Investing.com -- US stock futures traded a little lower Friday, as investors assessed the implications of President Trump's latest tariff announcement and parsed through a raft of inflation data earlier in the week.
Here are some of the biggest premarket US stock movers today:
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Moderna (NASDAQ:MRNA) stock fell 4.5% after the biotech lost more than expected in the fourth-quarter, as the biotech company continues to slash costs and see lower demand for its Covid vaccine.
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GameStop (NYSE:GME) stock rose 8% after CNBC reported that the video game retailer is mulling over potential investments into Bitcoin and other cryptocurrencies, as well as other alternative asset classes.
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Airbnb (NASDAQ:ABNB) stock rose 14% after the short-term housing rental company reported fourth quarter earnings and sales ahead of expectations, helped by a “notable acceleration” in the number of first-time bookers on the platform.
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Palo Alto Networks (NASDAQ:PANW) stock fell 4.7% after the cybersecurity firm issued a disappointing earnings outlook for the current quarter.
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Apple (NASDAQ:AAPL) stock fell 0.3% despite Bloomberg reporting that the iPhone plans to release its artificial intelligence features on Chinese devices by the middle of the year, as it links up with local firms to meet Beijing's regulatory requirements.
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Applied Materials (NASDAQ:AMAT) stock shed 4.8% as the chipmaking equipment maker forecast second-quarter revenue below estimates, citing tighter U.S. export restrictions on chipmaking technology to China.
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DaVita (NYSE:DVA) stock dropped 9.1% after the dialysis firm projected annual profit below expectation, while Warren Buffett's Berkshire Hathaway (NYSE:BRKa) sold some of its shares in the company.
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Roku (NASDAQ:ROKU) stock rose 15% after the technology company forecast annual revenue above expectations signaling strong advertising sales as more customers switch to streaming platforms.