© Reuters
Investing.com — U.S. slipped lower Tuesday, amid caution ahead of the start of an eagerly-awaited Federal Reserve policy-setting meeting.
Here are some of the biggest premarket U.S. stock movers today:
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Nvidia (NASDAQ:) stock fell 1.8% as the chipmaker gave back some of the impressive gains seen this year after it unveiled its new line of AI chips at its annual developer conference.
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Pfizer (NYSE:) stock rose 0.1% after the drugs giant offloaded a roughly $3.9 billion stake in the British consumer healthcare firm, Haleon, bringing its holding to 22.6%.
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Coinbase (NASDAQ:) stock fell 5.2%, with the cryptocurrency exchange suffering from the sharp slide in , the most popular digital currency.
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Spire Global (NYSE:) stock rose 17% after the data and analytics company announced a collaboration with Nvidia for AI-driven weather prediction.
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Meta Platforms (NASDAQ:) stock fell 0.8% after the tech giant offered to cut a monthly subscription fee for Facebook and Instagram following discussions with regulators.
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Unilever (LON:) (NYSE:) ADRs rose 2.7% after the consumer goods group said it will spin off its ice cream unit, home to popular brands such as Magnum and Ben & Jerry’s, and cut 7,500 jobs in a new cost-savings program.
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International Flavors & Fragrances (NYSE:) stock rose 0.5% after the specialty chemicals company said it would sell its pharma solutions business to French plant-based ingredients maker Roquette in a deal valued at $2.85 billion, as it looks to focus on higher-margin businesses.
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Fusion Pharmaceuticals (NASDAQ:) stock soared 99% after AstraZeneca (NASDAQ:) said it will buy the clinical-stage biopharmaceutical company for about $2 billion in cash.
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Xpeng (NYSE:) stock rose 3.2% after the Chinese EV manufacturer unveiled better-than-expected quarterly earnings, even as it flagged a bumpy outlook.
