-- U.S. traded higher Thursday, attempting to rebound after recent losses ahead of the earnings from streaming giant Netflix (NASDAQ:).
Here are some of the biggest premarket U.S. stock movers today:
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Tesla (NASDAQ:) stock fell 2%, dropping to a 15-month low, after Deutsche Bank downgraded the electric vehicle giant’s stock rating to ‘hold’ from ‘buy’, highlighting a “considerable risk.”
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Blackstone (NYSE:) stock fell 2% after the world's largest private equity firm said its first-quarter distributable earnings rose just 1% year-on-year supported by growth in fee-related earnings that was partly offset by a decline in income from asset divestments.
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(NYSE:) stock rose 1.7% after the aluminum producer’s earnings topped estimates, and it flagged steady production in 2024.carrier forecast.
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Micron Technology (NASDAQ:) stock rose 2.2% following reports that the memory chip maker was set to receive over $6 billion in government grants to help pay for domestic chip factory projects.
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DR Horton (NYSE:) stock rose 2.6% after the homebuilder posted a rise in quarterly profit, as tight housing supply in the United States lifted home sales.
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(NYSE:) stock fell 3.5% despite the casino operator beating profit expectations, as underperformance at its Macau operations remained a point of concern.
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Equifax (NYSE:) stock plummeted nearly 10% after the credit reporting agency posted weaker-than-expected guidance after strong economic data boosted chances of interest rates staying higher-for-longer, potentially delaying a recovery in the mortgage market.
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(NYSE:) stock rose 1.8% after the carrier forecast current-quarter profit above estimates, driven by expectations of a strong summer season as travel demand soars.