Coinbase, Yext down; Apple and GM are on the rise

Investing.com – U.S. stock futures fell on Tuesday as investors remained cautious ahead of the upcoming release of inflation data and the start of the Federal Reserve meeting.

Here are some of today’s updates on US stocks:

  • OperationsApple: ( NASDAQ: ) rose 5.9% after the tech company announced its new “Apple Intelligence” technology, which will be integrated into its line of apps, including Siri. In addition, the company will include OpenAI’s ChatGPT conversational AI on its devices.
  • OperationsGeneral Motors (NYSE: ) rose 2.25% after the automaker’s board of directors decided to authorize a new $6 billion share buyback plan.
  • OperationsTesla (NASDAQ: ) fell 3% on fears that the company’s autonomous taxi service could be out of business for several years.
  • OperationsLily again ( LLY ) fell 0.7% despite the fact that its Alzheimer’s treatment, donanemab, won unanimous approval from a Food and Drug Administration (FDA) advisory panel.
  • the actions ofCoinbase: (NASDAQ:) fell 4.6%, driven by a 4.5% drop in the value of the most widely used cryptocurrency, Bitcoin. Even the actions Marathon Digital Holdings (NASDAQ:), Riot platforms (NASDAQ:) e Microstrategy (MSTR) fell.
  • the actions ofOut ( YEXT ) fell 5% after the company, which helps businesses manage their online presence, announced the purchase of Hearsay Systems, the leading digital communications platform in the financial industry, for $125 million. The company also cut its full-year revenue forecast.
  • the actions ofCalavo Growers ( CVGW ) jumped 10% after the avocado supplier reported revenue and earnings for its fiscal second quarter that significantly beat expectations.
  • OperationsNextEra Energy: ( NEE ) fell 6% after the company released its earnings per share (EPS) guidance for 2027, indicating adjusted EPS to be in the range of $3.85 to $4.32.
  • the actions ofAppLovin (NASDAQ: ) fell 9% amid concerns over changes to Apple’s ad attribution system.

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