Nvidia, Micron, Uber and Walt Disney rise premarket; Tesla falls By Investing.com

Investing.com – U.S. stock futures were flat on Tuesday ahead of key employment data.

Here are some of the biggest primary market US stock movements today.

• Nvidia: (NASDAQ: ) shares rose 2.4% after the chip giant unveiled new products such as artificial intelligence to better train robots and machines, augmented gaming chips and its first desktop computer since that he discovered his potential to expand his business.

• Tesla (NASDAQ: ) shares fell 1.6% after Bank of America lowered its stance to “neutral” from “buy,” saying execution risk was high in its assessment.

• Meta platforms (NASDAQ: ) shares fell 0.6% after Facebook parent Meta Platforms said it would end its current third-party fact-checking program in the United States and instead begin switching to the Community Notes program, which similar to social media platform X.

• Microsoft (NASDAQ: ) shares rose 0.5% after the software giant said it plans to spend $3 billion to expand its Azure cloud and artificial intelligence capabilities in India.

• Apple: (NASDAQ: ) shares fell 1.1% after analysts at MoffettNathanson downgraded its stance on the iPhone maker from “sell” to “neutral,” citing concerns about the company’s future prospects.

• Micron (NASDAQ: ) shares rose 4.2% after Nvidia CEO Jensen Huang revealed that the company is supplying memory chips for Nvidia’s new graphics processing units.

• Aurora Innovation (NASDAQ: ) shares surged 40% after the autonomous trucking technology company said it has entered into a long-term partnership with chip designer Nvidia and automotive supplier Continental to deliver driverless trucks on a commercial scale.

• Uber: (NYSE: ) shares rose 2.5% after the ride-hailing company announced it was teaming up with Nvidia to accelerate autonomous mobility.

• Walt: Disney ( NYSE: ) shares rose 0.6% after Redburn upgraded its stance on the entertainment giant to “buy” from “neutral,” seeing more than 30% upside ahead.