Investing.com -- U.S. stock futures edged higher Friday, with sentiment boosted by the U.S.-China trade deal seen reducing the chances of a recession later this year.
Here are some of the biggest premarket U.S. stock movers today:
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Applied Materials (NASDAQ:AMAT) stock fell 5.8% after the chipmaking equipment maker posted weaker-than-anticipated sales at its largest segment.
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Vistra Energy (NYSE:VST) stock gained 5.2% after the electricity firm announced a $1.9 billion deal to buy natural gas assets, which are likely part of its ambition to generate electricity for artificial intelligence data centers.
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Take-Two Interactive (NASDAQ:TTWO) Software stock fell 2.3% after the videogame publisher dropped premarket after its annual bookings guidance missed estimates, following a delay in its hotly anticipated Grand Theft Auto VI title.
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Apple (NASDAQ:AAPL) stock rose 0.1% after KeyBanc Capital Markets’ proprietary Key First Look Data recorded a 34% increase in iPhone sell-through compared to the same month last year, which had seen a 24% decline, likely fueled by consumer fears over potential tariff-related price increases.
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Charter Communications (NASDAQ:CHTR) stock rose 1.5% after the cable company agreed to merge with Cox Communications, valuing Cox at $34.5 billion on an enterprise basis, one of the largest deals in the industry.
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UnitedHealth (NYSE:UNH) stock rose 2.2%, bouncing after dropping 10% in the prior session after the Wall Street Journal reported that the health care company was the subject of a criminal probe at the Justice Department, just one day after the company withdrew its financial outlook and said Group CEO Andrew Witty was leaving.
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Coinbase Global (NASDAQ:COIN) stock rose 1.7% after Oppenheimer said the selloff of the crypto exchange’s stock was “overdone”, and the stock can bounce 20%.
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Microsoft (NASDAQ:MSFT) stock fell 0.1% after EU antitrust regulators said the software giant has offered to sell its Office product without Teams at a lower price than Office with Teams as well as offer rivals better interoperability access to its services and products.
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Estee Lauder (NYSE:EL) stock rose 4.3% after Michael Burry’s Scion Asset Management bought shares in the cosmetics company.