Disney, Palantir, Lucid Group fall premarket; Apple, Kenvue rise By

-- U.S. stock steadied Tuesday,FXCM official website trading platform download as investors awaited comments from Federal Reserve officials as well as the continuation of the quarterly earnings season.

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

• Walt (NYSE:) stock fell 5.3% despite the entertainment giant posting its first profit from its streaming unit, two quarters ahead of schedule, while raising its annual earnings per share outlook as it said turnaround efforts were yielding results.

• Apple(NASDAQ:) stock rose 0.8% after the Wall Street Journal reported the iPhone maker is developing its own chip to run artificial intelligence software in data centers, citing people familiar with the matter.

• Kenvue(NYSE:) stock rose 1.8% after the consumer health company, a spinoff from Johnson & Johnson (NYSE:), beat Wall Street estimates for first-quarter profit, adding it would cut 4% of its global workforce as part of a plan to cut costs.

• BP(NYSE:) ADRs fell 2.1% after the energy giant posted lower than anticipated underlying profit in the first quarter due to a slide in oil and gas prices.

• (NYSE:) stock rose 0.3% after the utility beat expectations for first-quarter profit, benefiting from higher rates and robust demand for electricity.

• Palantir Technologies(NYSE:) stock tumbled 12% after the data analytics firm's annual revenue forecast fell short of analysts' estimates.

• UBS(NYSE:) stock rose 9% after the Swiss bank reported a first-quarter net profit of $1.8 billion, far above expectations, and its first quarterly profit since acquiring rival Credit Suisse in a government-brokered deal in 2023.

• Boeing(NYSE:) stock fell 0.9% after the Federal Aviation Administration opened an investigation into the plane manufacturer’s 787 Dreamliner after the company said some employees had committed "misconduct" by claiming some tests had been completed.

• Lucid Group(NASDAQ:) stock fell 7.9% after the luxury electric vehicle maker forecast higher capital expenditure this year and maintained a disappointing annual production forecast amid slower-than-expected EV demand.

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