazine reported its unit Google is set to disclose more job losses, citing Chief Executive Sundar Pichai as stating in an internal memo.

  • Apple(NASDAQ:) stock rose 2.4% after Bank of America upgraded its stance on the tech giant to ‘buy’ from ‘neutral’, expecting the upcoming launch of Vision Pro next month, as well as AI-powered iPhone, to drive future growth.

  • Discover Financial Services(NYSE:) stock fell more than 10% after the financial services company reported a steep decline in fourth-quarter net income due in part to higher compliance-related expenses.

  • Humana(NYSE:) stock fell 14% after the health insurer lowered its profit guidance after it was forced to adjust its forecast for individual Medicare Advantage growth for this year.

  • Taiwan Semiconductor Manufacturing(NYSE:) stock rose 7.7% after the world's largest contract chipmaker logged a smaller-than-expected decline in its fourth-quarter profit as revenue was buoyed by increased sales of its most advanced chips.

  • (NASDAQ:) stock rose 0.9% after the company named Stellantis(NYSE:) executive Mark Stewart as its CEO, succeeding long-time top boss Richard Kramer.

  • (NYSE:) stock rose 0.4% after the discount retailer announced that finance chief Michael Fiddelke will become its new chief operating officer, effective Feb. 4, replacing long-time executive John Mulligan.

  • (NASDAQ:) stock slumped over 14% after the fuel-cell company disclosed in an SEC filing late Wednesday that it will sell up to $1 billion in shares.

  • Hertz(NASDAQ:) stock rose 8.7% after the car rental firm announced plans to sell off its fleet of electric vehicles, opting instead for gas-powered vehicles.
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