Tesla, Apple and Netflix rise premarket; Centene, Constellation Brands fall
- July 2, 2025
- Category:

Investing.com -- U.S. stock futures edged higher Wednesday, as investors digested the passage of U.S. President Donald Trump’s signature tax-and-spending bill through Congress ahead of the release of more labor market data.
Here are some of the biggest premarket U.S. stock movers today:
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Tesla (NASDAQ: TSLA ) stock rose 1.1%, bouncing after the previous session’s hefty losses, after the EV manufacturer’s China-made electric vehicle sales edged up 0.8% in June from a year earlier, snapping an eight-month losing streak.
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Apple (NASDAQ: AAPL ) stock rose 0.7% after Jefferies upgraded its stance on the iPhone manufacturer to “hold” from “underperform”, citing bullish expectations for the June quarter, even as it warned that long-term risks persist.
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Netflix (NASDAQ: NFLX ) stock rose 0.8% after the Wall Street Journal reported that the streaming giant plans to expand its unscripted programming with music competitions and live events.
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JPMorgan Chase (NYSE: JPM ), Bank of America (NYSE: BAC ) and Wells Fargo (NYSE: WFC ) edged up after the banking giants announced plans to raise their third-quarter dividends after clearing the Fed’s annual health check last week.
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Enphase (NASDAQ: ENPH ), First Solar (NASDAQ: FSLR ) and Sunrun (NASDAQ: RUN ) all rose, adding to the previous session’s gains with the renewable stocks surging after the Senate removed a widely criticized excise tax from its sweeping GOP tax bill.
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Constellation Brands (NYSE: STZ ) stock fell 0.5% after the drinks company missed first-quarter sales and profit estimates, as fears of rising tariffs and economic uncertainty prompted consumers to reduce purchases.
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Centene (NYSE: CNC ) stock slumped 26% after the healthcare stock withdrew its full-year revenue outlook as new industry data showed a significant drop in expected revenue from its marketplace health insurance plans.
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Verint Systems (NASDAQ: VRNT ) stock soared 12% after Bloomberg reported that the software company is in talks with buyout firm Thoma Bravo over a possible acquisition.