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Mattel, AMC Entertainment, Chevron rise premarket; Tesla, Domino's fall.


© Reuters -- U.S. futures traded higher Monday, starting a crucial week, which includes more corporate earnings and a Federal Reserve meeting, on a positive note. Here are some of the biggest premarket U.S. stock movers today:

  • Mattel (NASDAQ:MAT) stock rose 1.5% after the "Barbie" movie became the highest-grossing movie so far this year domestically, and this is expected to translate into higher sales of the toymaker’s iconic doll.

  • AMC Entertainment (NYSE:AMC) stock soared 40% after a judge blocked the theater chain's stock conversion plan that risked diluting investors' holdings.

  • Apple (NASDAQ:AAPL) stock rose 0.5% after Bloomberg reported that the tech giant is asking suppliers to produce about 85 million units of the iPhone 15 this year, roughly in line with the year before.

  • Tesla (NASDAQ:TSLA) stock fell 1.1% after UBS downgraded its stance on the EV manufacturer to ‘Neutral’ from ‘Buy’, saying the recent rally means the stock is now fairly valued.

  • Spotify (NYSE:SPOT) stock rose 0.2% after the music streaming company said it was raising the prices for its premium plans by $1 each in the United States, in an attempt to boost profitability.

  • Chevron (NYSE:CVX) stock rose 0.6% after the oil major revealed over the weekend a $6 billion net profit in the quarter ended June 30, ahead of expectations.

  • Johnson & Johnson (NYSE:JNJ) stock rose 0.8% after the drugmaker launched an exchange offer for its investors to exchange J&J's shares with those of its consumer health unit Kenvue (NYSE:KVUE).

  • Domino’s (NYSE:DPZ) stock fell 0.9% after the pizza chain missed expectations for second-quarter revenue, as elevated delivery fees and higher prices to boost margins hurt demand.

  • Public Storage (NYSE:PSA) stock rose 0.1% after the self-storage properties operator agreed to buy Simply Self Storage from Blackstone Real Estate Income Trust for $2.2 billion.


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