US Stock Market Update

Investing.com — US stock futures slipped lower Tuesday ahead of the final Federal Reserve policy meeting of the year, which may signal a more cautious approach to monetary policy loosening going forward.

Biggest Premarket US Stock Movers

• Nvidia (NASDAQ:NVDA) fell 1.6%, continuing its recent weakness, entering correction territory.
• Pfizer (NYSE:PFE) rose 2.9% as it expects 2025 profits nearly in line with expectations, focusing on cost-cutting and debt reduction post COVID-19 sales slump.
• Coinbase (NASDAQ:COIN) increased 0.8%, and MicroStrategy (NASDAQ:MSTR) rose 0.7%, aided by bitcoin surpassing $107,000.
• Albertsons Companies (NYSE:ACI) gained 1% after Telsey Advisory Group upgraded its rating to "outperform" from "market perform."
• Evgo (NASDAQ:EVGO) plummeted 22% after announcing the closure of its $1.25 billion loan from the US Department of Energy for new fast charging stations.
• SolarEdge (NASDAQ:SEDG) surged 13% after Goldman Sachs upgraded it to ‘buy’ from ‘sell’, anticipating a major turnaround in 2025.
• Red Cat (NASDAQ:RCAT) fell 12%, retracting some of the previous session’s 27% gains after announcing a partnership with Palantir (NASDAQ:PLTR).
• Affirm (NASDAQ:AFRM) dropped 3.7% following a $750 million convertible notes offering and a plan to repurchase $300 million of common stock.
• Stellantis (NYSE:STLA) rose 2.1% as Reuters reported a new mass-market model assignment to one of its Italian plants as part of a long-term plan.