Apple, Paramount Global, Eli Lilly fall premarket; JD.com rises By Investing.com

Investing.com — U.S. stock traded largely flat Tuesday, stabilizing after some volatile sessions resulted in a new all-time high for the blue chip .

Here are some of the biggest premarket U.S. stock movers today

• Apple (NASDAQ:) stock fell 0.3% after the tech giant announced that long standing CFO Luca Maestri will step down from his role at the beginning of the 2025.

• Paramount Global (NASDAQ:) stock fell 4.7% after media executive Edgar Bronfman Jr withdrew from the race for control of the media conglomerate, leaving the way open for the Skydance-Paramount merger to go ahead without a heated bidding battle.

• Eli Lilly (NYSE:) stock fell 1.5% after the drugs giant announced it has released a new form of its weight loss drug Zepbound for roughly half its usual monthly list price.

• Nvidia (NASDAQ:) stock edged 0.2% higher ahead of the chip giant’s results on Wednesday, which is likely to show that quarterly revenue more than doubled.

• JD.com (NASDAQ:) stock rose 3.9% after the Chinese online retailer announced a new $5 billion share buyback program, allowing the company to buy back its stock over the next 36 months.

• CAVA Group (NYSE:) stock slumped 7.6% after a director of the fast-casual Mediterranean restaurant chain, Theo Xenohristos, filed to sell over 98,000 shares.

• Boeing (NYSE:) stock rose 0.3% after the aircraft manufacturer said a boom in Chinese travel will mean that the Asian giant needs 8,830 new planes through 2043, up from last year’s 8,560 forecast.

• Netflix (NASDAQ:) stock rose 0.3% after Evercore ISI raised its price target for the streaming giant, citing strong survey results and a promising outlook for the company.